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Primary Wave Music acquires Tom Whitlock’s publishing interests

Published

6 months ago

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Primary Wave Music has acquired the music publishing interests of Academy Award-winning songwriter Thomas Ross “Tom” Whitlock, co-writer with Giorgio Moroder of 'Top Gun' anthem 'Take My Brest Away', in what is described as a "multi-million-dollar deal."

The catalogue-wide deal includes 'Top Gun''s other hit song 'Danger Zone', which is enjoying a renaissance since it is feature in the 2022 movie 'Top Gun: Maverick. Once again “Danger Zone'. The deal also includes 'Meet Me Halfway', 'Hand I...

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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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Creative Industries

Universal Music Group takes a 49% share in indie music company [PIAS]

Published

52 mins ago

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November 30, 2022

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Universal Music Group (UMG) has acquired a 49% stake in Brussels-based independent music company [PIAS]. Terms of the transaction were not disclosed.

The announcement follows the formation of the strategic global alliance between the two companies in June 2021. In a statement, the companies said that under the new agreement [PIAS] will remain "fully independent" and its founders Kenny Gates and Michel Lambot will "retain majority control of the company. In addition, UMG will not have seats ...

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Creative Industries

British industry reacts to CMA’s report on the economy of music streaming

Published

13 hours ago

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November 29, 2022

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Different segments of the British music industry have reacted to the decision from the Competition & Markets Authority to abstain from moving into a full investigation into the economics of music streaming.

The CMA found that the market worked for consumers, but did acknowledge that there were issues related to the sharing of value from music streaming, which should be addressed by policy-makers.

Here's an overview of the comments:

Paul Pacifico, CEO of the Association of Independe...

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Creative Industries

Reservoir Media joins the ICMP board

Published

15 hours ago

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November 29, 2022

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NASDAQ-listed independent music company Reservoir Media has joined the board of ICMP, the global trade body representing the music publishing industry.

Reservoir Media's President and Chief Operating Officer Rell Lafargue will join the ICMP board, chaired by Universal Music Publishing's Jackie Alway. Reservoir was founded in 2007 and represents over 140,000 copyrights and 36,000 master recordings.

“ICMP is delighted to welcome Reservoir President and COO Rell Lafargue to our Board. ...

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