The fund marks 25 years of distributing royalties to backup musicians and vocalists.
The fast-rising Australian artist signs with UTA for representation in the Americas.
Also on the Billboard Global Music Index, Spotify's stock stayed hot with a 9.6% gain, bringing its year-to-date increase to 117.9%.
"We will all miss serving and working with all of you -- our readers and clients," said founder/president/publisher Joel Denver in a statement.
Just 15% of music listeners, superfans are boosting U.S. album sales in 2023.
The Kering chairman is exploring the acquisition with CAA co-chairman Bryan Lourd at Allen & Company's annual media finance gathering in Sun Valley, Idaho.
The famed festival claims a new event from the Minnesota Twins — set for this weekend with concerts by Imagine Dragons and The Killers — is creating "public confusion."
Also this week: Other Operation co-founders both announce their next steps, Primary Wave appoints a president of global sync and more.
On the Billboard Global Music Index — up 13% at the midyear — two South Korean companies also accounted for some of the biggest gains.
Also this week: Marc Byers partners with Warner Records on a new African music label, Canva teams with Warner Music and more.
