Your Daily Drop may 8th
๐ถ Music Industry & Artist News
Warner Music Group Reports Strong Q2 Growth
Warner Music Group has released its financial results for the fiscal second quarter ended March 31, 2025. The company reported revenue growth across recorded music and music publishing, with operating and free cash flow increasing by 53% and 59%, respectively. GlobeNewswire
Andrea Bocelli Signs Exclusive Live Performance Deal
Andrea Bocelli has entered into an exclusive five-year agreement with AEG for his live performances, covering all five continents and all ticketed live events. Hypebot
Ty Stiklorius Discusses Systemic Abuse in Music Industry
Music industry executive Ty Stiklorius spoke with NPR about the trial of Sean "Diddy" Combs and the broader issue of systemic abuse within the music industry. Delmarva Public Media+1VPM+1
๐งช Music Tech & Innovation
Suno Enhances AI Music Generator Capabilities
Suno has upgraded its AI music generator to version 4.5, introducing enhanced vocal capabilities and extending maximum song lengths to 8 minutes. The update also allows users to create mashups combining different genre styles. Music Business Worldwide
Samsung's Harman Acquires Bowers & Wilkins and Denon Parent Company
Samsung's Harman division has acquired the parent company of Bowers & Wilkins and Denon, expanding its portfolio in the audio equipment industry. Music Ally
๐บ Streaming & Entertainment (Music-Focused)
Apple Music Launches 'Viral' Playlist Powered by Shazam
Apple Music has introduced a new 'Viral' playlist, curated based on Shazam activity, aiming to highlight trending songs and emerging artists. StartupNews.fyi
Peacock Premieres 'Poker Face' Season 2
Peacock has released the second season of its mystery series "Poker Face," starring Natasha Lyonne, with new episodes featuring guest appearances by John Mulaney, Giancarlo Esposito, and others. Boston.com
๐๏ธ U.S. Politics
President Trump Declares May 8 as National Holiday
President Donald Trump has declared May 8 as a new national holiday. The announcement has led to questions about what services and businesses are open or closed on this day. Fortune
U.S. and U.K. Expected to Announce Major Trade Deal
The United States and the United Kingdom are anticipated to announce a comprehensive trade deal aimed at reducing tariffs and strengthening economic ties between the two nations. CBS News