Deals
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All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Cyber Monday marks one of the last days ahead of the holiday season when you can take advantage of major savings […]
Concord Music Publishing has signed Amaarae to a global publishing deal, in partnership with Immensum Music. This deal includes the Ghanian-American pop artist’s full catalog and all future works, including Fountain Baby, released earlier this year.
One Two Many (OTM) Music has signed Grammy-nominated producer Dot Da Genius to an exclusive global publishing deal, including both his back catalog and future works. This includes songs the producer has made with Steve Aoki, Don Toliver, Denzel Curry, JID, and Kid Cudi.
Warner Chappell Brazil has acquired a catalog from music publishing company Deck, which covers over 10,000 musical compositions by Pitty, Chico César, Falamansa and Sorriso Maroto, among other artists. The deal was first reported by POPline. According to the website’s report, the agreement between Warner and Deck — record label and publisher founded in 1998 — is one of the largest in Brazilian music.
Warner Chappell Music U.K. and Transgressive Publishing have renewed their joint venture partnership, which has been going for the last 17 years. The extension marks Warner Chappell’s longest-standing JV to date. Along with this news, Transgressive has also announced a new deal with the Foals for their catalog, side projects and future recordings.
Avex USA Publishing and The Revels Group’s Coup D’Etat Music have entered a joint venture to sign Victony to a global deal. A trusted collaborator of Rema, Burna Boy, Don Toliver and more and creator of viral hit “Soweto,” Victony is an essential part of the rising popularity of Afrobeats worldwide.
Peermusic has acquired Arctic Rights Management (ARM), the largest indie publisher in Norway. The deal will give peermusic the publishing rights to ARM’s 5,000+ recordings and compositions. This includes the publishing interest in songs like “Don’t Start Now” and “New Rules” by Dua Lipa and “365” by Zedd and Katy Perry.
Kobalt has signed U.K.-based songwriter and producer Toby Scott to a global publishing administration deal. Scott is an in-demand collaborator in the dance space and his discography includes songs with Galantis, David Guetta, Tiesto, Alok, Dom Dolla, Anyma, D.O.D, Jax Jones, Purple Disco Machine, Martin Solveig, Sophie and the Giants and Robin Schulz.
Warner Chappell Music and Tape Room Music has jointly signed country songwriter and producer Casey Brown to a global publishing deal. Over the course of his career, Brown has worked with Parmalee, Russell Dickerson, Dierks Bentley, Ashley McBryde, Keith Urban, Thomas Rhett, Tyler Hubbard, and Lauren Alaina.
Sentric Music Group has signed electronic musician and composer Amon Tobin to a worldwide publishing administration deal. To date, Tobin has released 17 studio albums, first under Ninja Tune and now under his own label Nomark, and his songs have appeared in films like The Italian Job, 21 and Rampart, Divine Intervention, Taxidermia, Splinter Cell, Infamous and more. As part of the deal, Sentric will represent Tobin’s catalog for synch opportunities.
Warner Chappell Music has signed Jenee Fleenor to a global publishing deal. The first woman to be nominated and win Musician of the Year at the 2019 CMA Awards, Fleenor is an in-demand fiddler, playing on top country songs like “I’ll Name the Dogs” by Blake Shelton, “Heartache Medication” by Jon Pardi, and “Til You Can’t” by Cody Johnson. She also releases music as an artist in her own right, beginning with 2019’s “Fiddle & Steel” and is part of a supergroup called the Wood Box Heroes.
Rogét Chahayed‘s TruSauce Publishing has signed rising producer Brandon Shoop to a worldwide publishing deal. Based in Los Angeles, Shoop’s credits include “Cybah” by Syd & Lucky Daye, “Moonlit Breakers” by Paul Dally & Dijon, “Lip Service” by Cautious Clay, “Sleeping With My Friends” by GAYLE, and Chloe George’s “Ghost Town.”
Round Hill Music Royalty Fund’s shareholders voted on Wednesday to sell the fund’s assets to U.S.-based music company Concord in a deal that values the company at $469 million. Of the 69% of Round Hill Music shareholders who were eligible to vote, 99% voted to approve the sale, which fund chairman Robert Naylor called a […]
Universal Music Publishing Group (UMPG) has announced a worldwide publishing agreement with Sabrina Carpenter, Billboard can announce exclusively. The news comes in between international stadium dates for Carpenter, who is opening for Taylor Swift‘s Eras tour through the remainder of the year. “I am so thrilled to have joined the UMPG family and to be […]
Litmus Music, a catalog rights company backed by private-equity giant Carlyle Group LP, said on Monday (Sept. 18) it acquired the rights to Katy Perry’s five studio albums released for Capitol Records, including her Grammy-nominated Teenage Dream.
