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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, up 3...

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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).

Copyright & Regulation

WIN calls on EU Commissioner Valdis Dombrovskis to “block” the acquisition of Downtown by Universal Music Group

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Independent music company's global organisation WIN has warned the European Commission that the proposed acquisition of Downtown Music Holdings by Universal Music Group "must be blocked outright" as the merger of the two companies poses "grave risk" to "fair competition" in the music market. EU's competition authorities launched an in-depth investigation into the transaction in July 2025. In November, following an in-depth investigation to assess the potential impact of the transaction, the Comm...

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Creative Industries

Kobalt seals a global publishing partnership with India’s Madverse music

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Music publishing company Kobalt has secured a new publishing partnership with India-based independent distribution and services platform Madverse Music. As per the agreement, Kobalt will provide Madverse’s community of songwriters, composers, and producers with global publishing administration, including royalty collection, enhanced metadata accuracy, and expanded sync opportunities across more than 180 territories.

Pictured (l. to r.): Madverse Music's Rohan Nesho Jain and Kobalt's Simon Moor...

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Creative Industries

Atlantic Screen Group raises up to $30m in funding from Corrum Capital

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Atlantic Screen Group (ASG) has secured up to $30 million in funding from private investment firm Corrum Capital. ASG said the investment will enable the London-based company "to continue its strategic acquisition of film and television scores, while also providing additional capital for the acquisition of new music publishing catalogues." “Atlantic Screen Group has built an exceptional track record in acquiring and managing high-quality music and film assets. We’re proud to support their conti...

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