Independent music company Concord has made a strategic investment in Giant Music, the record label founded by The Azoff Company. Financial details of the agreement were not disclosed.

As part of the partnership, Concord will provide Giant Music with global distribution via Stem. the company led by Kristin Graziani and Milana Lewis, acquired by Concord in 2025. The label will continue to operate independently while benefiting from Concord’s investment and Stem’s global infrastructure. Concord...

The European Commission is likely to clear the $775 million acquisition of Downtown Music Holdings by Universal Music Group after UMG offered remedies, according to a report from Reuters, citing "people with direct knowledge of the matter." Reuters said the Commission's competition division "signaled acceptance" of UMG's offer to sell royalty services platform Curve to address the Commission's concerns. According to the report, regulators have not demanded further concessions. The deadline for t...

BMG has named Jasper Niebuhr as the company's new Managing Director, GSA, effective February 1, 2026. Niebuhr will lead BMG's integrated recorded music and music publishing operations across Germany, Switzerland, and Austria.  Based in Berlin, he reports to Alistair Norbury, President, UK, APAC & EU. In his new role, Niebuhr will focus on "accelerating BMG's strategic objectives in the critical GSA market, the company's third largest globally after the US and UK." Niebuhr joins BMG with over...