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This article was created in partnership with HarbourView Equity Partners.
The lead-up to Hollywood’s biggest weekend was even more exciting this year with the addition of Las’ Lap: Legacy Experience. The celebration of R&B’s music, culture and influence, hosted by HarbourView Equity Partners and Adam Blackstone, brought together key players across the entertainment industry and showcased a remarkable lineup of performances.
Event co-host Adam Blackstone personally curated the artist lineup with excellence in mind. Blackstone is a Grammy-winning bassist, musical director and producer who has orchestrated numerous culturally significant live performances, with stages ranging from the Super Bowl Halftime Show to the Grammys. He and his band backed stunning performances by artists including Toni Braxton, SiR, Estelle, James Fauntleroy and Kenyon Dixon.
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“I couldn’t be more thrilled about this partnership with HarbourView for our Pre-Oscar celebration,” said Blackstone. “The Legacy Experience began several years ago and has since become a must-attend event in the industry. Over the years, we’ve had the privilege of showcasing both emerging talent and legendary figures. And also we continue to always celebrate our wins, this past season being a GRAMMY WIN and an NAACP IMAGE AWARDS WIN. So partnering with HarbourView is the perfect alignment, as they are a company that truly supports and invests in creators & visionaries like myself.”
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Industry movers pose for a group photo at Las’ Lap: Legacy Experience in Los Angeles, CA. L to R: Deborah Renteria, Mitchell Huckstepp, Whitney Gayle-Benta, Sherrese Clarke, Rodney Shealey, Lisa Bashi, Vincent Searcy, Lucinda Martinez
Mark Clennon
In addition to industry movers and cultural tastemakers, the star-studded event welcomed Grammy-winning R&B artists Muni Long, Melanie Fiona, Jimmy Jam, and Eric Benét. With its emphasis on artistic excellence and cultural impact, Las’ Lap: Legacy Experience proved to be a defining moment in celebration and recognition of the creatives shaping the industry.
HarbourView Equity Partners is always looking toward the future of the industry. The investment firm, founded by Sherrese Clarke, focuses on opportunities to support premium content across entertainment, media and sports. Reflecting upon The Legacy Experience, Clarke shared: “At HarbourView, we are proud to support and uplift these incredible creatives, ensuring that their voices and influence continue to resonate for generations to come.”
LONDON — Proper Music Group, the U.K.’s leading physical distributor for independent labels and artists, has been acquired by Netherlands-based Artone, bringing an end to a tumultuous three-year period during which the firm was owned by Swiss fintech company Utopia Music.
Completion of Artone’s acquisition of Proper Music Group was announced by the company Friday (Feb. 28), one day after Proper was placed in administration (roughly equivalent to Chapter 11 bankruptcy protection).
The new ownership structure sees Proper’s longstanding managing director, Drew Hill, take a minority stake in the British firm, which handles physical distribution for more than 5,000 indie labels, as well as provide a range of digital distribution, publishing and artist and label services for artists and music companies.
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Proper’s clients include Absolute Label Services, Believe, Cherry Red, Concord, Epitaph, FUGA, The Orchard in addition to Warner Music Group-owned ADA and Sony Music Group-owned AWAL. The company says its clients collectively make up around 13% of the United Kingdom’s physical music market, which totaled £330 million ($412 million) in 2024, up 6.2% on the previous year, and accounting for nearly 14% of music revenues, according to figures from the Digital Entertainment and Retail Association (ERA).
Announcing the acquisition of Proper, Artone CEO Jan Willem Kaasschieter said the company plays “a vital role in the supporting independent labels and artists in the U.K. By bringing Proper Music Distribution into the Artone family, we ensure its continued success and provide stability for its partners.”
“We now have some certainty about the future,” a relieved Hill tells Billboard. He describes the past three years of Proper being owned by Swiss fintech firm Utopia as being like a “pantomime rollercoaster” that has seen the company often existing “under a cloud” of negativity. “I’m glad it’s finally over,” says Hill, who continues as managing director of Proper Music Distribution.
Got records? A wide view of the Proper warehouse in Dartford.
Proper Music Group
Utopia Music had originally acquired Proper for an undisclosed sum in January 2022 as part of a frenetic buying spree that saw the Swiss fintech firm rapidly acquire 15 companies spanning music tech, finance, publishing, marketing and distribution over a two-year period.
A just-as-quick downsizing followed, encompassing multiple rounds of job cuts, company divestments, numerous legal actions and successive executive departures, including the exit of co-founder Mattias Hjelmstedt.
Early last year, Utopia rebranded as Proper Group AG, named after its core physical music distribution business, but the widespread changes failed to turn the company around. In September, the firm was placed into bankruptcy by a Swiss court over an unpaid debt of 23,000 Swiss Francs ($25,000).
As a result of the court action, Utopia’s two main U.K. physical distribution businesses were placed up for sale with both attracting multiple bidders. Utopia Distribution Services, which was formerly known as Cinram Novum and whose clients include Universal Music Group, Sony Music Entertainment and [PIAS], was acquired by DP World Logistics for an undisclosed sum in December.
Artone and Hill’s subsequent joint acquisition of Proper Music Group is “fantastic news for the independent community,” says Gee Davy, CEO at U.K. trade body the Association of Independent Music (AIM).
“Drew’s 18 years’ experience at the helm of Proper Music Distribution combined with Artone’s pan-European expertise will no doubt ensure that the U.K.’s physical music sector continues to thrive,” says Davy in a statement.
