Live Nation pulls out of $400m-plus majority acquisition of Latin America’s biggest promoter

“Live Nation anticipates that CIE will defend these arbitration proceedings and that both CIE and TV may pursue any legal remedies available to them.”
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Is Len Blavatnik about to complete the shrewdest deal in the history of the record business?

The case for Len Blavatnik having made the smartest acquisitive move in record industry history
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Warner Music Group launches IPO, as firm readies flotation on Nasdaq

Some 70 million shares made available for underwriters to sell on by Access Industries
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Spotify’s market cap value soars by nearly $4bn in wake of landmark Joe Rogan podcast deal

Deal with comedian sent company’s stock price soaring over next 24 hours
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Spotify’s $100m+ Joe Rogan deal redefines its podcast strategy. Songwriters and record labels should be watching closely.

Why Spotify’s big money buys might concern music’s most powerful rightsholders
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Goldman Sachs just cut its 2020 paid music streaming revenue forecast by $2.2bn… but the future still looks bright

Adjustments to the financial giant’s forecasts say much about the future of the music business at large
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‘You can buy No.1s on Billboard’: Tekashi 6ix9ine claims 30,000 Ariana Grande single sales were purchased using 6 credit cards

Tekashi 6ix9ine is not happy. The rapper released his first music in well over a year on Friday, May 8 with GOOBA, a new track and video that set multiple records. For example, GOOBA, distributed by Create Music Group, became the fastest video in histo…

Reservoir acquires 16,000 copyrights by bringing Shapiro Bernstein into its portfolio

Sources tell MBW it’s Reservoir’s biggest deal yet
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