According to sources, Litmus paid $225 million for Perry’s stake in the master recording royalties and music publishing rights to her five albums released between 2008 and 2020—One of the Boys, Teenage Dream, PRISM, Witness and Smile. Litmus declined to comment on the deal terms.
Perry’s catalog sale, finalized earlier this year, follows other 2023 music rights deals like Justin Bieber’s $200-million sale to Hipgnosis Songs Capital, demonstrating that household name artists can still command top dollar even as high interest rates moderate investors’ appetites for song rights.
From her breakout single “I Kissed A Girl” in July 2008 to the five chart-topping songs from 2010’s Teenage Dream, Perry has notched a total of nine No. 1s on the Billboard Hot 100. During a musical era that saw major hits from other female pop stars like Lady Gaga, Beyoncé, Rihanna, Taylor Swift, and Adele, Perry remains the first woman and only second artist ever (after Michael Jackson) to send five songs from the same album to the summit of the Hot 100. Those songs are “California Gurls,” “Firework,” “E.T.,” “Last Friday Night (T.G.I.F.)” and “Teenage Dream.”
In addition to releasing 2017’s Witness and 2020’s Smile, Perry is winding down a blockbuster Las Vegas residency that she started in late 2021.
The “Roar” singer’s professional relationship with Dan McCarroll, Litmus co-founder and chief creative officer, dates back to 2010 when McCarroll was president of Capitol Records, the company said.
“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy,” McCarroll said. “I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.”
Launched in August 2022 with a $500-million-investment from Carlyle’s Global Credit Platform, Litmus has acquired publishing and recording rights of artists from a range of genres, including Keith Urban‘s master recordings and a package of publishing and performance copyrights from super producer benny blanco.
Hank Forsyth, Litmus co-founder and chief executive officer, called Perry’s “essential” songs “part of the global cultural fabric.”
“We are so grateful to be working together again with such a trusted partner,” said Forsyth, an industry veteran previously of Warner Chappell and Blue Note.
“We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic songs have not only achieved outstanding commercial success but have significantly influenced popular culture,” said Matt Settle, managing director at Carlyle.
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes.
Labor Day is quickly approaching, and besides a long weekend to look forward to, there are also major deals to anticipate. Before you scour any Labor Day deals on Amazon, let us direct you to Best Buy for a moment. Every day, the retailer offers up what it calls its Deal of the Day, which spotlights one highlyrated product at a slashed price for 24 hours — and today it’s serving $90 off a popular external hard drive.
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For more product recommendations, check out our roundups of the best Amazon Fire TV deals, Apple Watch deals and commuter gadgets.
The Raine Group has raised $760 million for investments in fast-growing start-ups in the telecommunications, media and technology space, the London-based investment and advisory firm said on Thursday.
Raine Group raised the money for the new Raine Partners IV fund from public pension plans, sovereign wealth funds, family offices and others. The fund’s first investment was the mobile games developer Tripledot Studios, according to a statement.
With nearly $4 billion in assets under management, Raine Group has grown since its 2009 founding to serve as an adviser or investor in some of the biggest deals in sports, media and entertainment.
Earlier this year, it advised pro wrestling giant WWE on its $21 billion combination with Endeavor and on the estimated $300-million sale of Quality Control to HYBE America.
The Raine Group’s music investment and advisory team — Fred Davis, Joe Puthenveetil and Rob Frech — have invested in SoundCloud and Firebird Music Holdings, and also worked as advisors to Francisco Partners when it acquired Kobalt and helped Larry Jackson raise $1 billion in capital for his new venture, gamma.
The Raine Group also owns stakes in DraftKings, Moonbug, Imagine Entertainment, TelevisaUnivision and VideoAmp.
Similar to its predecessor funds, Raine Partners IV will invest in growth-stage media and technology companies, with a particular focus on sports, media, entertainment and gaming.
The Raine Group co-founder and partner John Salter said they chose Tripledot Studios for the fund’s first investment because it’s “one of the strongest (companies) in casual gaming.”
“As a highly profitable business with more than 400 staff and about 50 million monthly active users, we look forward to actively working with their team to drive continued growth in the casual gaming market,” Salter said in a statement.
Pulse Music Group, which already houses music publishing and artist management arms, has started Pulse Records with Concord. Pulse Music Group co-CEOs Scott Cutler and Josh Abraham, along with Ashley Calhoun, president and head of creative, will lead the label, which will be part of Universal Music Group-distributed Concord Label Group.
The deal builds on a partnership between Pulse and Concord started in 2020 when Concord’s music publishing division acquired a stake in Pulse Music Group to form a joint venture that included Concord administering Pulse’s catalog and future signings.
Pulse is in talks with a number of acts to join its label roster. “We have been looking to grow our Pulse Music Group brand into the records space for a while now. Given our background as producers and songwriters in our own right, we bring a unique perspective to working in the label space—but we knew we had to get our footing right,” said Abraham and Cutler in a joint statement. “Now with the 15-year success of our publishing division, a company we have built from scratch, we are surrounded by the very best in emerging talent and a highly curated roster.”
