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Creative Industries

One Media iP acquires the licensor’s income share of the Entertain Me catalogue

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One Media iP — a music asset management company listed on the AIM Market of the London Stock Exchange — has acquired the licensor's income share of the Entertain Me catalogue of rights including songs by Gloria Gaynor, The Drifters, Louis Armstrong, Don Williams and James Brown.

The transaction was funded through existing cash resource and was completed "at an advantageous earnings multiple," said One Media. The catalogue includes more than 15,000 tracks from the 1940s to the 1970s , with th...

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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).

Creative Industries

International Music Council taps Sheila Woodward as its new President

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The members of the International Music Council gathered in Rabat (Morocco) for the organisation’s 40th General Assembly and elected a new leadership. It also adopted an ambitious work plan for the next two years.

Sheila Woodward (South Africa/USA) was elected President, taking over from Swedish composer Alfons Karabuda, who had been President since 2019. "Throughout the past four years, Dr. Woodward has served as Executive Vice-President and has been a driving force within IMC’s Executive B...

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Creative Industries

ONErpm launches SAAS platform Enterprise Solutions and a digital distribution service

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Independent music company ONErpm, has launched two new entities — ONErpm Enterprise Solutions, is a Software as a Service (SAAS) platform; and OFFstep.com, a music distribution unit for independent artists.

Te addition of these two new divisions brings brings to five the total number of companies under ONErpm’s umbrella. Enterprise Solutions adapts ONErpm’s proprietary Content Management System (CMS) to cater "to the unique needs of record labels and content owners seeking to grow more e...

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Creative Industries

Music deals — Week 46, 2023

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Here are some of the music deals announced in the past week:

Private equity firm New Mountain Capital is leading a group of investors to acquire US rights society Broadcast Music, Inc. (BMI). Terms of the deal were not disclosed. The transaction is expected to close in the first quarter of 2024, “subject to approval by BMI shareholders and customary regulatory approvals.” New Mountain said it will acquire the company from current BMI’s shareholders who own BMI today — BMI was created in 1...

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