The Deals
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Sony Music Entertainment Korea signed a deal to distribute the roster of K-pop label Attrakt, including its most successful act, FIFTY FIFTY. Sony Korea will also oversee global marketing campaigns and business development initiatives for the company, while Arista Records will handle U.S.-based marketing and distribution. FIFTY FIFTY has a new album slated for release at the end of September.
Apple Music partnered with Indian telecom giant Bharti Airtel in a deal that will give the latter company’s customers access to Apple Music later this year by bundling it with Bharti Airtel’s Wynk Music platform, greatly expanding the streamer’s footprint in the world’s most populous country. Access to Apple TV+ is also included in the agreement for Bharti Airtel’s Xstream customers.
Flo Rida and his JettSet1 Enterprises struck a partnership with High Point Gamer, Dash Media Partners and executive producer Damon Jones that’s aimed at building out the gaming lifestyle segment for underserved communities globally, including by increasing educational and career opportunities to those communities in the gaming and tech sectors. Under the deal, the partners also plan to tour High Point’s Madden God tournament series and other console games via a festival-style model. “Together, we’re building career pipelines that will empower the next generation of leaders in gaming and entertainment,” said High Point Gamer co-founder Derek Watford in a statement, adding that the Madden God 4 tournament will be held at Raymond James Stadium in Tampa, Fla. at the end of the year.
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Seat Unique, an online platform that connects fans with hospitality packages and premium tickets for live events, raised 14.5 million pounds ($19.04 million) as part of an extended Series A funding round led by Nickleby Capital. The funds will be used to further develop the Seat Unique platform, expand its reach into new sectors and more.
Myst Music, a label dedicated to showcasing South Asian music to a global audience, announced a global distribution and label services deal with The Orchard. Under the agreement, Myst artists will have access to The Orchard’s full suite of artist and label services. Sri Lankan musician, actress and model Jacqueline Fernandez will be the first artist to release music under the deal later this month.
Three Norwegian indie labels — PropellerRecordings, IndieRecordings and 777 Music — merged to form the new label group Sounds Like Gold. Headquartered in Oslo, Norway, the label group will be partnered with Virgin Music Group worldwide. The company is being managed by the founders of Propeller Recordings, Indie Recordings and 777 Music to provide distribution, marketing, administration and creative support to executives working with artists including boy pablo, Highasakite, Gåte and Jan Eggum. The management team includes Kristine Bjørnstad and Tim Dunham, the founders of 777 and former heads of Virgin Music Group’s Nordic operation. Additionally, Sounds Like Gold has assumed operations of the historic record label Grappa and its affiliates, with Grappa founder Helge Westbye serving as the label group’s chairman of the board.
Independent distributor IDOL signed a global partnership with Berlin-based indie label City Slang. Under the deal, IDOL will handle digital distribution, digital marketing and audience development for City Slang’s frontline and catalog releases globally. IDOL will service Caribou’s upcoming album Honey, due out Oct. 4, along with music from Eferklang, Faux Real, Jessica Pratt, Lambrini Girls, Los Bitchos, SPRINTS, Calexico, Tindersticks and Lambchop.
Indie hip-hop label Backwoodz Studioz signed a global distribution deal with Rhymesayers Entertainment that will bring Backwoodz’s catalog to retailers for the first time, including releases by Armand Hammer, billy woods, Kenny Segal, Blockhead, ELUCID, Cavalier, ShrapKnel, Moor Mother, AKAI SOLO, Fatboi Sharif and Fielded. The first release under the deal will be a reissue of artist and Backwoodz founder billy woods and Kenny Segal’s 2019 album Hiding Places on Sept. 27th. “For much of the last ten years, our physical distribution network has been an a la carte affair, working with a variety of different entities on a case-by-case basis,” said woods in a statement, adding, “This distribution partnership should benefit our artists by bringing all our titles under one umbrella, thus simplifying and streamlining our operations, while simultaneously increasing our reach and marketing abilities.”
