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Creative Industries

Primary Wave Music inks strategic deal with Oaktree Capital Management

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By Emmanuel Legrand New York-based music company Primary Wave Music has inked a "strategic relationship" with funds managed by asset management firm Oaktree Capital Management, with the latter pledging to invest up to $375 million into Primary Wave Music in exchange for a minority interest in the music company. Oaktree said that the investment will "help strengthen Primary Wave's financial positioning as an asset manager of iconic music and this substantial funding will add to Primary Wave's ...

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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

MusicBird acquires the publishing catalogue of R&B duo Majid Jordan

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Boutique music rights company MusicBird has acquired the publishing catalogue of Toronto-based artist and production R&B duo Majid Jordan. Financial terms of the deal were not disclosed. The deal includes the publishers' and writers' shares of their catalogue, including their records 'Her', 'Gave Your Love Away', and 'Stars Align', as well as co-writes for other artists such as 'Hold On, We're Going Home' by Drake and 'For Free' by DJ Khaled, as well as songs for and with Beyoncé, Justin Bie...

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Creative Industries

Gary Barlow signs exclusive global publishing agreement with BMG

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British songwriter and performer Gary Barlow has signed an exclusive global publishing deal with BMG covering his entire song catalogue, both past and future. The deal includes songs such as 'Back for Good', 'Never Forget', 'A Million Love Songs', 'Patience', and 'Greatest Day', as well as tracks co-written for and with artists including Shirley Bassey, Elton John and Robbie Williams.

Pictured (l. to r.): Elisa Kustow, Executive Assistant to Gary Barlow; Emma Powell, Artist & Operations Ma...

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Creative Industries

Universal Music France’s CFO Patrick Picaud promoted to Chief Operating Officer

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Patrick Picaud has been promoted to Chief Operating Officer (COO) of Universal Music Group France. Based in Paris, he reports to UMG France CEO Olivier Nusse. Picaud joined UMG in 2002 as controller. After a stint as Director of Royalties and Copyright and Chief Administrative and Financial Officer, he was named Executive Vice President and Chief Financial Officer in 2016. He has been a member of the company's Executive Board since 2016. "I will put all my energy and passion into ensuring the ...

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