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Creative Industries

BMG and KKR join forces with the ambition to be leading acquirers of music rights

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By Emmanuel Legrand

Bertelsmann-owned music company BMG and global investment firm KKR have joined forces for the acquisition of music (publishing and recording) catalogues and other music rights.

"BMG and KKR can jointly pursue opportunities for acquisitions of major catalogues of music rights from now on," said Bertelsmann Chairman & CEO Thomas Rabe. "Together with KKR, we are ideally positioned to make attractive offers to rights owners."

The two partners did not disclose how much ...

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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

Notting Hill Music signs drum & bass artist Sota to a global publishing deal

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British independent music publishing company Notting Hill Music has signed Tom Southon, the up-and-coming drum & bass artist known as Sota, to a global publishing agreement that covers his catalogue and future works worldwide. Notting Hill Music said the new deal will see the company focus on "developing Sota’s catalogue globally, expanding songwriting opportunities and supporting the continued growth of the project as it enters its next phase." Notting Hill Music will work closely with Sot...

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Creative Industries

Symphonic expands by offering tailored financial solutions and access to capital to artists, managers, labels and rights holders

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Independent distribution and services company Symphonic has launched Symphonic NEXT, a new initiative to provide clients with tailored financial solutions, including flexible royalty advances, partial or full catalogue sales, strategic partnerships, and long-term distribution support. As part of the initiative, Tampa, Florida-based Symphonic will work closely with artists, managers, labels, and other rights holders "to evaluate their catalogues, identify opportunities to enhance value, and dete...

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Creative Industries

British law firm Sound Advice has promoted Alex Meikeljohn to Partner

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London-based music law firm Sound Advice has elevated Alex Meikeljohn to Partner. Meikeljohn joined the firm as a Paralegal in June 2019 and served most recently as Solicitor. Sound Advice Owner and Partner Robert Horsfall commented: "Alex, you joined us as a Paralegal in June 2019, then moved into a Training Contract and now you get the promotion your personality, work ethic and intelligence have always deserved. Congratulations. It’s a pleasure watching you flourish. Carpe Diem!" Meikeljohn ad...

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