Licensing platform Soundstripe partnered with DAACI to launch its new AI song editing feature. The tool “analyzes a song and instantly identifies its short, self-contained sections,” allowing editors to rearrange, loop, add or delete those sections in-browser to produce different variations and mixes of a track, according to a press release. They can then download them to insert into their projects. Soundstripe also saves the Content ID of the original track, “keeping producers within the parameters of the original license while editing the track,” the release adds.
iHeartMedia and TelevisaUnivision struck strategic media partnerships with Airtasker, a global marketplace for local services including home repairs, pet care and event planning. iHeart will contribute $5 million in audio advertising media in exchange for a four-year, $5 million convertible note with a 5.0% coupon rate. Univision will invest $4.75 million in terrestrial and digital broadcast services for 17.2% equity in Airtasker.
Turntable Labs secured $8.2 million in seed funding ahead of the public launch of its new social music platform Hangout, which allows music fans, coworkers and more “to gather, DJ together and interact in a playful virtual setting,” according to a press release. The round, which will be used to expand Hangout’s engineering infrastructure team, was led by Founders Fund, Elizabeth Street Ventures, 468 Capital and f7 Ventures, with contributions from angel investor Michael Giumarin, CEO of WordOut. Created by Turntable.fm co-founder Joseph Perla, Hangout boasts virtual DJ booths that allow users to privately spin selected tracks for themselves and their friends while also offering “public themed rooms based on their tastes and interests.” The platform, which is slated for a full public launch later this year, also offers custom digital avatars and chat options.
Canada’s ACTRA Recording Artists’ Collecting Society (ACTRA RACS) partnered with no-code metadata platform Noctil to streamline the ingestion and processing of artist and sound recording metadata. The move is designed to improve the accuracy and efficiency of ACTRA RACS’ operations. Noctil uses AI and machine learning technologies to improve matching and identification, leading to faster and more accurate royalty distributions to artists and performers.
Sony Music Masterworks acquired a majority stake in Black Sky Creative, a company that produces immersive entertainment, experiential retail and live experiences for IP and brands. Black Sky will become part of Masterworks’ live division and focus on creating scalable experiential properties across music, film/TV, gaming and more. Black Sky founder Jeff Delson will continue leading the company’s day-to-day operations, while his partners Lee Rosen and Shannon Ramirez will work to develop new projects for Masterworks in close collaboration with Masterworks president Mark Cavell.
Independent label Oh Boy Records inked a worldwide distribution deal with Secretly Distribution. Oh Boy Records was founded in 1981 by singer-songwriter John Prine and continues to be run by the late artist’s family. Oh Boy’s catalog includes albums from Prine, Kelsey Waldon, Swamp Dogg, Alice Randall and Arlo McKinley. Oh Boy artist Dan Reeder’s album Smithereens and music from folk trio Palmyra will be among the first new Oh Boy titles to be handled by Secretly Distribution’s global team and distribution network. – Jessica Nicholson
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Audio Chateau Records, the new label launched by Audio Up Media, raised $4.5 million in funding from investors including Glen Barros, Gillian Hormel and Jonathan Schulman. The label also announced part of its leadership team, with Baros (a managing partner at Exceleration Music) and Schulman acting as Audio Chateau’s first appointed board members. Elsewhere, Grayson Flatness (formerly of Sounds Good) joins Audio Chateau as an A&R consultant and Kate London has been named head of legal & business affairs, a role she also serves at Audio Up Media. Audio Chateau’s artist roster includes Grupo Linea, Uncle Drank, Randy Savvy of the Compton Cowboys and Maejor Audio Sunshine, described in a press release as a “health and wellness supergroup” that features Audio Up founder Jared Gudstadt along with artists Maejor and Bipolar Sunshine.
ADA partnered with former Hall of Fame athlete and banker Travis Wilson‘s FTS Global Management to provide global distribution for FTS’ artists, including The Game, Eric Bellinger and Konshens.