“It’s an ownership structure absolutely rooted in what is our core business,” Hill tells Billboard, pointing to Artone’s range of physical music solutions, which includes its own vinyl pressing plant, the Netherlands’-based Record Industry, capable of pressing 40,000 to 60,000 records per day, as well as Bertus Distribution, one of Europe’s largest independent distributors. Artone additionally operates several indie labels, including Music On Vinyl and V2 Benelux, and last year acquired U.K. D2C e-commerce music retailer and distributor Townsend Music.
The production line at the Proper warehouse in Dartford.
Proper Music Group
“Utopia never really understood what Proper was or what we did or maybe even why they bought us,” says Hill. “Day-to-day, operationally nothing really changed under their control but what was always difficult was the negative association. It just became a PR disaster and I was constantly having to reassure labels that whatever they were reading about the parent company, their money and their stock was safe. It’s great that I no longer have to do that.”
Hill says the financial losses suffered by Proper Music Group, which was a profitable company prior to 2022, over the past several years are spun out of Utopia’s kamikaze approach to business, which prioritized turnover over profit. According to its most recent Companies House figures, Proper made a loss of £1.9 million in the year ending Dec. 31, 2022. There will be further losses to be reported in 2023, says Hill.
“Now we can go back to making sure we’re growing as a sustainable business rather than just growing for growth’s sake,” he states. “The physical music business is in a very healthy place right now and Proper will continue to be right at the heart of it.”
Welcome to the latest Executive Turntable, Billboard’s weekly compendium of promotions, hirings, exits and firings — and all things in between — across the music business. There’s a full slate of personnel news this week, so let’s hop to it.
EMPIRE‘s global expansion is afoot with the appointment of Guillermo Ramos as managing director of Europe, and Ted May as senior vice president of international marketing, both based in its London headquarters. Ramos will oversee European operations, including France and German-speaking regions, while May will lead global marketing strategies across six continents. Their roles aim to drive EMPIRE’s rapid international expansion and artist success. “Our London operation is integral to this as the centerpiece between the Americas, Africa and Asia,” said EMPIRE COO Nima Etminan. “With Guillermo and Ted, we feel confident to have found two seasoned, yet motivated individuals who will understand how to solidify our presence in Europe and expand our global footprint in international territories.” Ramos, formerly GM at Virgin Music Group, brings 18 years of experience, having worked with artists like Rema, Hozier and The Weeknd. May, with over 25 years, previously led MNRK/eOne’s UK and international operations, supporting acts like The Streets, Cher and The Lumineers. Ramos commented that “steady and meaningful expansion in Europe – and the globe – is a priority for our next chapter, driven by our leadership in the independent sector, at a time when an industry-wide paradigm shift is underway.”
Brian Wagner will take on the role of executive director for the International Entertainment Buyers Association, or IEBA, effective March 1. Wagner replaces Pam Matthews, who retired following 12 years leading the Nashville-based booking trade group. Wagner’s nearly three-decade career includes his work founding Flashpoint Entertainment (which launched Nashville venues Mercy Lounge and Cannery Ballroom). He also led marketing for the Ryman Auditorium, including curating the venue’s annual bluegrass series and the “Sam’s Place” series. In 2015, Wagner took on the role of assistant commissioner of marketing for the Tennessee Department of Tourist Development, forging the “Soundtrack of America, Made in Tennessee” campaign. –Jessica Nicholson
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Merlin announced several key promotions within its team. Marta de la Hoz, with over seven years at the company, is now senior director of business analytics. Matt Rose was promoted to senior manager of strategy and growth. Nick Cashmore, instrumental in enhancing reporting, is now director of reporting. Pavan Vasdev steps into an expanded role as senior director of strategy and growth. Lastly, Tom White, a key player in advancing data analytics, is now senior data analyst.
The Syndicate hired veteran music publicist Sue Marcus from Stunt Company Media as vp of publicity, where she will co-lead the department with Brendan Bourke. Marcus brings her entire roster from Stunt Company and will be joined by publicist Anna Jenkins and new hire Cassidy Berstler, expanding the press team at the marketing agency to nine members. All three are based in Weehawken, NJ. Jeff Kilgour will now lead business development as svp, alongside Rob Gross. Marcus, with over 30 years of experience, worked at director levels at Roadrunner Records, Mercury Records and Island Def Jam before founding Stunt Company in 2001. She has led media campaigns for a wide range of artists and festivals, including Monica, Ra Ra Riot, Tom Verlaine, and Moon River Music Festival, among others. Her current roster includes Drew & Ellie Holcomb, JOHNNYSWIM, XiXA and Mayday Parade. “Sue’s incredible expertise, passion for storytelling, and the powerhouse roster she brings from Stunt Company will strengthen our expanding publicity department,” said Kilgour.
The Music Fights Fraud Alliance selected Michael Lewan to lead the anti-fraud collective. As executive director, Lewan will lead the MFFA’s strategic initiatives from Washington, D.C. Previously, he served as managing director of state and federal advocacy at the Recording Academy. Founded in June 2023, MFFA unites major music companies, including Downtown (CD Baby and FUGA), Believe (TuneCore), Amazon Music, Spotify, EMPIRE and United Masters, to combat fraud through cross-platform collaboration. The Alliance has mobilized working groups to address fraud identification, mitigation, and enforcement across distributors, labels and DSPs. Andreea Gleeson, CEO of TuneCore, emphasized Lewan’s role in strengthening the industry’s fight against fraud, citing his expertise in government relations and policy advocacy. “His leadership and vision will be crucial as we continue working toward a more equitable and transparent music industry,” she said.
NASHVILLE NOTES: The W.O. Smith Music School appointed Valerie Cordero, Ph.D. as its new executive director. Dr. Cordero succeeds Jonah Rabinowitz, who led the school, which provides vital music education to Nashville’s underserved youth, for nearly 30 years. A Nashvillian since 2012, Dr. Cordero joins from Families for Depression Awareness, where she served as co-executive director, leading fundraising and marketing efforts and advocating for affordable mental health care … Black River promoted Ally Roden to publicity manager from coordinator … Red Street hired Patrick Waters as senior director of country A&R after a run as a Red Light artist manager. The company also crowned Kelly King vp of publishing.
Huskins-Harris Business Management rebranded as Harris, Huelsman, Barnes & Company, with John Huelsman and Morgan Barnes joining Becky Harris as principals at the company. Together, Harris, Huelsman and Barnes have over 40 years of experience, with the company’s current clients including Chris Young, producer James Stroud, Drew Baldridge, Frankie Ballard, Austin Brown, Scotty Hasting, Angie K, Alexandra Kay, Julian King, Nicotine Dolls, Michael Ray and American Idol winner Noah Thompson. –J.N.
AEG Presents is opening a new office in Oslo, Norway, led by industry veteran Peer Osmundsvaag starting March 1. Osmundsvaag, with 35 years of experience, was a founding partner at All Things Live and began his career as a DJ and party promoter in 1989. He founded Atomic Soul in 2001 and has worked with major artists like Eminem, Prince, and Justin Bieber. He also co-founded Norway’s Hove Festival and established Oslo’s PiPFest in 2014. Recognized for his contributions, he received Oslo’s Culture Prize in 2017. Notably, he promoted Norway’s two largest ticketed concerts to date: Eminem at Voldsløkka (55,000 attendees) and Rammstein at Bjerke Travbane (60,000 attendees). He’ll report to Adam Wilkes, president and CEO of AEG Presents Europe and Asia-Pacific.
Catch Point Rights Partners promoted Annie DeConto to director of business development, reporting to co-founders Richard Conlon, PJ Miklus and Patrick Riordan. Since joining in 2020 from stints at Morgan Stanley and Warner Music Group, she has played a key role in acquisition sourcing, marketing, and catalog analysis. “Her work underscores the firm’s dedication to developing data driven, creative liquidity solutions in collaboration with music creators, rights holders and the firm’s investors,” the founders said. Catch Point acquires rights and royalties from various music entities, offering liquidity solutions to copyright and royalty owners. Its portfolio includes thousands of sound recordings and musical works, including songs by The Smashing Pumpkins, Black Eyed Peas, Nine Inch Nails and Lil Wayne, among others.
RADIO, RADIO: Brian Kelly stepped down as vice president of Top 40 programming at Audacy. A 29-year veteran of the company, Kelly was also operations manager in Milwaukee, where he helped launch 103.7 Kiss FM and programmed 99.1 The Mix … European audio branding company PURE Jingles appointed Ilja Volkers as its new chief commercial officer. He joins with experience from BMG, Sony Music and Warner Music.
Breakaway Projects, the newly launched label and management division of Breakaway Music Festival, has announced its leadership team. Jaime Neely, a former Warner and BMG exec, will serve as president, bringing experience working with Lewis Capaldi, 5 Seconds of Summer and Monsta X. Harrison Bamel has been named vice president, also continuing his role leading Breakaway’s artist management team, where he oversees emerging electronic acts like Night Tales and Mojave Grey. Bamel will focus on A&R and artist development for the label. Matt Oliver joins as director of PR, leveraging over a decade of experience working with Facebook, Wu-Tang Clan, DMX and dirtybird records, among others. His role will center on increasing Breakaway Projects’ brand visibility across digital platforms.
Major Bob Music made three key leadership changes, promoting Andy Friday to chief operating officer and Emily Hasty to creative director, while bringing in Aubrey Daniels as head of publishing. Friday, who has worked with Bob and Mike Doyle for over 15 years, will now oversee all Doyle-owned companies while continuing his role as day-to-day manager for Treaty Oak Revival. Previously head of publishing, he played a key role in signing Zach Top and Treaty Oak Revival to Major Bob Music/Bob Doyle & Associates. Daniels joins as head of publishing, bringing extensive experience from Bluewater Music, SNG Music, and KP Entertainment. A Belmont alum, she was nominated as one of Country Aircheck’s Women of Influence in 2021. Hasty, now creative director, first joined Major Bob as an intern in 2022 before working her way up to creative coordinator. She signed her first writer, Anslee Davidson, in 2023. Major Bob Music, founded by Garth Brooks’ longtime manager Bob Doyle, said it has notched over 70 No. 1 singles in its 39-year history.
DawBell, a UK-based communications agency, reappointed Lewis Fromberg as account director to lead brand, sports and popular culture communications and commercial strategy. Fromberg previously spent six years at DawBell, working with major artists and brands and earning the PR Campaign of the Year award for work on a Lewis Capaldi album. After a period at Red Bull, he returns in an expanded role. Additionally, DawBell promoted Rachael Chinery and Charlie Brun to associate PR directors for music. Both have played key roles in campaigns for top artists and events, including Elton John, Dua Lipa and The BRIT Awards.
BOARD SHORTS: The Long Island Music and Entertainment Hall of Fame welcomed DJ Johnny “Juice” Rosado to its board of directors. Juice (class of 2008) said he aims to enhance the diversity of artist representation in the hall. Known for his roles as a composer, producer, turntablist, and educator, Juice has contributed to some of hip-hop’s greatest works, thanks to a longtime association with Public Enemy and other acts … Los Angeles College of Music is introducing 370 Music Group, a non-profit, student-run record label and music licensing company aimed at supporting and showcasing talent from the LACM community. The initiative is guided by LACM’s Faculty Advisory Board, which includes industry pros Erin Workman, Adam LaRue, Jennifer Smith, Karla Ortiz and Michael Chrysanthou. The label will officially launch at this weekend’s inaugural Music Industry Summit at the college in Pasadena.
