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HomeBusiness(Page 437)

The Deals: Stevie Van Zandt Signs ‘Multimillion-Dollar’ Primary Wave Pact; BandLab Buys Airbit

9 February, 2023

Also this week: Utopia Music unloads ROSTR, Codiciado signs with Virgin Music U.S. Latin and more.

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Vico C Signs With Nain Music, a Division of Rimas Entertainment

9 February, 2023

The rapper is set to drop a new album in May.

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Warner Music Posts $1.48B Revenue as Publishing Growth Can’t Offset Lower Profits

9 February, 2023

WMG's net income was off 34% compared to the year-ago quarter, which had an extra week.

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HYBE Acquires Quality Control, Making Major Move Into Hip-Hop

9 February, 2023

The label that developed Migos, Lil Baby and others will now fall under HYBE America and the leadership of CEO Scooter Braun.

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Songtradr to Acquire 7digital for $23 Million

8 February, 2023

The deal values 7digital at a 114% premium over the prior day's closing price.

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Reservoir’s Quarterly Revenues Rise 16% on Strength of Music Publishing Division

8 February, 2023

The company's robust publishing business helped offset a $4 million net loss related to one-off debt and the higher U.K. tax rate.

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YNW Melly Takes Death Penalty Question to Florida Supreme Court

8 February, 2023

He's challenging an earlier ruling that said the rapper could be executed if convicted of murdering two former YNW associates.

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Zach Bryan Signs Publishing Deal With Warner Chappell Music

8 February, 2023

Bryan's music has already reached one billion streams, according to the publishing company.

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TikTok’s SoundOn Launches In Australia

8 February, 2023

First signings include Ashwarya, Aleksiah, The Drax Project, Roy Bing, Suzi Sings, Xanu, Kate Gill, Mikalya Pasterfield and CXLOE.

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Hipgnosis Buys Catalog of Grammys’ First-Ever Songwriter of the Year, Tobias Jesso Jr.

8 February, 2023

The deal includes Jesso's share of 40 different songs, including "When We Were Young" by Adele and "Slow Hands" by Niall Horan.

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