SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Creative Industries

China’s Tencent and various investors acquire 10% of Universal Music Group

Published

on

By Emmanuel Legrand
A consortium of investors - led by Tencent Holdings, parent company to Tencent Music Entertainment Group (TME), operator of China's leading music streaming services - will acquire a 10% share in Universal Music Goup from parent company Vivendi, at a company valuation of EUR30 billion ($34 billion).
The agreement also offers the consortium to purchase an additional 10% equity stake in UMG at the same enterprise value before Jan. 15, 2021. In addition, Tencent Music Entertain...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Sony Music Publishing Nashville and Tooth & Nail Publishing sign Max McNown to a global publishing agreement

Published

on

Sony Music Publishing Nashville has signed Nashville-based rising artist and songwriter Max McNown to a worldwide publishing deal in partnership with Tooth & Nail Publishing.
McNown's breakout single 'A Lot More Free' became a viral success, and was followed by the albums 'Wandering' (2024) and 'Night Diving' (2025), released through Fugitive Recordings, The Orchard and Columbia Records, featuring tracks such as 'Better Me for You (Brown Eyes)', as well as collaborations like 'Turned Into M...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Craig Kallman promoted to the position of Chief Music Officer at Warner Music Group

Published

on

Warner Music Group has elevated music executive Craig Kallman to the new position of Chief Music Officer for the company. Based in New York, Kallman will report directly to WMG’s CEO Robert Kyncl.
Kallman was Chairman and CEO of Atlantic Records, where he spent the past 35 years, before becoming Chief Music Officer of Atlantic Music Group in October 2024. In this new role, Kallman will "provide his deep A&R expertise across WMG’s artist roster and label group globally," according to a statem...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

peermusic signs Terrace Martin to global publishing administration and neighbouring rights agreements

Published

on

PeerMusic Web Logo

Independent music publishing and neighbouring rights company peermusic has signed producer, musician and multi-instrumentalist Terrace Martin to a worldwide publishing administration deal. In addition, peermusic will also represent Martin for global neighbouring rights collections.
Raised in Los Angeles, Martin has accumulated 17 billion streams and 16 million album sales during his career so far. His recent work includes two full-length releases — 'Albion Files' and 'Come As You Are', a collabo...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending