Latest posts
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Steve Lamacq Takes on New Role at Chrysalis Records and Blue Raincoat Music
Steve Lamacq has joined Chrysalis Records and Blue Raincoat Music to spearhead new music and talent development. In a significant move for the music industry, renowned radio presenter and music curator Steve Lamacq has officially joined Chrysalis Records and Blue Raincoat Music. His new role will see him collaborating closely with both companies’ A&R, management,…
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Sia’s Music Catalog Partially Sold in Major Deal
In a significant move for her career, Sia has sold 50% of her music catalog to Pophouse for $180 million. Pophouse, the company behind the acquisition, announced that it has secured Sia’s publishing and master music rights. This deal suggests a total valuation of approximately $360 million for her entire catalog, highlighting the immense value…
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Frank Briegmann Takes the Helm as Chairman & CEO of Universal Music in Europe and Beyond
Frank Briegmann has been elevated to the position of Chairman and CEO of Universal Music for Europe, Australia, New Zealand, Canada, and Deutsche Grammophon. In a significant move for the music industry, Frank Briegmann has been promoted to Chairman and CEO of Universal Music for Europe, Australia, New Zealand, Canada, and Deutsche Grammophon. This appointment…
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ElevenLabs Achieves $22 Billion Valuation, Outpacing AI Music Competitor Suno
ElevenLabs has reached a significant milestone with its valuation now standing at $22 billion, surpassing its AI music rival Suno. In a recent development, ElevenLabs completed a USD $300 million employee tender offer, which has contributed to its impressive valuation. This marks a doubling of its worth, highlighting the company’s rapid growth in the AI…
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Willard Ahdritz Launches New Venture After Kobalt Departure
Willard Ahdritz has officially launched Ahdritz Capital Partners, marking a new chapter in his career just months after leaving Kobalt. In a significant move within the music industry, Willard Ahdritz, the founder of Kobalt, has announced the launch of his new firm, Ahdritz Capital Partners. This development comes less than three months after his exit…
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New Partnership Aims to Revolutionize K-Pop Artist IP Management
In a groundbreaking move, Soneium collaborates with DayOneDream to enhance K-Pop artist intellectual property through blockchain technology. Soneium, a blockchain platform backed by Sony, has announced a strategic partnership with DayOneDream, the agency responsible for popular K-Pop groups like BTOB and solo artist Lee Chae Yeon. This collaboration aims to tokenize artist intellectual property (IP)…