The biggest stories of the past five days – and why they matter
Source
Author archives: Music Business Worldwide
Primary Wave raises $375m investment from Oaktree Capital, sells minority stake
Larry Mestel says: “This is an exciting new chapter for the entire company as we continue to grow and evolve our business.”
Source
Chelsea Blythe appointed Senior Vice President, A&R at Def Jam Recordings
Blythe will oversee current and new artist projects, while discovering and signing new talent to Def Jam
Source
Primary Wave and Universal’s Virgin Music ink global deal
Gaither Group labels and Sun Records to deliver first releases under deal
Source
Tilmann Richter joins Sony Music Germany as Vice President Live Ventures
Richter will lead Sony Music’s live division and the development of live campaigns for Sony Music artists
Source
In historic move, Sony Music is disregarding unrecouped balances for heritage catalog artists
Rob Stringer-led company meets demand from artist advocates – a policy that some believed a major record company would never openly adopt
Source
Vancouver-based A&R company Reliant Music expands into Europe
John Dexter’s company makes international move as its business grows
Source
Shamrock, the firm that bought Taylor Swift’s masters, closes new $1bn growth fund
Firm has around $3.5bn of total assets under management
Source
Believe is a public company, as CEO Denis Ladegaillerie rings bell on Paris stock market debut
Believe will use €300 million raised to acquire music companies over the next three years
Source
Universal Music Group inks exclusive partnership with $28.5m-backed fitness technology startup Liteboxer
Beat-based boxing platform will feature UMG’s artist roster
Source