Some of the "frothy" excitement that followed the launch of ChatGPT is dissipating. "It takes time to see the effects of technological changes," says one expert.
Also this week: Celine Dion sees a streaming spike after the icon's triumphant performance at the Paris Olympics.
The judge also suspended the singer's driving privileges in New York.
Also this week: Sony Music Publishing UK appoints a vp of visual & media rights, two Parlophone vets launch a recrd label and much more.
A source tells Billboard there are important limitations to the one-third interest in the company which is being auctioned off to satisfy the label co-founder's debts.
First launched in 2020, the non-partisan initiative is meant to educate artists, songwriters, industry professionals and communities about voter registration and turnout.
The Paris-based company lowered its guidance on revenue growth in the full year to reflect subscription and ad-supported streaming trends.
In the new structure, Atlantic's longtime co-leader Julie Greenwald will become chairman of Atlantic Music Group, with Elliot Grainge stepping into the role of CEO.
This week in publishing news: NEON16 and Unrestricted sign Frank Rio, BMG Nashville forges an admin partnership with Jason Aldean's Triple Play Music, and more.
The decrease, though better than the same quarter last year, contributed to an overall 3% decline in the company's quarterly revenues.