The pair added, “With Pulse Records we will continue to set a very high artistic bar. In addition to launching emerging talent, we have plans to work with artists that helped to redefine genres with whom we have created very strong relationships over the years that will soon be coming out of their existing deals… It takes the right business partners to build a business like this, and we couldn’t be happier to have the backing of Concord and the support and business acumen of its senior leadership team as we continue to grow Pulse Music Group and launch Pulse Records.”
Bob Valentine, Concord’s incoming CEO (he replaces outgoing CEO Scott Pascucci, effective July 1), added, “Scott, Josh, Ashley, and the team at Pulse have been a great collaborator with Concord in publishing some of the highest charting songs in the world. Globally recognized as one of the leading frontline creative teams and first-class incubators for culturally relevant music, Pulse Music Group is a company that Concord continues to greatly admire, and we couldn’t ask for more exceptional business partners as we work to launch Pulse Records.”
Pulse Records’ growing staff also includes senior vp/head of marketing Lauryn Caldwell, who joins from mtheory, where she was vp of marketing and artist partnerships. Sarah Ahmed, who was previously senior director of marketing at Atlantic Records, comes aboard as vp of marketing. Tazita Makuria, who joined Pulse in 2022, has been named vp of creative for both the publishing and label divisions, while former Almo Records exec Bel Masbahi will serve as creative director of A&R for both divisions.
Pulse Music Group, which Cutler, Abraham and songwriter Anne Preven started in 2007, has been on a hot streak lately. Isaac “Zac” De Boni & Michael “Finatik” Mulé (who goes by FNZ) took home song of the year honors at BMI Pop Awards for The Kid LAROI & Justin Bieber’s “Stay,” while Tyler Johnson won the Ivor Novello Award for co-writing for Harry Styles’ “Stay.” Angel Lopez co-wrote “First Class” by Jack Harlow, while Gregory “Aldae” Hein co-wrote Miley Cyrus’s “Flowers.”
Street Mob Records has signed a worldwide deal with Cinq Music to distribute the label and expand its opportunities in branding, sponsorships, merchandising and synchronization. The deal will also include new talent discovery for Street Mob Records.
Founded by Fuerza Regida’s frontman Jesús Ortiz Paz (a.k.a. JOP), Street Mob Records’ artists include Chino Pacas, Calle 24, Ángel Ureta, Chuy Montana, Linea Personal and more rising regional Mexican music — or música mexicana as it is also called — acts.
“We have worked with Cinq for years and know that they’re committed to the genre,” said Paz in a statement to Billboard Español. “It’s only natural that we should partner with them to grow and expand Street Mob – combining their infrastructure, experience, and reach with our talent.”
“We bet on people, not just music, and it’s obvious that Jesus Ortiz Paz is going to carry his success as an artist into his label,” added Cinq Music president Barry Daffurn. “We are excited to team up with Street Mob Records to accelerate their growth. Cinq already brings billions of streams a month to the music world – now, we’re going to add incredible fuel to that fire with these important artists.”
Since 2018, Cinq Music has also been working with Rancho Humilde — Fuerza Regida’s label — another independent label at the forefront of música mexicana’s recent growth.
“Regional Mexican [music] is one of the hottest and fastest genres in the world right now, so to have that relationship with someone like Jesús means a lot to us,” continued Daffurn. “From the time we first started working in regional Mexican music, and the first time I sat down with Jimmy [Humilde] of Rancho Humilde, our goal was to bring this music global. The vision at that point was not to make it regional Mexican music, but more música mexicana, expanding it outside that network, to all the countries outside of [Latin America.] Corridos are leading that global expansion.”
Earlier this month, Street Mob Records and Cinq Music teamed up to release Chino Pacas’ “Yo Preferí Chambear,” which was the premiere of their new partnership. The video already racked up 2.1 million views on YouTube since it dropped 11 days ago.
In March, Chino Pacas entered the Billboard Hot 100 with “El Gordo Trae El Mando,” the artist’s first entry in the historic, all-genres chart.
“We’re operating as a distributor, from a technical standpoint, but as a company, we don’t work with everyone. The artists and labels that we do work with are very high touch,” said Daffurn. “We’re helping them with administrative support, full service marketing, and there’s money involved to make investments so they can build their own infrastructure and grow that way.”
Fuerza Regida earned its first entry on Billboard Hot 100 in January with “Bebe Dame” alongside Grupo Frontera, a romantic cumbia jam with a grupera swing that peaked at No. 25. Since then, they’ve placed three other tracks on the all-genres chart, “Ch y La Pizza” with Natanael Cano, “Igualito a Mi Apá” with Peso Pluma, and their latest “TQM” on their own.