Oana Ruxandra will step up to oversee Business Development at Warner Music Group, just weeks after WMG’s Chief Digital Officer departed. Ruxandra adds to her present position as Executive Vice President, New Business Channels & Chief Acquisition Of…
Tag archives: Labels
BTS Agency Big Hit Entertainment Valued at More than $1 Billion
Not only is K-pop band BTS hitting it big, but so is the agency that represents them. Just recently, Big Hit Entertainment was valued at more than $1 billion — on the low end. The Hyundai Research Institute has estimated that Big Hit was worth somewher…
Mojo Purchases a Majority Stake in Indie Publisher Chelsea Music
Mojo Music & Media has purchased a majority stake in London-based Chelsea Music. The indie label will remain in operation and will serve as the London presence for Mojo. Chelsea Music was founded by industry veteran Eddie Levy, who will stay on as …
Warner Music Finland Acquires Finnish Indie Hip-Hop Label Monsp Records
Warner Music Group has acquired Monsp Records, one of the largest indie hip-hop labels in Finland. WMG has been scooping up several independent labels across the globe in the last two years. Recent acquisitions for WMG include Netherlands-based Spinnin…
Jennifer Lopez Is Leaving the Major Label System — Inks With Empire-Distributed Hitco
Multiple sources are reporting that Jennifer Lopez has left Epic Records and signed with LA Reid’s indie label, Hitco. Jennifer Lopez was signed to Epic Records for years, including the period when Reid served as CEO and president of the Sony-owned lab…
Warner Bros. Officially Rebrands to ‘Warner Records’ After 61 Years — But Why?
After 61 years of operation under Warner Bros. Records, the label is being rebranding to ‘Warner Records’ across the globe. The new logo and revamped website are now official. It’s a seriously done deal, but why the full rebranding of such a storied s…
Sony/ATV Inks a Global Deal With Troy Carter’s Freshly-Hatched Q&A
Sony/ATV has reached a deal with Q&A to administer the music/tech company’s publishing catalog. The Q&A deal comes just a month after Troy Carter and J. Erving announced Q&A. The music tech company is based in Los Angeles and offers distrib…
Kobalt’s AWAL Snags Another Indie Partnership: In Real Life
LA-based In Real Life has launched a new partnership with Kobalt’s label services company, AWAL. According to the companies, In Real Life will leverage AWAL’s distribution and marketing expertise to maximize artist promotion opportunities. The newly i…
Universal Music, Producer Tommy Brown Form Champagne Therapy Music Group
Brown recently announced an official partnership between himself and Universal Music Group to create the brand-new Champagne Therapy Music Group. Tommy Brown is known as a hitmaker. He most recently produced for Ariana Grande, working on several of her…
AWAL Inks Global Label Services Deal With SideOne Dummy Records
AWAL has signed an exclusive worldwide deal with independent label SideOne Dummy Records. The deal will see AWAL’s marketing, A&R, promotion, distribution, and licensing expertise applied to SideOne Dummy’s current roster and catalog. The deal is …