Following ownership moves at BMI and GMR, SESAC is the latest performance rights organization to receive interest from financial investors as the sector heats up.
Female artists spent 34 weeks at No. 1 on the UK's official singles chart in 2024, fueling an 11% increase in streaming for the year.
Dolan, father of James L. Dolan, founded Home Box Office and Cablevision, and later bought Madison Square Garden and the New York Knicks.
Universal Music Group and Warner Music Group were among the week's few winners as the 20-company Billboard Global Music Index dropped 0.6% to 2,155.51.
A jazz connoisseur, Parsons co-owned a Harlem jazz club and served as chairman of the Apollo Theater and the Jazz Foundation of America.
Exclusive content and advanced fraud protection are top of mind.
The 20-company Billboard Global Music Index fell 3.3% to 2,168.69, lowering its year-to-date gain to 41.4%.
"His work and influence have left an enduring legacy in Canadian media, touching the lives of many and shaping the industry he loved so deeply," says Billboard Canada's Mo Ghoneim.
Also this week: Sphere's "Exosphere" has a new sales lead, Third Side Music hires a head of copyright and SoundCloud's former COO/CFO has landed a real(ity) job.
In a joint release, the organizations argue the deal would "reduce competition and the independents' bargaining power" if allowed to go through.
