The proposed acquisition of Warner Bros. Discovery by Paramount Skydance has received the green light from the Antitrust Division of the US Department of Justice, following an investigation into the deal. The Division has determined, based on the evidence received in its investigation, that the transaction "is not likely to result in harm to competition or American consumers, including with respect to: (1) streaming video on demand (“SVOD”); (2) linear television; and (3) studio development, pro...

Independent music company Position Music has signed songwriter and producer Ashley Fulton to a worldwide publishing deal. Fulton is known as the LA-based artist and multi-instrumentalist y3kfae. Fulto is trained in jazz, classical, composition, and music theory, graduating first in her class from USC Thornton’s undergraduate programme in music production. “It’s not every day you get to join a new family, and it’s so clear from getting to know Jake and Shannon that I’m in innovative, supportive...

Germany's competition regulator Bundeskartellamt has cleared the merger of Bertelsmann's music division BMG with Great Mountain Partners-backed music company Concord. The authority ruled that despite being of a significant scale, the merged company will face competition from even larger companies. In its assessment the authority said it took particular account of "the growing importance of the catalogue business, which is expanding especially due to the new digital distribution channels associat...