BMG paid $100m to buy Broken Bow in a ‘significant milestone’ for its business

Buyout gives company a strategic recordings foothold in Nashville

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AEG buys stake in The Bowery Presents – and claims to be New York’s No.1 promoter

Independent promoter puts on more than 2,500 events every year

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David Wolter exits RCA to head Virgin Records at Capitol Music Group

Exec will report into Ashley Newton at CMG in Hollywood
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Google generated $90bn last year, 6 times more than the global recorded music business

Google turned over $89.8bn in 2016, withmore than $79bn coming from ads
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Facebook poaches key YouTube exec Tamara Hrivnak as global music strategy boss

Former Warner exec will head up company’s music strategy worldwide
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