ICYMI:
Katie Fagan
Jukebox, a music platform where investors can buy royalty shares, appointed Mike Coppola to be its new CEO. He succeeds Scott Cohen, who led Jukebox since its launch in 2022 … Mom+Pop Music is the latest coastal label to sink roots in Music City, appointing Katie Fagan as president of Mom+Pop Music Nashville. Previously, Fagan clocked years as head of A&R at Prescription Songs in Nashville, where she launched the company’s first office outside of LA. [Keep Reading]
Last Week’s Turntable: SiriusXM Hires Ex-Airbnb Legal Chief
Titan Content formed a strategic partnership with Imperial Music (a division of Republic Records) to collaborate on its upcoming girl group, AtHeart. The group — which released a new teaser video and launched official social media channels alongside the announcement — will share a “pre-debut introduction song and video” on March 14, according to a press release. AtHeart consists of seven members: Michi, Katelyn, Seohyeon, Aurora, Bome, Arin and Nahyun. The group’s formation was led by former SM Entertainment CEO Nikki Semin Han.
Spotify began accepting audiobooks from ElevenLabs, an AI software company that provides voice narration technology. Authors can now distribute their ElevenLabs content to Spotify and other audiobook retailers via audiobook distributor Findaway Voices. According to a blog post, all digitally narrated titles will be “clearly marked in the metadata on Spotify” and other platforms, while the book description “will be prepended with the first sentence stating, ‘This audiobook is narrated by a digital voice.’”
Korean entertainment group Starship Entertainment struck a copyright partnership with Chinese music platform NetEase Cloud Music. The deal brings Starship’s entire catalog, including Korean girl group IVE, to Chinese audiences. According to a press release, NetEase Cloud Music boasts 206 million monthly active users.
Universal Music Japan acquired a majority stake in A-Sketch, a Japanese artist management business and record label that boasts acts including Saucy Dog, Flumpool and Ayumu Imazu on its roster. A-Sketch is also home to Mash A&R, a rock management company in Japan that manages The Oral Cigarettes, FREDERIC and Saucy Dog. Under the deal, Universal Music Japan will acquire the stake in A-Sketch that’s currently owned by Amuse. A-Sketch will now operate as a label division within Universal Music Japan and continue to be led by A-Sketch representative director/president Nobuyuki Soma, who will report to Universal Music Japan president/CEO Naoshi Fujikura. “The acquisition will further bolster Universal Music Japan’s in-house artist management capabilities and expand its ability to drive new creative and commercial opportunities for its artists,” as stated in a press release.
Reservoir Media acquired U.K. dance and electronic label New State. The deal includes New State’s entire recorded music catalog consisting of more than 13,000 tracks by artists including Zero 7, The Beloved, Paul Oakenfold, Dirty Vegas, D:Ream, Double Trouble, Rebel MC and Congo Natty. Reservoir will continue marketing and releasing new music by New State artists via its Chrysalis Records label.
Create Music Group announced a strategic catalog acquisition and go-forward venture with Pack Records (a.k.a. Pack.), a New York and New Orleans-based indie record label, publisher and artist partnership company co-founded by Sky McElroy, Jett Wells and Gavin Chops. The companies previously established a publishing joint venture. Under the deal, Pack. and its artists will have access to Create’s proprietary technology, global distribution, data-driven marketing insights and monetization tools. Pack.’s roster includes aldn, CONNIE, Blood Cultures, daine, Dava and Godly the Ruler. Its catalog boasts recording and publishing rights “at the heart of internet and gaming culture viral moments,” according to a press release, including aldn’s “icantbelieveiletyougetaway,” Ezekiel’s “help_urself,” Godford’s “Downtown,” and Internet Girl’s “PULL UP,” as well as the CONNIE-produced “DIVE IN!” by JELEEL! and “Stupid” by Lexa Gates.
Hook, the AI-powered platform that allows users can legally remix songs and earn income for doing so, signed a strategic partnership with digital music distributor Too Lost. More than 300,000 artists and labels will be brought to Hook through the deal, including Teddy Swims, Tommy Richman, Ty Dolla $ign, Fivio Foreign, Kodak Black, Justin Beiber, Playboi Carti, James Blake, Pink Sweats and Emei. This is Hook’s fourth distribution partnership following deals with FUGA/Downtown, Revelator and Gyrostream.
iHeartMedia and the government communications office of the State of Qatar signed a multi-year partnership that aims to develop a state-of-the-art podcast studio in Qatar and release both original and existing podcast content to Arabic audiences. Under the agreement, iHeart will also offer specialized masterclasses to develop local podcasting talent and host global industry events, including annual Web Summit gatherings — the partnership was announced at this year’s Web Summit in Qatar — in an effort to position the Middle Eastern country as a regional podcasting hub.
Synch platform SourceAudio struck a deal with the Wolfman Jack estate through which the company will repurpose and discover new monetization opportunities for the radio legend’s shows. Through the AudioGenius tool on SongLab — SourceAudio’s AI-powered suite of music tools — the Wolfman Jack estate will be able to “reuse, repurpose, control, and monetize their valuable content archives across today’s digital platforms and ecosystem,” according to a press release. According to Tod Weston Smith, son of Wolfman Jack and president of Wolfman Jack Entertainment, AudioGenius “has significantly streamlined our process, allowing our Wolfman Jack team to access and retrieve clips from our extensive digital archives in seconds, rather than spending hours searching, and we are now able to generate additional revenue from previously underutilized or unused content.”
