The German-owned publisher and label reported its 2022 revenues rose nearly 31% to 866 million euros ($912.6 million).
The celebrate the deal, the Beatle's classic albums will be available in Dolby Atmos sound exclusively on Apple Music.
Catalog tunes like Montell Jordan’s “This Is How We Do It,” DMX’s “What’s My Name” and Supergrass’ “Alright” are setting an upbeat tone this year.
Also this week: Warner Music Taiwan and Sony Music India board new managing directors and more.
The Berlin-based label signed Freeze Corleone knowing UMG had dropped him, making a deal with him to keep it hidden.
The transition at the fourth biggest music company will take place on Jan. 1, 2024.
Hahr will oversee day-to-day operations of BMG Recorded Music in Nashville, including BBR Label Group and its roster and imprints.
The deal includes the entirety of the iconic singer-guitarist's work, dating back to the late 1960s.
The sale includes Nilsson's publishing catalog as well as artist and writer revenue streams of hits like "Without You," "Coconut" and "Everybody's Talkin'".
The "Without Me" and "Closer" singer-songwriter was previously signed to UMPG.
