Music Business News: Europe

Charlotte Saxe promoted to SVP, Legal & Business Affairs at Warner Music UK

James Radice to step down from his role after eight years

Def Jam inks exclusive worldwide JV with Nigeria and UK-based NATIVE Records

NATIVE Records is the music division of NATIVE Networks

Pete Simmons promoted to Head of A&R UK at Universal Music Publishing Group

Simmons joined UMPG as an A&R scout in 2014

Daniel Ek poured €100m into Helsing AI last year. The startup just partnered with a European arms manufacturer

Daniel Ek-backed company strikes strategic partnership with Germany-based automotive and arms manufacturer, Rheinmetall

Utopia buys UK physical music distributor Cinram Novum

Utopia says the deal saves the UK company from insolvency and secures 300 jobs

Podcast subscription service Podimo raises $58.7m in fresh funding

Latest raise follows Podimo's $78 million Series B round in November

Niels Walboomers appointed President, Records and Publishing, Benelux at Warner Music Group

Exec succeeds Martin Jessurun who steps down as President of Warner Music Benelux, and Arno Van Berkel, who exits as MD of Warner Chappell Music Benelux

Sir Lucian Grainge on streaming growth, catalog deals and the balance of power between labels vs. DSPs

Universal's Chairman and CEO participated in a Q&A session at the Goldman Sachs Communacopia + Technology Conference