Music Business News: Europe
News UMG repurchased 14,156,285 of its ordinary shares at €17.66 each after its board recently rejected a takeover proposal from Ackman and Pershing Square.
Analysis The latest 'Tim's Take' from Music Business Worldwide founder, Tim Ingham
News The deal covers Raymonde's body of work as a member of the Scottish band, including his co-writes on the 1990 album Heaven or Las Vegas.
News N'Dour succeeds outgoing Vice Presidents Yvonne Chaka Chaka, a South African singer and songwriter, and Arturo Márquez, a Mexican composer.
Analysis The following MBW op/ed comes from Deviate Digital founder Sammy Andrews...
News The new system is designed to reduce administrative steps for small labels and self-releasing artists that do not own and manage large catalogs.
News Virgin Music Group will handle VOLYUM's global distribution.
News Merlin has also promoted four additional members of its Partnerships team: Shannon Bradley, Alice Moss, Daniele Yandel, and Simon Marcel.