Resale marketplace Tixel partnered with Stuart Galbraith‘s U.K. concert and festival promoter Kilimanjaro Live. Through the deal, Tixel will provide Kilimanjaro with tools that enhance transparency and fairness, including dynamic pricing and secure resale options for fans, while offering insights into Kilimanjaro’s customer base. “We are thrilled to announce Tixel as our partner on a number of KMJ shows,” said KMJ Entertainment head of partnerships Elliott Brough in a statement. “This collaboration marks our first steps towards offering safe ticket resale for fans who can’t attend and ensuring that live music enthusiasts are not exploited by touts. Partnering with Tixel not only provides us with valuable data but also opens up opportunities to develop unique strategies for our future events. “
Spotify partnered with anime brand Crunchyroll, which will now have custom “Curated by Crunchyroll” playlists within Spotify’s Anime hub as well as a “dedicated shelf of content” within the hub, including Crunchyroll podcast Crunchyroll Presents: The Anime Effect. The hub will also boast an editorially curated lineup of playlists including Anime Now, Anime on Replay and Women of Anime. “We are thrilled to partner with Crunchyroll to bring listeners a new curation of anime music to explore,” said Kyota Onishi, Spotify’s head of music in Japan, in a statement. “On Spotify, global streams of anime have surged over the past few years, and we hope the Anime hub will become an indispensable part of anime culture.”
French streamer Deezer signed a multi-year joint distribution partnership with global sports streaming service DAZN. Starting in France, Deezer users will be offered premium access to DAZN, with DAZN offering similar access to Deezer users later in the year. Through the agreement, both companies will collaborate through marketing initiatives and create co-branded sports and music experiences. A global expansion is planned down the road, starting with Germany, Austria and Switzerland.
Synchtank, which provides asset, rights and royalty software for the music business, struck a partnership with AI-based stem separation and lyric transcription company AudioShake. Through the deal, Synchtank users will be able to create AudioShake stems directly within their workflows that can then be used for remixes, immersive mixing, fan engagement and more. “Sync deals move fast, and in this industry it’s critical for artists and labels to act quickly,” said AudioShake co-founder/CEO Jessica Powell in a statement. “AI stems help prevent rightsholders from missing out on opportunities and revenue in sync, marketing, or fan engagement. Partnering with Synchtank allows us to bring high-quality sound separation directly into the workflow of rightsholders globally.”
Virgin Music Group partnered with Riot Games to release the soundtrack album for season 2 of the Riot Games animated series Arcane on Netflix. Virgin will distribute the album globally with the exception of China, where Tencent will distribute. The Emmy-winning Arcane, whose first season debuted on Netflix in November 2021, centers on two champions from Riot’s League of Legends game. Season 1 featured Imagine Dragons’ “Enemy” as its theme song, with the overall soundtrack racking up more than 5.6 billion global streams, according to a press release. Season 2 is set to debut in November, with the soundtrack album dropping sometime this fall.
Universal Music Group (UMG) reached a strategic agreement with ProRata.ai, a new company that enables generative artificial intelligence platforms to fractionally attribute and compensate content owners. Bill Gross, chairman of technology incubator Idealab Studio — which launched ProRata — will serve as CEO. ProRata’s technology allows generative AI platforms to attribute and share revenues on a per-use basis with content owners while preventing “unreliable content from driving AI answers,” according to a press release. In addition, ProRata is building a consumer AI answer engine set to launch this fall that will feature the company’s attribution technology.
“Current AI answer engines rely on shoplifted, plagiarized content,” Gross, the inventor of the pay-per-click monetization model underlying internet search, said in a statement. “This creates an environment where creators get nothing, and disinformation thrives. ProRata is pro-author, pro-artist and pro-consumer. Our technology allows creators to get credited and compensated while consumers get attributed, accurate answers. This solution will lead to a broader movement across the entire AI industry.”
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In his own statement, UMG chairman/CEO Lucian Grainge said, “We are encouraged to see new entrepreneurial innovation set into motion in the Generative AI space guided by objectives that align with our own vision of how this revolutionary technology can be used ethically and positively while rewarding human creativity. Having reached a strategic agreement to help shape their efforts in the music category, we look forward to exploring all the potential ways UMG can work with ProRata to further advance our common goals and values.”
