Universal Music Group, Sony Music Group and Warner Music Group joined a $76 million Stability AI funding round, signalling the major labels’ growing financial and strategic interest in generative AI. The week also saw significant business results and copyright disputes, highlighting both growth in the music sector and intensifying efforts to control the use of recordings online and in AI training.

Beggars Group’s 2025 revenue rose 20% year on year to £134.48 million, while BMG reported first-half 2026 revenue of €444 million, up 4.9%, and expects its merger with Concord to close in the third quarter. Sony Music sued Kroger over at least 392 alleged unlicensed uses of recordings in social-media advertising, and a US judge allowed UMG and Sony to add a claim that AI music company Suno bypassed YouTube’s anti-downloading measures to obtain training material.