Independent publisher and music assets management firm Primary Wave Music has sealed a partnership with songwriter and performer Pete Townshend, co-founder of rock band The Who, in a deal that will see Primary Wave partner with Townshend on the exploitation of his name, image, and likeness and the development and exploitation of future creative projects. Terms of the agreement were not disclosed. Primary Wave’s CEO & Founder Larry Mestel said, “Pete Townshend is one of the greatest and most ...

BMG has acquired publishing interests in the catalogue of Australian rock band Jet, in a transaction that covers the publishing interests of three of the four original Jet members, including Nic Cester, Cam Muncey and Mark Wilson. Terms of the agreement were not disclosed. BMG said the acquisition builds on the company's long-term publishing relationship with the band and follows the purchase of their recordings catalogue in 2023. Cester, co-founder and frontman of Jet, said: “We’ve loved worki...

BMG and Concord have announced that Björn Bauer will serve as Chief Financial Officer of the combined company, effective upon closing of the transaction. Bauer will be based in Nashville and reporting to designated CEO Bob Valentine, current CEO of Concord. Bauer will join from entertainment company RTL Group, which is majority-owned by Bertelsmann. At RTL Group, he currently serves as an Executive Director and member of the Executive Committee, and has been Chief Financial Officer since 2019. I...