Along with UMG, ProRata has struck early agreements with media publishers including the Financial Times, The Atlantic and Fortune.
In describing the technology, the release reads: “ProRata’s technology analyzes AI output, measures the value of contributing content and calculates proportional compensation. The company uses a proprietary algorithmic approach to score and determine attribution. This attribution method enables copyright holders to share in the upside of generative AI by being credited and compensated for their material on a per-use basis. Unlike music or video streaming, generative AI pay-per-use requires fractional attribution as responses are generated using multiple content sources.”
ProRata is in “advanced discussions” with additional news publishers, authors, and media and entertainment companies. The company’s leadership team and board of directors include executives who have held senior roles at Microsoft, Google and Meta, as well as Michael Lang, the president of Lang Media Group and one of the founders of Hulu. Early investors include Revolution Ventures, Prime Movers Lab and Mayfield.
Immersive technology, media and entertainment company Cosm raised more than $250 million in funding to drive the growth of its “Shared Reality” venues — described in a press release as an “experience that seamlessly bridges the virtual and physical worlds by merging state-of-the-art visuals with the energy and excitement of the crowd and elevated food and beverage service.” The new funding round includes existing investors Steve Winn and Mirasol Capital and first-time investors Avenue Sports Fund led by Marc Lasry, Dan Gilbert‘s ROCK, Baillie Gifford, and David Blitzer‘s Bolt Ventures. Cosm will use the funds to scale, grow its technology and media business units, and speed up the development of more Cosm venues worldwide. The second Cosm venue is slated to open in Dallas later this year, with a third in Atlanta recently announced. “Cosm venues are a new paradigm in live sports, music, and artistic entertainment,” said Chris Evdaimon, investment manager at Baillie Gifford, in a statement. “The mesmerizing viewing experience guarantees the Cosm customer the best seats in the arena and the best viewing angle at any moment of the live event, at an affordable ticket price.”
HYBE Interactive Media (HYBE IM), the interactive media and games division of the storied K-pop company, raised $80 million in a round led by Makers Fund with participation from IMM Investment and parent company HYBE. The funds will be used to expand the company’s games publishing and development efforts, allowing HYBE IM to invest in more games, introduce them in global markets and bolster the division’s in-house development capabilities. HYBE IM’s previously-released titles include Rhythm Hive and BTS Island: In the SEOM. It’s also signed publishing contracts for Macovill’s OZ Re:write and Flint’s RPG Astra: Knights of Veda.
Believe acquired Doğan Music Company, Turkey’s largest independent record label, four years after purchasing a 60% majority stake in the company in 2020; it acquired the remaining 40% of the company for 38.3 million euros ($41.84 million). The transaction is pending approval by the competition regulator.
The U.K. office of Believe signed a global services deal with electronic music brand fabric. Under the agreement, fabric joins the client base of b:electronic, Believe’s electronic music imprint and part of the company’s label & artist solutions division. B:electronic will provide genre specialist label management, video and audience development, editorial and marketing partnerships internationally, and distribution for both catalog and new releases. Fabric’s labels include fabric Originals, fabric Records and Houndstooth, while a new imprint is slated to launch in the near future.
Beatchain partnered with Indian radio network Radio City India to launch Muzartdisco, a digital platform and app that will allow Indian artists to release and promote their music using Beatchain’s A&R tool and artist services platform. Through the platform, artists can also compete for opportunities including studio sessions; mentoring; collaborations with established artists, writers and producers; radio breakout campaigns, social media shoutouts and other opportunities courtesy of Radio City India; and more. Meanwhile, A&R teams using the platform will be able to find artists using a tailored filtering process that makes it easier to find talent that aligns with their mission and niche. According to a press release, Radio India is the country’s leading radio network, boasting a listenership of more than 69 million across 39 cities.
