The $9 billion package of cuts includes all funding that the Corporation for Public Broadcasting was due to receive during the next two budget years.
Other recent deals include TikTok's agreement with music licensing service Chordal, Symphonic's pact with IP enforcement service Third Chair and more.
The differences in growth rates reflect music companies’ increasing emphasis on fast-growing emerging markets.
The proposed deal, under preliminary review, will be subjected to a months-long investigation by Europe's competition regulator, according to Reuters.
The executive comes from UMG, where she spent more than 20 years.
Other recent artist signings include Mandopop artist David Tao, pop-punk singer-songwriter Taylor Acorn and rising country artist Trey Pendley.
Sony Music Central America & Caribbean enters a distribution agreement with Alofoke Music and acquires a significant portion of its catalog.
The 20-company Billboard Global Music Index fell 3.7% to 2,896.56, its second consecutive drop.
Also this week: TikTok Canada halts arts sponsorships as it prepares to exit the country, and Arts & Crafts launches a new country label.
Your weekly roundup of promotions, hires, exits and everything in between across music.
