A lawsuit against EDM promoter SFX Entertainment is seeking compensatory damages for “false and misleading statements” regarding an effort by CEO and chairman Robert Sillerman to take the company private. The complaint, filed on Sept. 11 by New York firm Abbey Spanier LLP, claims investors were deceived about Sillerman’s intent to acquire the company and…

Prince unleashed his new album to music retailers on Monday following a week-long exclusivity pact with Jay Z’s streaming service, Tidal. The album, HITNRUN Phase One, is now available on iTunes, Amazon and other outlets, including Tidal itself, which for the first time is letting subscribers and non-subscribers alike make album purchases on the site. Also surprising: Tidal’s move to…

  While Spotify and others have proven to be impressive innovators, the music business gets really interestingand change ripples into the mainstream when big online players jump in, as Apple just did. Over the weekend, Google signaled its increased interest in music and shared a roadmap while taking aim at its competitors….

The official website of The Beatles has been teasing a big announcement since Saturday (Sept 12). A video shows a countdown from ’10’ to ‘1’….

The news that UK licensing and collection society PRS For Music is suing SoundCloud remains one of the biggest stories posted by MBW this year. Yet this is not a straightforward tussle. There are a wealth of significant secondary factors swirling around PRS’s decision to take on SoundCloud, which boasts in excess of 175m users….

SESAC has completed its acquisition of the Harry Fox Agency from the National Music Publishers’ Assn. While terms of the deal weren’t disclosed, sources suggest that SESAC paid about $20 million-$25 million for the mechanical rights organization. The deal had been waiting approval by the NMPA membership….

The Weeknd earns a second week at No. 1 on the Billboard 200 albums chart as Beauty Behind the Madness continues to reign as the most popular album in the U.S. The set shifted another 145,000 equivalent album units in the week ending Sept. 10, according to Nielsen Music (down 65 percent). A week ago, the album bounded…

A new hologram of Whitney Houston is to make its first appearance in 2016. The hologram will be shown in ‘a major US venue’ and the show will be broadcast to televisions and computers around the world. …

Having a YouTube channel can be an excellent way to promote your music and make it available to a broad audience, but as with so many platforms, knowing how to effectively manage a YouTube channel is critical to making it successful….

From launching billion-dollar brands to fronting iconic luxury labels, artists from Kanye West to Jessica Simpson are approaching style as an additional source of cash at a time when music sales have fallen. But as the numbers behind some of this year’s most major deals prove, musicians are returning the favor by lifting both the sales and social reach…