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Creative Industries

Believe forecasts 2022 full-year revenue to grow over 30% year-on-year

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Believe has posted impressive revenue growth during the third quarter of 2022 to €197 million, up 36.9% year-over-year, prompting the Paris-listed independent music company to review its full-year forecast.

Believe now anticipates organic growth in excess of 30% for FY 2022. For the first nine months of the year, the company's revenue posted a 35.9% growth rate to €549.2m. The bulk of the revenue for the first nine months of 2022 came from the company's Premium Solutions division — €549.2m, ...

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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).

Collective Management Organisations

ADAMI warns about the potential impact on creators if extreme right parties win the French Parliamentary elections

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French neighbouring rights society for performers ADAMI said it will remain "vigilant to defend the interests and rights of performing artists" in the context of the snap Parliamentary elections decided by President Emmanuel Macron following European elections that saw far right parties with nearly 40% of the votes.

ADAMI said in a statement that the dissolution of the National Assembly and the June 30-July 7 elections (French elections are in two rounds) could give the far right party Rass...

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Creative Industries

Concord Music Publishing ANZ signs global publishing deal with John Butler

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Melbourne-based Concord Music Publishing ANZ has signed Australian songwriter John Butler to a new global publishing agreement. The deal, which excludes Japan, covers Butler’s full catalogue including songs such as ‘Better Than’, ‘Zebra’ and ‘Ocean’.

“I am very pleased to be joining the Concord Music Publishing family," said Butler. "It is exciting to be working closely with a team based out of Australia and being reconnected with people who I have worked with in previous years and feel as ...

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Creative Industries

Downtown Music appoints Molly Neuman as the new President of CD Baby

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Molly Neuman has been appointed President of Downtown Music's Direct-to-Creator division CD Baby. She succeeds the online distributor of independent music’s previous President, Scott Williams, who will remain on as a consultant to Downtown and CD Baby.

The company said the appointment of Neuman — who will oversee both of Downtown’s Direct-to-Creator brands, CD Baby and Soundrop — "solidifies Downtown's commitment to empowering independent artists globally." Neuman joins CD Baby from Downtown...

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