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Creative Industries

Music Deals — Week 5 of 2021

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Independent music company Primary Wave Music has acquired the assets of Sun Records, the iconic Memphis-based label which released the first recordings from Elvis Presley, Johnny Cash, Jerry Lee Lewis, and many others. The deal includes some 6,000 recordings, its logo and brand, according to the New York Times. Seller was Sun Entertainment Corporation, which acquired in 1969 the company from founder Sam Phillips. Terms of the deal were not disclosed, but the NY Times puts it in the region of $3...

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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

Vivendi takes steps to authenticate content produced by its different businesses

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French media and entertainment group Vivendi has unveiled several initiatives "to ensure greater transparency and authenticity of the content produced in the digital ecosystem" and to "certify that it has been produced in whole or in part by a human being or by artificial intelligence."

These initiatives will apply to the creations of Vivendi's various businesses. "The challenge for Vivendi is to use the ongoing developments of Web 3.0 to defend the legitimate interests of all its rights hol...

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Creative Industries

KKR acquires Superstruct Entertainment from Providence Equity Partners

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Investment firm KKR has acquired European live entertainment group Superstruct Entertainment from private equity firm Providence Equity Partners. Financial terms of the transaction were not disclosed. As part of the transaction, Providence has an option to invest €250 million into Superstruct.

KKR is making the investment in Superstruct through its European Fund VI, an $8bn fund that invests in leading businesses. Superstruct, founded in 2017 by CEO Roderik Schlösser, and Chairman James Bar...

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Creative Industries

A2IM and IMPALA launch carbon calculator project in the US with the support of Merlin

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A2IM (USA) and IMPALA (Europe) , two trade associations representing independent music labels are launching, in partnership with Julie's Bicycle, a free one-year pilot project of IMPALA’s Carbon Calculator in the US with the support of licensing agency Merlin.

The Carbon Calculator is designed to help music companies measure and reduce carbon footprints "in as coordinated a way as possible," explained IMPALA. Following the pilot period, the tool is expected to be rolled out in the world's ...

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