News Hipgnosis invests in Timbaland’s music marketplace Beatclub, grants producers and artists access to sample from its catalog Investment is part of Beatclub's series A-2 funding round
News After investing $125m over the past year, Cutting Edge secures another $100m to buy film and TV music rights The initial $125m round 'has been fully deployed' according to the company
News Warner Chappell inks global publishing deal with South Korea’s MZMC Inc. MZMC Inc. was founded in 2019 by Paul Thompson
News TikTok rival Triller acquires influencer marketing firm Julius Founded in 2012, Julius connects influencers with brands and agencies
News Music distributor Alliance Entertainment completes $480m SPAC merger Firm completes merger with blank check company, Adara Acquisition
News Ingrooves inks exclusive distribution deal with Australian indie label Teamwrk; to distribute rapper Masked Wolf globally Partnership builds on the two companies’ existing alliance signed in mid-2022
News Switzerland-based MusicBird secures $100m loan facility from Mitsubishi UFJ Financial Group to buy music rights Company entered the rights acquisition space in 2021
News Jennifer Hills and Sarah Desmond promoted to co-MDs at Universal Music UK’s Globe creative agency Desmond and Hills joined Globe in 2009 and 2012
News Led by Scooter Braun, HYBE America buys Atlanta rap powerhouse Quality Control Quality Control, a music, sports, and film and television empire, was founded by Chief Executive Officer Pierre Pierre “P” Thomas and Chief Operating Officer Kevin “Coach K” Lee.
News Utopia sells music directory platform ROSTR back to founders Founders Mark Williamson and Adam Watson re-acquire ROSTR
News Warner to buy majority stake in India-based digital media and music firm, Divo Divo is claimed to be the largest digital media and music company in South India
News South Korea’s Kakao buys 9.05% stake in K-Pop giant SM Entertainment worth $172.8m Capital raised through the deal will fund new multi-label system, SM 3.0
News Sony Music’s Santa Anna makes three exec appointments a month after launch Label was founded by Sony Music Entertainment (SME) and Todd Moscowitz in January
News Shamrock Capital, the firm that bought Taylor Swift’s masters, raises over $600m to expand content strategy Company has approximately $4.4bn of assets under management.
News After reaching milestone of 60m creators, BandLab acquires beat marketplace Airbit Producers have earned more than $50 million on Airbit to date