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On Wednesday (November 8), at the offices of Universal Music UK, a coalition of organizations launched two initiatives to support people living with dementia through music. The special special event, attended by policymakers, representatives from charitable organizations, and leaders in the healthcare sector saw the launch of The Power of Music Fund and the Music Can digital platform. The projects

Hipgnosis Song Management (HSM), the investment adviser founded and run by Merck Mercuriadis, has made two significant appointments in its executive leadership. Daniel Pounder has been appointed Chief Financial Officer of HSM, while Jonathan Baker has been appointed to the newly-created role of General Counsel. HSM currently services two clients: the Blackstone-backed private fund, Hipgnosis Songs Capital,

Elliott Peters has been promoted to General Counsel at San Francisco-based independent record label, publisher, and distributor EMPIRE. In this new role, Peters will spearhead EMPIRE’s legal and business affairs on a global scale, including overseeing negotiations with music streaming services and retailers. EMPIRE says it promoted Peters because of his extensive knowledge and expertise in

It’s a done deal. Avid Technology has officially been acquired by an affiliate of private equity firm Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.4 billion. Avid is the maker of popular music production software Pro Tools, which is widely used in the recording industry. The company claims on its website that every record

K-pop giant SM Entertainment says it’s expanding its search for songwriting talent worldwide, after logging its highest-ever quarterly revenue and profit in Q3. The Seoul-headquartered company reported on Wednesday (November 8) that revenues for Q3 2023 came in at KRW 266.3 billion (USD $203 million at the average exchange rate for Q3), up 11.8% YoY. Consolidated operating profit amounted

France-headquartered music streaming platform Deezer has rebranded and launched a redesigned app. The rebrand, announced at an event in Paris on Tuesday (November 7), arrives as the company claims to be “reinventing itself as an experience services platform”. Deezer also says that it is “refreshing its visual identity” in order to “highlight [its] transformation and recharge people’s emotional connection

With the A&R Awards now in the rear-view mirror and Christmas just a couple more bends in the road away, it’s time for Next Big Thing season – kicking off, as always, with Vevo’s DSCVR Artists to Watch list. Now in its 10th year, the 19 selected artists will benefit from a showcase platform consisting of live