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HarbourView Equity Partners, an investment firm in the entertainment and media space, has announced the acquisition of ‘select songwriting and publishing assets’ from the hip-hop and R&B music group and production team Full Force. Full Force, known for their multifaceted roles as both performers and producers, emerged in the 1980s and gained recognition as producers […]

Earlier this year, BMG CEO Thomas Coesfeld declared his company is “doubling down” on its operations in North America – a region already responsible for more than half of the company’s revenue – as part of an overall refocus towards its core music publishing and recording business. To that end, Coesfeld promoted John Loba to President, Frontline Recordings, North America (from his

Key Production, a UK-based bespoke packaging agency for vinyl, CDs, cassettes, and DVDs, has announced its expansion into Europe with the opening of a new division in Germany, led by Andreas Kohl. The company — known for providing vinyl design and manufacturing services for artists like Radiohead, Nick Cave, Alt-J, Idles, Little Simz, Ezra Collective, and more — aims to offer its

Audio and podcast giant Audacy has begun the process of healing its financial wounds, after gaining approcal from the US Bankruptcy Court for the Southern District of Texas for its reorganization plan, allowing it to emerge from from Chapter 11 bankruptcy. Audacy, burdened by a staggering $1.9 billion debt, filed for Chapter 11 bankruptcy protection in Texas on

Songwriters and music publishers are set to receive a net total of nearly $400 million more in royalties for 2021-2022, thanks to a final ruling on streaming royalty rates. This follows a years-long battle between creators and streaming services over fair compensation. The windfall stems from the Copyright Royalty Board’s Phonorecord III determination in August 2023, which

Warner Music Group CEO Robert Kyncl has been keeping busy, announcing his company’s best-ever quarter, alongside a plan to find $200 million in cost savings and put “more money behind the music.” During Warner’s earnings call on February 7, Kyncl highlighted one area where he expects to spend these funds, pausing to highlight the opportunities in “high-growth geographies”. The MENA region (Middle East

Last week, Taylor Swift was named as IFPI‘s Global Recording Artist Of The Year for 2023. Today (February 26), IFPI, the organization that represents the recorded music industry worldwide, has announced that Flowers by Miley Cyrus is the winner of the IFPI Global Single Award for 2023. The IFPI Global Single Award is presented to the artist with the world’s

Universal Music Group (UMG) has acquired a majority stake in Lagos, Nigeria-based music company Mavin Global (Mavin). UMG describes Mavin as “the driving force behind many of the continent’s Afrobeats artists”. Founded in 2012 by artist, producer, music executive and entrepreneur, Michael Collins Ajereh (aka Don Jazzy), Mavin has played a prominent role in breaking Afrobeats

In a song rights M&A market where deep-pocketed buyers predominantly seek deals with superstars whose predictably high streaming income offers a solid ROI, how do the middle-class of songwriters access liquidity from their work? Music rights investment firm Catch Point Rights Partners, founded in 2020 by senior executives in the music and private equity industries, believes it

Spotify has launched AUX, a new in-house music advisory agency for brands. With AUX, Spotify says that it plans to “counsel brands about how best to use music to enrich their campaigns and connect them with emerging artists to help them reach new audiences”. Spotify says that marketing veteran Jean-François Pathy has been instrumental in AUX’s