Billboard In The News

From Sony’s nine-figure label buy to Songtradr’s $50m fund raise: It’s MBW’s Weekly Round-Up

The biggest stories of the past five days – and why they matter

Primary Wave acquires majority stake in music publishing catalog of AWOLNATION’s Aaron Bruno

Deal includes the hit Sail, which has over 600 million plays on Spotify alone

Sony Music buys majority stake in Todd Moscowitz’s Alamo Records for nine-figure sum

New York-based Alamo was founded in 2016 and has broken artists including Blackbear, Lil Durk and Rod Wave

BMG partners with Pulse and Quickfire Films and Lewis Capaldi for new documentary film

Film captures the singer-songwriter’s rise to fame

Better Noise Music signs British rock band Asking Alexandria

UK deal starts this month

Nicki Farag promoted to Executive Vice President and General Manager of Def Jam Recordings

Farag will report to Def Jam interim Chairman and CEO Jeffrey Harleston

Downtown sets up New Markets department, appoints Sheer Music Africa MD David Alexander to SVP role

CD Baby’s Heli Del Moral Appointed VP

Universal Music India and Capitol Records team up on Jason Derulo re-work of Tesher’s global hit Jalebi Baby

Two Universal companies have jointly signed a global deal with Tesher