Sports and entertainment collectibles company Panini America partnered with The Rolling Stones to produce the first fully licensed, career-spanning trading card set for the band. Titled Prizm The Rolling Stones, the set will chronicle the Stones’ 60-year recording and touring history, with additional collections to come.
AEG Presents partnered with Jacobs Entertainment — a developer, owner and operator of gaming and entertainment facilities — on Globe Iron, a new indoor 1,200-capacity venue in Cleveland that was once home to the Globe Iron Works Foundry built in 1853. AEG, which will operate and exclusively book the venue’s programming, already books and operates two other Cleveland venues: the Agora Theatre and the Jacobs Pavilion.
Indie record label The Programm, led by Peter “S.Y.” Pestano, struck a joint venture with LLC4/Capitol Records to break new artists, starting with Mexican-American rapper NHC Murda 60x. The joint venture will be steered by Orlando Wharton, executive vp at Capitol Music Group, president of Priority Records and CEO of LLC4. NHC Murda 60x and other Programm artists will have the potential to be upstreamed under the deal.
Independent entertainment company Unity 7 Entertainment announced a distribution partnership with Forecast Music Group (The Orchard/Sony), which will provide global distribution, marketing and promotional support for Unity 7’s artist roster. The partnership will kick off with the release of hip-hop artist Alantra’s debut single, “Get It,” which is set to drop on Sept. 5.
AI-powered, ethically-trained music generation company Soundful teamed with SoundCloud and Kaskade on an AI songwriting competition that will offer the winner a chance to perform alongside Kaskade and have their winning track completed and released by Kaskade as a featured artist.
South Korea-based music distributor YG PLUS, a subsidiary of K-pop powerhouse YG Entertainment (BLACKPINK, BabyMonster), signed a licensing deal with African streaming and download service Boomplay that will bring YG’s catalog to the platform. According to a press release, Boomplay boasts 70 million users. “We look forward to a successful partnership with YG PLUS that will bring their catalogue to new listeners and help connect their artists with music lovers and fans in the African region,” said Boomplay in a statement.
Hitmaker Distribution struck a distribution deal with indie label Blac Noize! Recordings, in which Hitmaker founder/CEO Tony Bucher is a partner. Blac Noize’s roster includes HitKidd, Jdot Breezy, Nevi, Toure and Marc Nasty.
Tunespotter, an audio-visual clip database that allows users to search, listen to and view “synch moments” from movies, TV shows, trailers, games and commercials, acquired What-song.com. The deal effectively combines “the data and search power of two leading music search platforms – letting users see, hear, and learn more about sought-after TV or movie moments in a single, easy-to-use place,” according to a press release. “The database we’ve established gives Tunespotter an immediate aggregator and audience,” added What-song.com founder Tom Andrew. “Their ability to empower the user journey with their incredible visual tool chest and social app capabilities extends our reach and consolidates our strengths, positively impacting consumers with more rewarding, long form engagement.” Tunespotter claims that What-song.com attracts more than 1 million unique users per month.
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Warner Music Brazil invested in and partnered with Sua Música Group, which owns the Sua Música Brazilian music platform and distributor Sua Música Digital. Through the deal, the companies will team up to develop regional artists and songwriters. According to a press release, Sua Música Digital manages the digital careers of and handles royalty management for more than 1,000 artists across Brazil, including Tarcísio do Acordeon, Vitor Fernandes and Thiago Aquino. “The combination of Sua Música’s significant presence in regional music with our national reach and global network will amplify the efforts of both companies and offer artists new creative and commercial possibilities and opportunities,” said Warner Music Brazil president Leila Oliveira in a statement.
Private equity company Goldman Sachs Alternatives acquired a majority stake in live experiences company TAIT from Providence Equity Partners, subject to regulatory approvals. No financial details were disclosed. “Goldman Sachs’ network and expertise will enable us to grow our global footprint and offerings, empowering the company to better serve clients, drive innovation, and pioneer new technology,” said TAIT CEO Adam Davis in a statement announcing the deal. TAIT has worked with artists and brands including Taylor Swift, Cirque Du Soleil, Beyoncé, Royal Opera House, Nike, Google and The Olympics.