SoundCloud partnered with Ticketmaster and its self-serve event ticketing and marketing platform Universe in an integration that will allow SoundCloud’s Artist Pro users to create and manage events; sell tickets and share shows directly on the streaming platform; and enjoy amplification opportunities across SoundCloud, Ticketmaster and Universe. They will also have the ability to use Universe to manage and track ticket sales.
The music business needs a hug…and a punch to the gut.
As someone who cares deeply about mental health, wellness and supporting people in need, my intentions with this letter come from the purest place of love and empathy. But if I’ve learned anything from my time in the music industry — it’s to be direct. Today, I’m calling for more consistent, accessible personal and professional development support for the people who keep the music industry’s wheels turning. These include things like leadership and communication training, adaptability and resiliency coaching and a basic understanding of emotional intelligence. We cannot have a healthy industry inhabited by healthy humans without the intersection of mental health and professional and personal development. We need to move beyond just checking boxes for things that look good on paper, but do not actually impact those owning the day-to-day operations of our business. It’s unsustainable long-term. What good are resources if the business itself doesn’t support their use? How can we seriously promote wellness while maintaining conditions within the workplace that undermine it? The need to invest in both our well-being and create healthier work environments is becoming dire as we navigate unprecedented mergers and acquisitions, rampant layoffs due to our ever-evolving business, and an increasingly competitive landscape that shows no signs of slowing down.
To start, we could benefit from operating with less ego and more empathy. Leaders can always strive to be better decision-makers and communicators, with a focus on humility and understanding for their teams and partners. They hold the power to make change, but also face immense pressure, and we need to support them in guiding the industry. We also need more people who genuinely care about human growth, and are equipped to fight for changing outdated systems.
These precursors are required to address what our artists are expressing on stage at award shows and what professionals are discussing off the record over dinner. I can’t speak for everyone, but I can speak for the hundreds of people I’ve met over the past five years, including those who attend our jump.global Annual Summit, where we host open forums on these critical topics. Yes, we’re good at calling this all “mental health,” and to some extent, it fits under that umbrella. But it’s so much more than that. It’s dealing with the real-life effects of endless company reorgs, constant performance critiques, burnout from the grind, lack of healthy work-life boundaries and an industry that prioritizes making money without making sure its people are happy with their personal growth.
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These aren’t new revelations. The industry has long been criticized for its broken promises and dehumanizing culture, but we’ve reached a tipping point. People are mentally and physically exhausted, overwhelmed by constant fatigue and the whiplash of relentless demands. They are caught between morning meditation and breathwork sessions, only to be thrown into the chaos of endless emails and unclear paths to advancement. It’s real, and it’s widespread, impacting every part of our personal and professional lives. The music industry must embrace the people who have always been its heart and soul — artists, fans and workers alike. It’s time to nurture the relationships that sustain it, offering the support, care, and recognition that has often been overlooked, and ensure that everyone involved feels valued, heard, and connected. It needs to become so systemic that it’s as common as composing an email or pitching a release. Are we truly listening to the feedback of our teams as much as we are to the charts? If we put people over profit, we can turn this around — but without this shift, we risk burning out the very people who keep this industry alive.
This sentiment is echoed by the coaching community I’ve turned to for my own research and development. “When mental, physical and emotional health are prioritized as part of the fabric of an organization, company culture changes, people get more creative, productivity increases, communication improves, performance gets stronger,” says Marni Wandner, board-certified health coach, executive coach and 22-year music industry vet. “I work with both executives and artists, most of whom are trying to prevent burnout, or recover from it. When people are at their best, the whole industry benefits – and the way we take care of ourselves and each other affects the wellbeing and success of the artists.”
Outside of overall health, It’s important to note how much leadership training plays such a crucial role in all of this. “When we develop our leaders and prepare them well, they can manage their teams effectively and compassionately. We can create better work cultures, retain talent in the industry, reduce burnout and improve performance,” Tamara Gal-On and Remi Harris, UK-based coaches and Co-Founders of the Music Leaders Network, share in a joint statement.
Effective communication has also been identified as a crucial component of strong leadership. Tracey Pepper, a veteran media and public-speaking coach and certified personal coach, shares, “I work with high-level executives every week who are expected to inspire and motivate their teams, whether it’s sharing ideas or delivering feedback, but who have never sought support around developing their communication style. Yet, how they interact with colleagues and co-workers has a significant effect on company culture and, in turn, productivity. Being aware of how you’re impacting others by how you speak to them is a game-changer in leadership.”
I ask nearly everyone I meet about this disconnect, and the consensus is clear: our industry doesn’t necessarily lack awareness of how important professional and personal development resources can be, it lacks the time for people to properly dedicate themselves to it because of how intense and fast-paced their jobs can be. Without an immediate ROI, development often feels like a “luxury” that companies and people can’t afford or something we save for an end-of-year planning session. But what if we stopped viewing it that way and started treating it as the necessity it clearly is?
While I applaud any music company with Learning & Development programs already in place, I hope the journey doesn’t stop after one-off grants, seminars or annual workshops. We need to create ongoing learning environments where professionals are empowered with the tools to thrive personally and professionally. The strength of the business lies not just in the artists we promote or the music we create, but in the culture we nurture within our teams. Developing strong, emotionally intelligent humans that work in music isn’t just a nice-to-have — it’s critical for the long-term success and sustainability of the industry. “What is emotional intelligence?” is a fun one to type into ChatGPT, and then compare back to the music business.
