Music Business News: Europe

IMPALA and A2IM take aim at indie music’s carbon footprint with US pilot program

The pilot project is meant to adapt IMPALA's carbon calculator for US companies, with an eye to further global expansion

From TikTok’s music investment team to Sony’s reported Queen catalog acquisition… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days…

KKR acquires live music giant Superstruct in $1.4bn deal (UPDATE)

KKR is making the investment in Superstruct through its $8bn European Fund VI

Warner makes yet another move in South East Europe; acquires minority stake in Croatian label Dancing Bear

Croatia's Dancing Bear is known for having signed of the region's most prominent talent

Universal Music Group’s merch company Bravado unveils new leadership structure

Colin McIntosh named Chief Financial Officer amid other appointments

Amra has invested more than $50m in its tech to date – with most of it spent in the past 3 years

The company claims that these enhancements have directly resulted in an uplift in revenues

Queen catalog to be acquired by Sony Music in $1.27bn deal (report)

Sony Music Entertainment is set to acquire the catalog of legendary rock band Queen in a landmark deal worth GBP £1 billion (USD $1.27 billion at current exchange rates). That’s according to Hits, which reported on Wednesday (June 19), citing sources, that Sony Music has emerged as the winning buyer for Queen’s recording and publishing … Continued

Music journalist Mark Sutherland launches ‘The Money Trench’ music business podcast

Inaugural episode will feature Lorna Clarke, BBC Director of Music