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Creative Industries

Bella Figura Music closes equity funding round led by Freshstream

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Independent music company Bella Figura Music (BFM), co-founded in 2022 by Alexi Cory-Smith and Neelesh Prabhu, has closed "a significant equity funding round" led by private equity firm Freshstream, with co-investment secured from a consortium of leading institutional investors including the Canadian pension fund OPTrust, a strategic family office and a Dutch private equity investor.
The London-based music company said the the finds raised — the amount of which has not been disclosed — will be ...

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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

Universal Music Group offered remedy to alleviate European Commission’s concerns over the acquisition of Downtown Music

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Universal Music Group has addressed concerns regarding the proposed $775 million acquisition of independent music company Downtown Music by offering an unspecified remedy to the European Commission.
UMG said the remedy proposal followed "constructive conversations" with the Commission. "We have submitted a robust remedy that comprehensively addresses the Commission's only remaining concern," said UMG in a statement. "This deal is about offering independent music entrepreneurs access to world-cl...

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Creative Industries

Believe Music Publishing join ICMP’s worldwide membership

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ICMP, the global trade body representing the global music publishing industry, has welcomed Believe Music Publishing, an affiliate of Paris-based music company Believe, to its global membership.
Believe has joined ICMP’s Professional Membership category of shortlisted companies around the world. The membership gives Believe access to and engagement with ICMP’s advocacy, data, legal and anti-piracy work. ICMP and Believe said they will be working "to optimise the business and legal environment f...

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Creative Industries

Sony Music Publishing signs global publishing deal with BigXthaPlug

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Sony Music Publishing has signed a worldwide publishing agreement with award-winning, multi-platinum selling breakout star BigXthaPlug, a.k.a. Xavier Landum.
Originating from Texas, BigXthaPlug covers multiple genres, from rap and hip-hop to country. His catalogue includes albums like 'Amar' (2023) and 'Take Care' (2024), and songs like 'Texas', 'Mmhmm', 'Levels' and 'The Largest'. His latest album 'I Hope You're Happy' (UnitedMasters), features collaborations with country artists like Luke Com...

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