Music distributor Alliance Entertainment is going public via $480m-valued SPAC merger

Alliance says going public will “enhance [our] ability to pursue future acquisitions, while also investing in further automation of [our] distribution facilities and upgrading [our] proprietary suite of software”
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UMusic Media Network launched to ‘connect brands and partners’ with exclusive media from UMG

Eight of the world’s top ten-selling artists on the 2021 IFPI global charts were signed to or distributed by UMG labels, including BTS and Glastonbury 2022 headliner Billie Eilish
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Audiomack expands licensing agreement deal with Universal Music Group, covering Africa, the UK and Canada

The deal makes UMG content available to Audiomack subscribers in countries across the African continent, the UK and Canada
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Warner’s latest web3 move is an investment in virtual artist and metaverse platform Authentic Artists

Warner Music Group has been particularly active in the Web3 space over the past few months. In January, WMG inked a strategic partnership with virtual gaming world The Sandbox, marking what WMG said was its “first entry into the NFT metaverse realm”. T…