Apollo-managed funds and affiliates have acquired what Apollo describes as a "noncontrolling interest" in a subsidiary of BMG that holds the legacy Concord asset-backed securities, backed by a catalog of over 1 million songs
BMG secures exclusive licensing rights to electronic music innovator Jean-Michel Jarre’s recorded catalog across a broad range of territories worldwide.
UMG and ElevenLabs announced a licensing agreement, which will see the latter build a fan platform for remixes, mashups, and "new track interpretations."
Miao oversaw finance, legal, data and revenue operations at Hightouch, and had been both a customer and an angel investor in the company before joining it.