From Universal's Meta deal to a new AI-powered music streaming service... it's MBW's Weekly Round-Up

Universal Music Group and Meta Sign New Global Deal
Universal Music Group (UMG) has expanded its multi-year deal with Meta, now including WhatsApp alongside Facebook, Instagram, and Messenger. This partnership allows UMG artists to share licensed music across Meta’s platforms, potentially unlocking new value for artists and songwriters.

Roblox Partners with DistroKid, but Artists Won’t Get Paid
Roblox has teamed up with music distributor DistroKid, allowing indie artists to make their music available to its 80 million daily users. However, artists will receive no payment for their music played on the platform.

Tencent Music Launches ‘Super VIP’ Tier at Five Times the Regular Price
Tencent Music Entertainment (TME) introduced a "Super VIP" subscription tier that costs five times the average streaming subscription. As Spotify prepares to launch its own premium tier, it could benefit from examining TME's pricing and service model.

Jon Landau Sells Music Interests to Primary Wave
Jon Landau, renowned manager of Bruce Springsteen, has sold his producer and neighboring rights royalties to Primary Wave Music. This acquisition includes royalties from his 55-year career, where he also worked with other artists like Jackson Browne.

Kunlun Tech Launches AI-Powered Music Streaming Service
Kunlun Tech has launched Melodio, touted as the world’s first AI-driven music streaming platform. The service offers personalized, AI-generated music streams tailored to users' moods and scenarios, targeting a broad user base across various sectors.