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...But we are a long-term investor.” He added: “We make a decent three times our cost of capital in music.”...
...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
...KKR co-financed its $1.1bn music catalogue deal later that year with Dundee Partners, the family office of Stephen Hendel, a former Goldman Sachs partner....
...The business grew from a record shop in the English city of Nottingham into a big ticketing platform for theatre and live music....
...He co-founded the music platform Bonita in 2021 to spotlight a new generation of artists: “We’re trying to create that London Latin sound.”...
...“Every single label that only dealt in pop, rock and urban [music], they’re all diving into the [country] space,” said Cris Lacy, co-president of Warner Music’s Nashville division....
...Having the name of a music act emblazoned across the shirts is a welcome change of pace from the logos of international airlines and betting companies....
...Music publishing assets have this year averaged a price of about 17 times their historic annual income, compared with 20 times in 2019, Dunn said. Even so, some investments are still happening....
...A lot of action — yet lacking the crucial spark of originality. ★★☆☆☆ ‘Liam Gallagher John Squire’ is released by Warner Music...
...In an age when it takes merely a few thousand Shed Heads to send a record to the upper reaches of the top 10, Witter and co are eyeing up their highest-ever chart placing....
...Axel Springer defended the paying of a dividend when deep cuts were taking place in its German media division....
...Additional reporting by Jamie Smyth in New York...
...Job moves JPMorgan Chase has named Carsten Woehrn, who was promoted to co-head of mergers and acquisitions for Europe, the Middle East and Africa earlier this month, to global co-head of M&A for its strategic...
...LL Cool J Presents The Streets Win: 50 Years of Hip-Hop Greatness Through the eyes of two-time Grammy award-winning artist LL Cool J, and co-authored by Vikki Tobak and Alec Banks, this commemorates half...
...The north London side was ahead of many rivals in building a modern arena that helps to diversify its revenues, bringing in star music performers such as Beyoncé as part of a wider events business....
...That makes it worth looking closely at JPMorgan Chase, where longtime chief executive Jamie Dimon gets credit for building up a chunky pipeline of female heavy hitters....
...[MUSIC PLAYING] Microsoft has hired the co-founder of Google’s DeepMind. Mustafa Suleyman will run a new consumer AI division that will bring together products like Bing and Copilot....
...Today, about 60 per cent of BMG’s revenues come from publishing existing music....
...Interconnectivity should stimulate co-operation and understanding, not exacerbate division and isolation....
...BMG, which is a European rival to the US music groups of Universal, Warner and Sony, said that the appointment would bring forward a long-planned change of leadership at the division that had originally...
...It goes (perhaps without saying) that many of these Catos Crogh list their correspondence address as care of Bareham & Co....
...Or, less grandly, is it merely a music-press coinage for a specific period of British indie music in the 1980s? Indeed, prominent figures have rejected the tag....
...you manage a team, a department, a division or a company — you know, your mindset ought to be I’m a trustee of other people’s time....
...It would prove the beginning of a remarkable period that saw Jean-Michel, Larry and I working closely together in Los Angeles alongside a cast who went on to dramatically change the face of music and art...
...The mood music could shift a little after the COP28 climate summit, which is starting tomorrow in Dubai....
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