Industry Earthquake: $813M Deal & The Streaming Paradox

Eight hundred thirteen million dollars invested, yet music majors still can't crack code. In a week of seismic shifts, Spotify and Universal Music Group sealed their landmark AI deal, a partnership set to redefine the industry's AI landscape. Meanwhile, Shamrock Capital's $813M raise marked another milestone in the private equity world. Forty-six sold-out shows without a release is the kind of evidence fans crave. And then there's Japan's Avex, witnessing 81% less growth than its industry counterparts. Back here on earth, it's business as usual. The Music Business Worldwide's Weekly Round-up distills the most pressing industry stories. Brought to you by GetLife Records.