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Creative Industries

Queen’s publishing and recording catalogues could sell for $1bn — report

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Universal Music Group is on course to acquire the recording and publishing catalogues of British band Queen for $1 billion, according to a report from CNN. Citing a source familiar with the music acquisition, CNN said that discussions are “well underway” for Universal Music Group to acquire Queen’s catalogues. The source also added that the sale could exceed $1 billion and that the deal is “expected to close within one month.” However, MBW said several suitors are considering an acquisition, 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

Warner Music Korea promotes Chief Financial Officer Jieun Kim to President

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Warner Music Group (WMG) has appointed Jieun Kim to the position of President of Warner Music Korea. Based in Seoul, Kim reports directly to Lo-Ting Fai, known as Lofai, President, Warner Music APAC. In her new role, she will "spearhead the company’s operations and strategic expansion within the world’s seventh-largest recorded music market." She will also further integrate Warner Music Korea "with WMG’s enhanced regional APAC infrastructure and global specialist network to amplify Korean tal...

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Singapore Tourism Board and Universal Music Singapore sign three-year deal to raise the country’s profile through music

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The Singapore Tourism Board (STB) and Universal Music Singapore (UMSG), a division of Universal Music Group, have signed a Memorandum of Understanding (MoU) to "use the power of music to raise Singapore’s profile and inspire travel to the country." The three-year partnership will see STB and UMSG "highlight the story of Singapore through music via integrated marketing campaigns, fan activations, and travel partner collaborations, while elevating the city’s position as a must-visit travel destin...

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Reservoir Media signs songwriter-producer Adam Kapit to a global publishing deal

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Independent music company Reservoir Media has signed a new publishing agreement with songwriter and producer Adam Kapit, in a deal that includes his future works. Reservoir had previously established a partnership with Kapit through its joint venture with RYKA, owned and operated by Kapit and his manager Ryan Cassasa, to sign and develop songwriters. "With his deep knowledge of contemporary pop production and international music trends, Kapit continues to be a key contributor to the expanding g...

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