PPL says that its Q3 payout total is made up of international revenues collected from 73 CMOs worldwide
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Author archives: Music Business Worldwide
Hipgnosis Songs Fund secures new $700m debt package, ‘materially’ reducing interest burden on its borrowing
Hipgnosis Songs Fund is now looking to fix the rate applied to the majority of its debt
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Triller secures $310 million investment ahead of planned Q4 IPO
The big money keeps on moving in the music industry…
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From Concord buying Phil Collins + Genesis bandmates catalogs to Pophouse’s Avicii rights deal… it’s MBW’s Weekly Round-Up
Our biggest stories of the week, brought to you in association with Centtrip
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Paul Hourican promoted to Global Head of Music Operations at TikTok
He was previously Head of Music Operations, UK & EU
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Deezer-backed livestreaming startups Driift and Dreamstage merge, backed by $4.3m investment from Deezer
Deezer becomes the largest shareholder of Driift.
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Phil Collins, Mike Rutherford, and Tony Banks of Genesis sell rights to Concord in $300m deal
Company says the ‘combined music catalogs of Genesis and these three artists are some of the most commercially successful of all time’
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BMG just booked out one of Germany’s most prestigious theaters every night till the end of 2024
Today’s news comes two years after BMG bought a majority stake in local live music promoter, Undercover
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Two thirds of TikTok’s viral hits are sparked by organic content, with no spend on advertising or influencers (report)
Creative consulting agency ContraBrand publishes report on How Artists are Going Viral on TikTok in 2022
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The Weeknd-backed personalized song creation startup Songfinch raises $17m in Series A round
Latest round brings the company’s total funding to-date to $21.8 million
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