Sony Music has appointed Janus Barnewitz as the new Managing Director of its affiliate in Denmark to succeed Henrik Daldorph who will leave the company after more than 20 years at the helm. The appointment coincides with the full acquisition by Sony Music of Copenhagen‑based label One Seven Music, including its publishing arm. Terms of the agreement were not disclosed. The company was founded in 2018 by Barnewitz and Morten Vilhelm with a focus on the electronic and dance music genres. Barnewitz...

IDOL has signed British labels Lex Records and Tru Thoughts Records to global distribution deals, signed through the French independent distributor's London office. “At IDOL, we are always looking for the very best labels in their respective fields, and we’ve found exactly that in Lex Records and Tru Thoughts," said IDOL UK General Manager Roo Currier. "Both labels’ catalogues are increasingly difficult to define stylistically, but are synonymous with quality. We’re delighted to welcome them to ...

Independent publisher and music assets management company Primary Wave Music has disclosed that it has reached a definitive agreement to acquire Kobalt, the independent music publishing and music technology platform launched 25 years ago by Swedish entrepreneur Willard Ahdritz. The deal encompasses Kobalt’s worldwide operations, its catalogue of owned copyrights, and its digital collection operation amra.

The transaction, the financial details of which have not been disclosed, is subject to ...