Music Business Worldwide – Page 179

Official: Blackstone is investing $1 billion in music rights via Merck Mercuriadis and Hipgnosis… and there could be billions more on the way.

Blackstone tells MBW “this is just the start” and that its ambition in music is “much more substantial”
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Clive Black joins Primary Wave in the UK to focus on catalog acquisitions of ‘iconic and legendary song writers’

‘Clive is a force in the music industry in the UK,’ says Larry Mestel, Founder & CEO of Primary Wave Music
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Adele returns with 30: Here’s 5 things we know about the superstar’s new album so far

No featured artists, new collaborators, and at least one “hypnotic” track
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Beggars Group saw revenues dip slightly in 2020 to $79.2m… but profits nearly doubled

“A by-product of not being able to promote new releases to the extent we would have liked is that we have seen significantly reduced marketing and promotional expenditure across all labels which has worked its way through to the bottom line.”
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‘We’re very fortunate that someone decided to call this a job.’

MBW’s World’s Greatest Songwriters series celebrates the pop composers behind the globe’s biggest hits. This time, we talk to Grammy and multiple Latin Grammy-winning Edgar Barrera.
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Metropolis Studios signs on as A&R Awards sponsor as big night nears

Metropolis Studios’ CEO Richard Connell said: “A&R is clearly at the heart of the music business – but it’s a heart that can only beat with the energy and support of an amazing A&R Admin team.”
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