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Creative Industries

New Mountain Capital sells financial advisory services company Citrin Cooperman Advisors to Blackstone

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Asset management firm Blackstone has acquired the majority share held by private equity firm New Mountain Capital in Citrin Cooperman Advisors, a tax and financial advisory company, which has worked on the valuation of hundreds of music catalogues' transactions. Terms of the acquisition were not disclosed. According to the Financial Times, the transaction values Citrin Cooperman at more then $2 billion. Citrin Cooperman, founded in 1979, has advised more than 15,000 clients globally through its...

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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

Seeker Music acquires Nu Shooz’s recordings and publishing catalogues

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Independent music company Seeker Music has acquired the recordings and publishing catalogues of ‘80s synthpop group Nu Shooz, in an agreement with the band's John Smith and Valerie Day. Terms of the agreement were not disclosed. The band was formed in Portland, Oregon, by guitarist John Smith and vocalist and percussionist Valerie Day. The catalogue includes their 1986 album 'Poolside', and global breakout song 'I Can’t Wait'. Seeker said plans to celebrate the song's 40th anniversary this year...

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Creative Industries

Warner Music Central Europe and Spinnin’ Records launch German imprint

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Warner Music Central Europe and dance and electronic music label Spinnin’ Records are launching Spinnin’ Records Germany, a new Berlin-based label dedicated to the signing of artists across Germany, Switzerland, and Austria (GSA) and from around the world. "With a strong focus on A&R and artist development, complemented by tailored marketing and distribution strategies that connect talent signed out of GSA with global opportunities, the launch reinforces Warner Music Central Europe’s commit...

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Creative Industries

Dynamite Songs names Claudia Namukasa as Catalogue Manager and Charlotte Hancock as Rights Acquisition Manager

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Music publishing company Dynamite Songs has appointed Claudia Namukasa as Catalogue Manager and Charlotte Hancock as Rights Acquisition Manager. The two appointments expand "the company’s rights management capabilities and further strengthening the analytical foundation underpinning its acquisition programme." Namukasa joins from UK rights society PRS for Music where she worked as a Music Licensing Consultant. Hancock comes from Warner Music Group's publishing division Warner Chappell Music wher...

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