Author archives: Tim Ingham

Indian label Tips Music, which attracts over 5bn YouTube views per month, inks global licensing deal with Facebook

“We are happy to collaborate with Facebook on this deal, millions of Facebook and Instagram users across the World will now be able to add Tips’ music to their stories and videos for them to create and share.”
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Sir Lucian Grainge: ‘Putting music’s power to work for good may have been more important this year than it’s ever been.’

“There’s no question that 2020 was a year of struggle and tragedies, but it was also a year of courage and heroes.”
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Tencent-led consortium to buy another 10% of Universal Music Group, taking total stake to 20%

Universal Music Group parent Vivendi has confirmed that a Tencent-led consortium decided yesterday (December 17) to buy an additional 10% stake in UMG. The transaction, which will take place during the first half of 2021 subject to regulatory approvals…

Tuned Global inks new deals in Asia – including a renewal with Japan’s biggest domestic streaming service, Line Music

B2B music and tech provider also signs two new deals in Thailand, and another in Mongolia
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Universal Music Group acquired Young Money catalog for over $100m in June (says Lil Wayne’s ex-manager, who’s suing him for $20m)

Lawsuit claims that Ronald Sweeney missed out on promised 10% cut of Young Money sale price
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‘We’ve always known music is essential to people’s lives, but this year we’ve felt that on a whole new level.’

Paul Robinson has worked for Warner for a quarter of a century – with his latest year one of his most challenging yet
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Rob Stevenson joins 300 Entertainment as Partner, as Kevin Liles-led company focuses on ‘competing at the highest level’

“I’m looking forward to working with Kevin and the 300 team to craft a modern definition of what a record label is, and how best to support artists, today.”
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