Of course, there has been discussion and debate over whose responsibility it is to provide tools in these areas. To be fair, I think it’s everyone’s collective responsibility. Thankfully, generous programs and organizations are already leading the charge to end stigmas and provide essential resources, research and guidance. Again, while much of the headlines focus on mental health, a lot of them work intersectionally through all the areas I mentioned. Backline, Music Industry Therapist Collective, Music Health Alliance, MusiCares, Amber Health, Keychange and numerous coaches and therapists are making a lasting impact and creating meaningful, sustainable change in the industry. We owe a lot to these organizations, as well as those leading ongoing efforts in diversity, equity, inclusion, gender parity, fighting ageism and supporting neurodivergent education.
That said, there is always more that can be done and this is an invitation for all of us to do our part if you are not already. While innovating and commercializing music, we must also dismantle outdated systems and create forward-thinking support for both creatives and the workforce. As we work to heal the world with music, we must first extend that same care to those who make it all possible. Through compassion, empathy and kindness, we can do this.
We are all human, and no matter our title, company, or paycheck we all can, and will, benefit from these changes. To the artist managers who just lost their biggest client, the marketing directors struggling to juggle 20 releases, the people who have devoted their lives to a role only to see it eliminated, the CEO who ascended the corporate ladder only to be knocked back down and to anyone who has ever felt unseen, unsupported, or confused by the industry they love … I see you. This is why we need systemic change that supports you consistently, not just when it becomes impossible to ignore. Whether it’s implementing a new way to foster open communication within your department or simply gifting a coaching session to a colleague – we can all work together to shape more resilient cultures.
So, dear music business humans, I hope you’ll accept this hug and pass it on to the friends you’ve made along the way, the teams you manage, the interns you inspire, the artists you collaborate with and those you’ve yet to meet. To all of the music business-at-large, the gut punches may feel like love taps, but I promise you they carry enough weight to impact your bottom line — today or tomorrow.
With immense love, gratitude and concern,
Nick Maiale
Nick Maiale is the founder & CEO of jump.global – an agency solution for music executives and companies looking to grow their influence through B2B trade marketing, conferences & panels, international relations, college mentorship and more. He is studying to become a certified executive coach with a mission to bring more personal and professional development events, such as the jump.global Annual Summit, to the music business masses.
ASCAP, the only not-for-profit performance rights organization in the U.S., which — after covering its overhead — shells out all of its collections to songwriters and publishers, reports revenue increased 5.7% to 1.835 billion from the prior year’s total of $1.737 billion. What’s more the PRO said the amount of its collections available for distribution totaled $1.696 billion, or a 6.5% increase over 2023’s total of $1.592 billion.
Out of that collected revenue, domestic royalties totaled $1.397 billion, up 5.3% from the 2023’s total of 1.327 billion; while foreign receipts grew 6.8% to $438 million, up 6.8% from the prior year’s total of $410 million. Put another way, domestic revenue comprised 76.1% of collections while foreign receipts comprised 23.9%.
ASCAP said its compound annual growth rate (CAGR) for total revenue for the 10 years leading up to 2024 was 7%, and that the CAGR for total distributions over the same time period was 8%. Its overhead expense structure remains at about 10%.
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“For songwriters, composers and publishers, ASCAP provides the best return on their performance royalties because they get 90 cents of every dollar we collect,’ ASCAP CEO Elizabeth Matthews said in a statement. “It’s that simple. We are the only US PRO that does not take a profit and the only one that can credibly say we put creators first in everything we do.”
In 2023, BMI, ASCAP’s main competitor and the only other U.S. PRO operating under a U.S. Dept. of Justice consent decree, abandoned its not-for-profit status in order to sell to a private equity firm, which occurred in 2024 when New Mountain Capital acquired the collection society. Besides BMI, both SESAC and GMR, aka Global Music Rights, are both for-profit performance rights organizations.
Breaking out its total $1.696 billion available for distributions, ASCAP reported that $1.284 billion was due to domestic songwriters and publishers while $438 million was available for foreign distributions. Overall, its domestic collections available distribution increased 5.5% from the prior year’s total of $1.217 billion, while foreign distribution availability increased 9.8% from $375 million in 2023.
Looking at its activities over the last year, ASCAP reported that signings and renewals include Katy Perry, Timbaland, Kacey Musgraves, Jack White, Justin Tranter, Neil Young, Graham Nash, Def Leppard, Sexyy Red, Max Martin, Hans Zimmer and Tate McRae; along with with the estates of Tom Petty and Jimi Hendrix.
ASCAP said it was active in helping to shape the U.S. Copyright’s Office recommendations on legal and policy issues related to copyright and AI; and formed a strategic alliance with SACEM, France’s collection management organization, to leverage their investments in infrastructure. Finally, ASCAP reported that it moved quickly to launch a $1 million emergency relief fund to assist Los Angeles-based ASCAP songwriter affected by the LA wildfires.
“ASCAP is committed to innovating, growing and evolving in ways that benefit our members, because music creators drive every decision we make,” ASCAP president and chairman of the board Paul Williams said in a statement. “Protecting the livelihoods of songwriters and composers and defending the value of music is a mission we take seriously. For us, this is more than just business – it’s personal, and that’s what sets ASCAP apart from any other PRO.”
A U.S. federal court judge has ruled that Ultra Music Publishing must change its name within six months after a jury found that the company breached the “Ultra” trademark owned by the Sony Music-owned Ultra Records.
Ultra Music Publishing is owned by Patrick Moxey, who also founded Ultra Records in 1995 and sold his remaining 50% share of the label to Sony Music in 2021. Sony brought the lawsuit against Ultra Music Publishing the following year, attesting that Moxey (who founded the publishing company in 2004) had signed away his rights to the trademark after selling his stake in the Ultra label.
