Music Business News: United Kingdom

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

Rich Castillo exits Warner’s Atlantic Records UK for senior A&R role at Universal’s EMI Records

Rich Castillo joined Atlantic Records UK as A&R Director in May 2020

YolanDa Brown named Chair of the BPI

Brown takes over the role from film producer and ex-head of Sony Music UK Ged Doherty

What will music streaming services look like in a Web3 world?

A panel of experts explore the topic of Web3 Music Services

Heather Swaine joins Kartel Music Group as Managing Director, Agency

The hire marks an expansion of Kartel's marketing and media promotions agency

Three Six Zero acquires London’s SARM Studios from producer Trevor Horn

Studio complex will serve as the new base for Three Six Zero Recordings

Zeon Richards exits Head of Partnerships role at Pollen, as firm reveals that it now ‘prioritizes profits over growth’

Company recently raised $150m in a Series C round

With $53m in annual revenues last year, Queen is still riding high from Bohemian Rhapsody (the movie)

MBW digs through the band's UK filings... and they're doing very nicely