Goldman Sachs In The News

Music’s bond adventure continues, as SESAC and Hipgnosis both launch nine-figure offerings

SESAC used the money raised to buy Audio Network; Hipgnosis' bonds will be priced next week. Both deals involve Blackstone.

Matt Gralen named Chief Financial Officer at Beatport

Exec most recently served as EVP of Corporate Development at UnitedMasters

Sir Lucian Grainge on Universal’s new deal with Meta – and his belief that investment banks don’t ‘have the skill-sets or ability to exploit music rights’

Grainge was joined by Michael Nash and Boyd Muir on a call with analysts last week

Facebook will now directly share a proportion of ad revenue with music rightsholders for UGC videos. Your move, TikTok…

A big move from Mark Zuckerberg's company, as it lays down gauntlet to TikTok

Kobalt is pulling its 700,000 songs off Facebook and Instagram. Is the music biz headed for a historic bust-up with Meta?

News comes just days after Epidemic Sound launched a $142m lawsuit against Meta for alleged infringement

This company’s young artist has billions of YouTube views. It’s certain India is going to become one of the world’s biggest music markets.

Hitz Music founder and Indian music industry veteran, Vinod Bhanushali talks us through his views of the market

From Hipgnosis Songs Fund’s financial results to HYBE’s Disney deal… it’s MBW’s Weekly Round-Up…

The big stories from the past week

Hipgnosis Songs Fund didn’t buy a single catalog in the 6 months to end of March. It still grew in value by $140m.

Gross revenues topped $200m in the 12 months to end of March