The deal includes a stake in the publishing and master rights to evergreens like "Breaking Up Is Hard To Do," "Love Will Keep Us Together" and more.
The music investment platform will use SoundExchange to give artists a cut of its revenue based on page view traffic.
With NAVER Pay, the music title "will be able to provide a variety of innovative services unique to Billboard in the Korean music market.”
Also this week: Elvie Shane, Stonebwoy, Ayushmann Khurrana, yaeow, Bossa and more.
Music by RAYE, Kylie Minogue, The Prodigy and more helped the indie market realize its sixth straight year of growth — though that milestone comes with a caveat.
Attorneys for the biggest stars in the world send countless takedown notices annually, but it's "a game of Whack-a-Mole, and it's a constant every day," one executive says.
The decorated industry veteran was most recently svp and head of commercial marketing at the UMG division.
The move follows Lopez's stint as CEO at Saban Music Latin, which was acquired by Virgin Music Group in January.
Oakley succeeds Frances Moore, who retired in December 2023 after leading the trade body since 2010.
The Billboard Global Music Index lost 3.2% this week as 14 of 20 stocks were in negative territory.
