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...

Universal Music Group has confirmed that its Board of Directors has received "an unsolicited and non-binding proposal" from Pershing Square Capital Management, L.P. to acquire the company for €56 billion in cash and stock. "The Board of Directors, together with its advisors, will review the proposal in accordance with its fiduciary duties and analyse its implications for shareholders, employees, artists, songwriters and other stakeholders," said UMG in a statement. The statement continued: "The...

Private equity platform and music publishing company Round Hill Music has appointed Chad Doerge as President and Deputy Chief Executive Officer. Doerge joins from AI-powered financial intelligence platform Aiera where he served as President and Chief Revenue Officer. Doerge will be working in close partnership with Round Hill CEO Josh Gruss, who founded the company in 2010. He will join the company’s executive management, investment and valuation committees, and will "oversee key operational are...