At the December trial, lawyers for Sony/Ultra Records argued that the label had impliedly licensed the Ultra trademark to the publishing company but that, after terminating that license in March 2022, the publishing company had continued to use the trademark in bad faith. The jury in the case agreed, also finding that the Ultra mark was distinctive, that Ultra Music Publishing was in breach of the license and that its use of the Ultra name was “likely to dilute [Ultra] Records’ Ultra trademark.”
However, the jury also found that Ultra Music Publishing’s use of the trademark wasn’t “likely to cause confusion among [Ultra Music] Publishing’s customers, and that [Ultra] Records suffered nodamage from Publishing’s breach of the license.” As a result, the jury awarded no damages or legal costs to Sony/Ultra Records.
“Independent music companies are always facing challenges from major corporations, who are threatened more than ever by their increasing success,” said Moxey in a statement sent to Billboard following Tuesday’s ruling. “With 13 songwriters nominated across seven categories at this year’s Grammys, and their participation in winning Album of the Year, R&B Album of the Year, and Rap Album of the Year, we are proud of the many successes of the songwriters we represent. Our roster of talented writers and producers, alongside our executive team will keep doing what they do best — delivering the exceptional work that has made us who we are. Nothing changes except the name.”
Sony Music declined to comment on the ruling.
Though the trademark case is now resolved, the legal battle between Sony Music and the publisher isn’t over. Last November, Moxey’s Ultra International Music Publishing and Ultra Music Publishing Europe sued Sony Music Entertainment and its subsidiaries — including Ultra Records — over allegations of copyright infringement, claiming Sony and its affiliates had been using Ultra Publishing’s compositions without a license. Last week, Sony Music Entertainment asked a judge to throw out that lawsuit, calling the complaint an act of “retaliation” against the major label for filing its trademark suit against the publishing outfit two years prior. That case is ongoing.
Jukebox, a music platform where retail investors can buy royalty shares linked to songs like Adele’s “Rumour Has It” or Taylor Swift’s “Welcome to New York”, has appointed Mike Coppola to be its new CEO and board member, the company announced Wednesday (Feb. 26).
Coppola, previously a senior adviser at the fintech growth fund WestCap who was an executive at TouchTunes when it was acquired by Searchlight Capital, assumed the CEO role in January. He succeeds Scott Cohen, former chief innovation officer at Warner Music Group and co-founder of The Orchard, who has led Jukebox since its launch in 2022.
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Previously referred to as JKBX, Jukebox says it’s entering a pivotal new phase aimed at growing its investor base through partnerships with popular retail brokerages, and Coppola’s background and network is key to developing the company’s market presence and recruiting talent.
“Mike’s proven track record as an operator, driving growth, fostering innovation, and scaling companies across finance and technology makes him the ideal leader for Jukebox’s next chapter,” Sam Hendel, Jukebox’s co-founder/chairman, said in a statement. “Together, we are pioneering an SEC-qualified offering to take music public, unlocking investment opportunities for both institutional and retail investors. Mike is a crucial component in bringing this vision to life, and I couldn’t ask for a better partner leading this charge.”
Founded on the idea that investing in iconic music catalogs should not be exclusively available to record labels, private equity funds and institutional investors, Jukebox launched its first investment offering last year — a Tier 2 Regulation A offering approved by the U.S. Securities and Exchange Commission.
Visitors to Jukebox’s website can buy royalty shares in songs like Beyoncé’s “Halo,” Ellie Goulding’s “Burn” and “Lean On,” performed by Major Lazer, MØ and DJ Snake — and, as of this year, they can earn dividends when those songs are played. Through founders Hendel and John Chapman, whose Dundee Partners owns a controlling stake in the catalog investment company Chord, Jukebox has exclusive access to Chord’s 60,000 music copyrights that could be packaged into future offerings.
For now, Coppola tells Billboard they’re focused on growing Jukebox’s market presence and that it’s currently in a pilot phase with one major investment platform. Notably, retail brokerages such as Robinhood, Charles Schwab and Fidelity are expanding their list of alternative investment offerings beyond cryptocurrency to reach eager young investors.
In addition to reaching more investors through inclusion on those investment platforms, Coppola says the company is working through several regulatory steps to develop a secondary marketplace for Jukebox royalty shares.
“It took Jukebox a year and a half to get SEC approval, and the founders here spared no expense … to make sure they could get that done and they did,” says Coppola. “The next thing we have to build is the ability for these securities to be tradable anywhere, and not just on our website.”
Josh Groban signed with CAA in all areas. According to a press release, the singer has sold more than 35 million albums worldwide. In May, he will play an exclusive five-night run at The Colosseum at Caesars Palace in Las Vegas. Groban is managed by Diarmuid Quinn at TourDForce Productions. His attorney is Richard Leher and his publicist is Luke Burland.
Coi Leray signed a recording contract with Epic Records and signed with Cory Litwin at Range Media Partners for management. Leray released the EP What Happened to Forever on Feb. 12. She previously released music on Universal Music Group’s Republic and Island Records.
Armada Music extended its deal with D.O.D with a new long-term agreement. The British DJ/producer just released the single “Wrap Yourself Around Me” featuring NORTH. Armada is also D.O.D’s publisher via its Armada Music Publishing arm.
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Spanish electronic artist Judeline signed with WME for representation in all areas. She previously released the EP De La Luz and the album Bodhiria. Last summer, she opened for J Balvin on his European tour and is currently wrapping her second solo tour. Her upcoming set at Coachella will serve as her U.S. festival debut.
