BMG and Logan Media Entertainment Launch Label to Focus on ‘Resurgent Established Artists’

BMG and Logan Media Entertainment have launched a new label, Tag8 Music, to focus on ‘resurgent established artists’ with albums from Blue, Pixie Lott, and Roachford. BMG has partnered with management company Logan Media Entertainment (LME)…

Sony Music Masterworks Acquires Majority Stake in Dubai-Based MAC Global

Sony Music Masterworks has announced a new majority investment in Dubai-based MAC Global. MAC Global is a regional concert promotion, talent management, and events and production company. It was founded in 2014 by Rob McIntosh and Daniel Goldberg and i…

Shamrock Capital, Substantial Owner of Taylor Swift’s Catalog, Sells Minority Stake

Shamrock Capital, the media and entertainment investor that owns Taylor Swift’s masters, sells a minority stake in the firm. RidgeLake Partners, a strategic partnership between Ottawa Avenue Private Capital and Apogem Capital, along with Bonaccor…

Reprtoir Evolves: New Solutions and Pricing Plans Focused on Facilitating Labels and Music Management Companies

Reprtoir is now simplifying its multi-product offering and switching to plan-based pricing with four major tiers. With the B2B shift, Reprtoir’s CMS is now courting bigger companies. Juggling a list of digital chores can quickly become overwhelming for…

From Vivendi selling 2.9% of UMG to ABBA’s new album: It’s MBW’s Weekly Round-up

The biggest stories of the past five days – and why they matter
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Universal launches Virgin Music Label & Artist Services around the world, rebranding Caroline and Caroline International

Virgin Music Label & Artist Services leadership teams appointed in the US, UK, France, Germany, Japan & Latin America

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Republic Records Officially Bans the Use of the Word ‘Urban’

Republic Records, a division of Universal Music Group and one of the largest labels in the world, has decided to ban the use of ‘Urban’ to categorize or describe their music. ‘Urban’ has been a standard industry terms for decade…

Universal Music Group CEO Lucian Grainge Tests Positive for Coronavirus

Universal Music boss Lucian Grainge has tested positive for coronavirus, according to multiple reports surfacing this weekend. Lucian Grainge, who recently celebrated his 60th birthday, is reportedly being treated at UCLA Medical Center for coronavirus…

With IPO Plans on Ice, Warner Music Officially Plants a Flag In India

With markets around the world reeling from the ongoing coronavirus (COVID-19) outbreak and corresponding fears, Warner Music has put its previously planned IPO on ice. However, the major label is still working to meet its international growth goals, as…

TikTok’s Streaming Music Service, Resso, Officially Launches In India — Without Universal Music

TikTok parent company ByteDance has launched Resso, its long-awaited music-streaming service, in India. Though the platform bears some similarities to TikTok, it’s been tailored to resemble leading streaming services in terms of payments and subscripti…