The genre’s musical and cultural impact will be saluted by sister brands BET, CBS, Showtime, MTV, Paramount+ — including a special performance at the Grammys.
The accelerator program will spotlight six to 12 artists over the next year via focused programming on SiriusXM and Pandora stations and playlists.
Recorded music revenues grew 46.6% to 135.1 billion won from July through September.
Liberty Media CEO Greg Maffei said his company looked at around 140 companies in all as potential media or entertainment acquisitions, but saw no target worth pursuing.
Despite economic headwinds, reports from UMG, Spotify, Live Nation and more point to continued strength in the sector heading into 2023.
The Recording Academy, Fender and more celebrate the successful measure, which will provide nearly $1 billion to music and arts funding to the state's public school students.
The company completed its acquisition of OpenBet in the quarter, paving the way for a new sports betting segment.
Also this week: Universal Music Canada taps a vp of Black music, ASM Global brings in a president of business development and more.
Inflation is still high historically, but encouraging news on the U.S. consumer price index rallied stocks on Thursday.
Also this week: Sony Music Masterworks makes a majority investment in Dubai concert promotion company MAC Global, BMAC teams with Jam & Lewis for a grant program & more.
