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...“Music investments go through cycles,” Rabe said, pointing to investors’ cooling interest in music rights because of rising interest rates....
...written or co-written by one of its songwriters....
...They added that the firm was not actively looking to exit Chord but UMG’s interest presented an exceptional opportunity to realise the value of KKR’s investment....
...An EV/sales multiple comparison paints the offer less generously, at about 1.4 times versus 4.5 times for UMG and 3.4 times for Warner Music....
...UMG’s market capitalisation stands at €47bn. A planned break-up represents a new phase in Bolloré’s efforts to reshape his family’s holdings....
...The beginning of this year’s email resembled previous iterations, listing examples of UMG’s utter dominance of the music charts....
...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.”...
...Formerly bassist and co-vocalist in Sonic Youth, she has revived the antagonistic spirit of no wave in her own albums....
...“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....
...The announcement comes two years after Vivendi spun out Universal Music Group in a blockbuster initial public offering that handed 60 per cent of the share capital to its shareholders....
...The French co-operative, which counts KKR as a co-investor, acquired Malteries Soufflet in 2021. The UMG deal will propel InVivo to the number one place in global malting ahead of Boortmalt....
...‘Cartoon Sun’ premieres on April 6, halle.co.uk Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe to our podcast Life and Art wherever you listen...
.... ★★★★☆ vortexjazz.co.uk...
...It is the lead investor and co-producer behind the Abba Voyage virtual concert. Pophouse has also acquired Cyndi Lauper’s music catalogue....
...Dre co-founded the gangsta rap group NWA and was a leading architect of the West Coast sound as a Grammy-winning solo artist and producer....
.... ★★★★★ vortexjazz.co.uk...
...UMG says it has “a moral and commercial responsibility to our artists to work to prevent the unauthorised use of their music”, which on principle is fair enough....
...The Co-op Live has been designed primarily for music....
...Discussions between Google and UMG are at an early stage and no product launch is imminent....
...“We’re across the board down 10-15 per cent,” said Will Greenham, co-owner of the venue....
...On the first night of Italian music festival Sanremo, co-host and singer Marco Mengoni walked the stage in six different looks, including a see-through, floral embroidered top by Valentino and a Fendi leather...
...But it really did. ★★★★★ lso.co.uk English music is also to the fore at the London Philharmonic Orchestra with Edward Gardner as principal conductor....
...Twice in two days I heard the music of Scottish folk band Talisk....
...“They’ve got both finesse and grit whilst screaming diversity and openness,” says Tommy Fish, the club’s co-founder, of Kennard and Milton....
...As co-owner and founder of Bush Hall, an independent music venue in London, I was simultaneously intrigued and saddened by Ludovic Hunter-Tilney’s Weekend Essay “The age of the stage” (Life & Arts, FT Weekend...
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