The biggest stories from the past week – and why they matter
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Author archives: Music Business Worldwide
Astralwerks and Capitol Records China ink licensing deal with Live Nation Asia label Fabled Records
Astralwerks, Capitol Records China to collaborate on the global release and distribution of Fabled Records artists and projects
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India-based music NFT platform FanTiger, founded by ex-Gaana CEO Prashan Agarwal, raises $5.5m
Seed round was led by Multicoin Capital
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Jason Allen promoted to Senior Director of Infrastructure Operations at TuneCore
Allen has been integral in building the company’s infrastructure team, says TuneCore
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Matt Pincus’ MUSIC raises $200m, as it eyes record label, publishing, Web3 acquisitions
JS Capital Management and Schusterman Family Investments join Liontree to partner with Pincus
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Sujata Murthy promoted to Executive Vice President of Media & Artist Relations at Universal Music Enterprises
Murthy will also work closely with artists, managers and estates across UMG’s roster
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Sony Music joins $7.5m funding round for royalty-free music startup Slip.stream
Latest round brings company’s total raised to $10.75 million
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Beatport acquires music discovery portal LabelRadar
LabelRadar joins Hype and LabelBase as part of Beatport’s Music Services division
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Justin Timberlake sells song catalog to Hipgnosis and its $1bn-backed Blackstone fund
Hipgnosis buys 100% of all of Timberlake’s copyright, ownership and financial interests of the Writer and Publisher’s Share of Public Performance income, and the catalog of musical compositions written by Justin Timberlake.
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Sony Music to expand unrecouped balance program to more artists and songwriters
Sony Music is extending the program on a rolling basis
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