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Creative Industries

Edgar Bronfman Jr. pulls out from Paramount Global’s acquisition bid

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Former Warner Music Group CEO Edgar Bronfman Jr. has withdrawn his $6 billion proposal to acquire National Amusements, the controlling company of Paramount Global, owned by Shari Redstone.
Bronfman made a last minute proposal at $4.3bn, which included $2.4bn in debt and equity for National Amusements and a $1.5bn contribution to Paramount’s balance sheet. He then increased his offer to $6bn. “Tonight, our bidding group informed the special committee that we will be exiting the go-shop process,"...

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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

Warner Chappell Music Nashville renews global publishing deal with Parker McCollum

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Warner Chappell Music Nashville has renewed its global publishing agreement with country music songwriter and performer Parker McCollum. Known for his songs 'Pretty Little Heart' and 'Burn It Down', McCollum released this year his fifth, self-titled album on UMG Nashville, recorded with producers Frank Liddell and Eric Masse.
McCollum said: “Writing songs is where I’m myself the most. I’m a songwriter first, and getting to do what I love, alongside a team that has fully supported my journey sin...

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Creative Industries

Believe launches Believe Music Publishing led by Sentric founder Chris Meehan

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Paris-based independent music company Believe is formally launching Believe Music Publishing, a new unit combining music publishing assets previously owned by Believe and the catalogue and infrastructure of Sentric, the music publishing company acquired from Utopia in 2023, and offering "a fair and transparent approach."
The new division will be led by Chris Meehan as CEO of Publishing, with the mission of "building the company’s global publishing foundations and establishing Believe Music Publi...

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Creative Industries

Philippe Kern retires from culture and creative industries’ consultancy firm KEA

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Philippe Kern, the Managing Director of Brussels-based consultancy firm KEA, is retiring from the company he founded 26 years ago. KEA is specialised in providing policy advice in the culture and creative industries sectors as well as sport, education and youth. KEA also advises local authorities, governments and companies on culture investment.
"Philippe’s visionary leadership has been instrumental in positioning KEA as a unique and influential voice in European cultural affairs by bridging pol...

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