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From Sony’s record $3.15B quarter to Influence Media’s $600M Anthem deal… it’s MBW’s Weekly Round-Up
The biggest headlines from the past few days... Source...
Warner Chappell boss Guy Moot, the first music publisher to receive the UK’s MITS Award, on A&R, catalog, My Chemical Romance, and the PROs
This coming Monday (November 9), at London’s Grosvenor House Hotel, Guy Moot, Chair and CEO of Warner Chappell Music (WCM), will become the first music publisher to receive the award in its 34-year ...
Rotor Videos opens Artist Unlimited to any artist from $9.99 a month, with unlimited release visuals and a library of 17M+, non-AI-generated clips
The plans give artists unlimited access to Rotor's tools for making visual assets for release campaigns, including music videos, lyric videos, Spotify Canvas, and Apple Music Album Motion. Source...
Enhanced Games owner to acquire 77% of European promoter DEAG in all-stock deal valuing it at $115M
DEAG stages more than 6,000 live events a year Source...
Musixmatch and DistroKid renew lyrics distribution partnership under multi-year deal
Insight Partners, a longtime DistroKid backer, is set to retain a "significant minority stake" in the company, according to the July announcement. Source...
Influence Media Partners completes acquisition of Anthem Entertainment’s catalogs in deal valued at over $600M
The deal was struck in collaboration with funds and accounts managed by BlackRock, as confirmed by an announcement today (November 5) Source...
Kroger asks court to dismiss Sony Music’s social media ads lawsuit, citing Supreme Court’s Cox ruling
The Kroger Co. and 17 affiliated companies filed the motion on Monday (November 2) in the US District Court for the Central District of California. Source...
Joie Manda’s Encore Recordings says it’s betting on the next generation of global stars from Africa and beyond, as Victony’s ‘SLICK’ crosses 130M streams
Los Angeles-headquartered Encore Recordings was launched in November 2021 Source...
Skiddle secures first external investment in 25 years as Soho Square Capital takes minority stake
Skiddle said the investment will support an existing five-year growth plan spanning lifestyle events, technology, marketing, and European expansion. Source...
BTS ‘SWIM’ copyright lawsuit against HYBE dropped by songwriters less than four months after filing
Dismissal comes less than four months after the songwriters filed their complaint on July 8 Source...
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