Charles Goldstuck's investment firm has purchased publishing and recorded music royalty income streams from both companies for roughly $200 million.
Also this week: Downtown has a new director of A&R, Big Loud gets Carter a promotion, and a DJ about to perform at the Sphere hires a creative director.
Also in the roundup this week: Omarion, Willie Jones, Adrien Nunez, Annatoria and more.
"We're depending on financial support to accomplish the mission," says Marian Goodell of a new fundraising model that's designed to compensate for a drastic revenue deficit.
Ahead of the holiday release of Timothée Chalamet’s portrayal of Bob Dylan, Billboard takes a look at the factors driving the release of these films.
The venture will provide artist and producer management, publishing and distribution services, and an incubation lab to help clients develop new IP using emerging technologies.
Streaming and physical sales, led by vinyl, drive 11% growth in music copyright value, according to the annual report from Will Page.
The 20-company Billboard Global Music Index improved 2.1% to a record 2,208.32, bringing its year-to-date gain to 44.0%.
“Wicked, the film and the campaign, is just the biggest thing we’ve ever done,” says NBCUniversal president of music Mike Knobloch.
Also this week: ADA expands into Southeast Asia, Orfium and CTS Eventim hire new CTOs and Musicians On Call brings in a development lead.
