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Creative Industries

Bill Ackman will not use a SPAC to acquire 10% of Universal Music Group from Vivendi

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Billionaire investor Bill Ackman's plans to acquire 10% of Universal Music Group from parent Vivendi through a special purpose acquisition company (SPAC) had to change following reservations expressed by the USA's Securities and Exchange Commission.

  Ackman's Pershing Square Tontine Holdings (PSTH) issued a letter to shareholders informing them that the board of directors "unanimously determined not to proceed with the Universal Music G...

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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).

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Warner Chappell Music re-ups with ICE

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Warner Chappell Music (WCM) has renewed and expanded its partnership with digital licensing hub ICE. As part of the new agreement, WCM will move all online processing from other European digital licensing administration partners to ICE.

WCM disclosed that the decision follows "a thorough 10-month review, assessing both existing providers and new entrants to the market to identify the solution that will best serve WCM’s songwriters, composers and producers."

Warner Chappell Music's Guy Mo...

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Creative Industries

Sony Music Publishing Nashville and Verse 2 Music renew global publishing agreement with Josh Hoge

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Sony Music Publishing Nashville and Verse 2 Music have renewed their global publishing deal with singer and songwriter Josh Hoge.

“I’m very thankful to be continuing this journey with Kent, Kane, Rusty and the SMP/Verse 2 family!" said Hoge. "I’ve always been a writer that’s loved when I’ve been able to be exactly who I am and create exactly the way I want, and Kent and team have always let me be myself, which I think that’s a big reason to our success together. It truly is and feels like a...

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Creative Industries

Jensen Communications appointed Leo Lavoro as SVP, Publicity and Media Strategy

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Media, marketing and management firm Jensen Communications has appointed music industry veteran Leo Lavoro as SVP, Publicity and Media Strategy.

In his new role, Lavoro will provide "strategic direction for the company’s roster of clients in the areas of PR, marketing and brand building." He reports to Michael Jensen, President and Founder of Jensen Communications. “

I am incredibly thrilled and honored to announce Leo Lavoro as Senior Vice President of Jensen Communications,” said Je...

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