The U.K. office of Believe signed deals with three rap artists: SL, Cristal and Strandz. SL signed an artist services deal covering both frontline and back catalog, with the rapper retaining ownership of his masters and creative control. Cristale and Strandz signed distribution deals on frontline releases, with Believe providing label management, editorial and marketing partnerships at DSPs, video and audience development, and synch services.
Singer-songwriter, producer and multi-instrumentalist Cautious Clay (Joshua Karpeh) signed with Concord Records, which recently released his new single “No Champagne (6am).” Concord Music Publishing previously acquired Clay’s catalog in 2024.
Mexican singer Carolina Ross signed a record deal with Fonovisa/Universal after several years as an independent artist. Born in Culiacán, Sinaloa, the artist’s acoustic versions of regional Mexican hits have amassed more than 400 million streams, according to a press release. – Tere Aguilera
Pop-rock group Arrows in Action signed with Nettwerk, which will release the trio’s new album, I Think I’ve Been Here Before, on May 16, with a second installment of the album to follow.
Nettwerk also signed indie-pop artist Your Smith (formerly Caroline Smith) and released her new single “Peaches.”
Warner Music Group signed a global label deal with Japanese dance and vocal boy group PSYCHIC FEVER via Warner Music Japan, in partnership with 10K projects in the U.S. The group will release its first single under Warner Music in June.
Ontario, Canada, band Arm’s Length signed with Pure Noise Records, which will put out the group’s sophomore album, There’s A Whole New World Out There, on May 16. The album is preceded by the single “Funny Face,” which is out now.
Anthony Martini and Rich Barner‘s recently launched Gravel Road Records signed country artist Travis Bolt (“Never Tried Cocaine”). An EP is coming in the spring.
Melbourne-based band Tropical F— Storm signed to indie label Fire Records, which released the group’s new single, “Goon Show.”
DJ Python (Brian Piñeyro) signed to XL Recordings, which will release his forthcoming five-track EP, I Was Put On This Earth, on March 28 as part of the label’s “house bag series.” The first track to be released from the EP is “Besos Robados.”
Triple Tigers Records signed singer-songwriter and Tennessee native Shane Profitt. Profitt earned a top 20 Billboard Country Airplay hit with “How It Oughta Be” in 2023 and previously released the BMLG Records/Harpeth 60 Records project Maury County Line. He is currently in the studio working on new music and is managed by Maverick Nashville Management. The Triple Tigers Records roster also includes Scotty McCreery, Russell Dickerson and Jordan Fletcher. – Jessica Nicholson
Sony Music Nashville signed Latina country singer-songwriter Kat Luna. Luna was previously part of the duo Kat & Alex and has since released solo music including “That Girl” and “Happiest I’ve Ever Been.” She is prepping new music with producer Nathan Chapman and is represented by Neon Coast for management, UTA for booking and Warner Chappell Nashville for publishing. – Jessica Nicholson
Korean rock artist LØREN signed with L.A.-based label AYLA. LØREN previously worked as a songwriter on BLACKPINK’s The Album, including the tracks “Pretty Savage,” “You Never Know” and “Lovesick Girls.”
Warner Classics signed the all-women vocal ensemble Lyyra. The first release under the deal will be a digital single of Vienna Teng’s song “Hymn of Acxiom,” which will be released on March 7 to celebrate International Women’s Day.
Smart Music Group (SMG) has entered into a contract with Grupo Arriesgado, Billboard Español can exclusively reveal Tuesday (Feb. 25). Co-founders and artist managers, Raczon López and Natalia Corona — also honorees on last year’s Latin Power Players list — have launched a new label focusing on this five-member band that is currently gaining traction on social media platforms.
Originally formed in late 2013 on a ranch named Costa Rica in Culiacán, Sinaloa, and initially led by former frontman turned soloist Panter Bélico, Grupo Arriesgado gained popularity with hits such as the accordion-infused “Jimenez” (2021), “El H,” and “Enloquecido” (2022). With César Alfonso stepping in as the new lead vocalist, they have secured significant radio play and impressive digital platform statistics, amassing 4.7 million monthly listeners on Spotify and maintaining a vigorous schedule of live performances.
Their digital presence is equally robust with 882,000 followers on Instagram, 1.1 million followers and 23.8 million likes on TikTok, and a strong YouTube following with 472,000 subscribers and over 600 million views. Jesús Cuadras (electric bass), César Soto (bajo sexto), Alfonso Rodríguez (second voice) and Ángel de León (drums) also make up the band.
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“Our relationship with Grupo Arriesgado began with the promotion of their three most recent releases, which allowed us to increase their audience on Spotify to almost 5 million monthly listeners and accumulate 35 million views on the main platforms,” López tells Billboard. “For this reason, the group wanted to take its relationship with Smart Music Group (SMG) to the next level and we have signed an agreement that makes us their representatives.”
He adds: “From now on, we will provide a comprehensive strategy that combines digital growth with presence in traditional media. This work will consolidate Grupo Arriesgado as one of the most important groups in regional Mexican.”
López and Corona have recently managed the 2024 global breakout star Xavi, who topped Hot Latin Songs with “La Diabla” and secured the No. 2 spot with “La Víctima” on the same chart, and other notable achievements. Under the pair’s management, Xavi also clinched the Artist of the Year (New) award at the 2024 Billboard Latin Music Awards. The duo also managed newcomer Drian.
With this new partnership, Grupo Arriesgado has embarked on a fresh phase with the release of “De Aquí Soy” (2025) and “Qué Chulada” (2024), two singles that mark a shift toward a more romantic and melodic style.
Listen to “De Aquí Soy” below.