Music Business News: Canada

Blackstone is buying eOne Music from Hasbro in $385m cash deal

Chris Taylor to run eOne Music as a standalone company under Blackstone ownership

Kardinal Offishall appointed Senior Vice President, A&R at Universal Music Canada

Artist and exec works closely with the company’s Urban Marketing team led by industry veteran Craig 'Big C' Mannix

Why we believe streaming subscription ARPU fell by around 8% globally for the record industry last year

MBW runs the numbers from the IFPI's must-read new Global Music Report covering 2020

Global recorded music revenues grew 7.4% to $21.6bn in 2020, in spite of the pandemic

Paid subscription streaming revenues increased by 18.5% last year

BTS were the world’s biggest-selling recording artist last year. But for the first time ever, no British acts made the Top 10.

Universal Music Group acts claimed nine (and a bit) in the IFPI's Top 10 chart

Canada’s Anthem Entertainment ups spending power by $550m with new credit facility

As the Ontario Teachers’ Pension Plan increases its equity investment in company

Canadian music fund aiming to spend $200m launches, led by Michael McCarty

Fund is specifically looking to buy music rights created in Canada

Craig ‘Big C’ Mannix appointed Sr. Director, Urban Marketing at Universal Music Canada

Mannix is the first new hire focused on urban marketing for UMC’s domestically signed urban repertoire