Downtown-owned business-to-business distributor FUGA announced partnerships with three U.K. music companies: One House, drum and bass label Critical Music and Berry’s Room, an imprint of British-Nigerian Afrobeats artist Maleek Berry. One House (Eliza Rose, Pretty Girl) will take advantage of FUGA’s global distribution and marketing services, including physical distribution, synch, YouTube channel management and access to FUGA’s trends and analytics platform. Critical Music (QZB, Mefjus, Waeys, Ivy Lab) will use FUGA’s global distribution and marketing services to support its current and future releases. And Berry’s Room will utilize FUGA’s distribution, marketing and YouTube channel management services for Berry’s catalog and the release of his upcoming debut album; FUGA will als help the imprint support other Afrobeats artists.
Shamrock Capital‘s Content Strategy division acquired a film, TV and music portfolio from Vine Alternative Investments. The portfolio boasts an ownership interest in more than 450 songs, according to a press release. Shamrock would not confirm which songs were included in the deal.
Producer and creative executive RedOne’s 2101 Records imprint signed a distribution deal with Vydia, a distribution service under the gamma. umbrella. Vydia will support 2101’s roster and manage the rights and distribution of RedOne’s back catalog.
Independent dance music label Armada Music partnered with electronic music duo Deep Dish in a deal that will see Armada managing part of Deep Dish’s music catalog — namely, the duo’s 2005 album George Is On. Through the deal, the album returned to DSPs and download portals worldwide on Friday (July 19) for the first time in several years.
Global growth firm Triple G Ventures, led by CEO Gregg Stein, announced a partnership with Revelator, which provides digital IP infrastructure to independent music businesses. Through the deal, Triple G will help to enhance Revelator’s market presence, drive growth and increase awareness of Revelator’s end-to-end digital rights and royalty management solutions. Stein will also now serve as Revelator’s new chief marketing officer.
Ticketmaster partnered with Shazam for a deal allowing artists to link to their Ticketmaster-listed events directly in the Shazam app. Through that integration, Shazam users will be able to see where that artist is playing and buy tickets to their show “with just a few clicks” after Shazaming their music, according to a Ticketmaster blog post. The ticketing giant previously announced similar integrations with TikTok and Snapchat.
Fraud detection company Beatdapp Software partnered with Beatport, a digital service that offers high-quality downloads for DJs to use in live sets, in a deal that aims to banish fraudulent activities on Beatport by integrating Beatdapp’s fraud detection technology into the platform. “We launched streaming products under the Beatport and Beatsource brands in 2019, and despite the fact that they have not historically been a target for streaming fraud, suspicious activity has been on the rise in recent months,” said Helen Sartory, chief revenue officer of The Beatport Group, in a statement. “Although our fraud rates still remain half that of the industry average, we rely on accurate streaming data not only to preserve fair compensation to artists and labels, but also for track recommendations and analytics. We are excited to be able to work with Beatdapp to ensure that our data is representative of authentic listener engagement.”
Virgin Music Group announced a “strategic relationship” with Frontier Works, a Japanese animation-related content production company, to release anime music projects. Virgin will provide Frontier Works with access to its music distribution and marketing platform and global team to support Frontier releases worldwide. This includes Virgin’s AI-driven music marketing technology, which filters streaming data “to create dynamic and actionable insights,” as well as “Smart Audience,” an advertising platform that uses “ethical AI” to increase fan engagement and help drive streaming consumption, according to a press release.
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Believe acquired a 25% stake in Global Records, an independent dance music company covering Central and Eastern Europe, and signed a strategic partnership with the label. The acquisition expands Believe and Global Records’ existing relationship, which since 2016 has allowed the latter to ramp up its territorial expansion and catalog development, according to a press release. Global Records’ catalog racked up more than 6 billion streams across all platforms last year alone and has seen more than 20 billion streams to date, the release adds. Global’s roster includes INNA, Minelli, Carla’s Dreams, Antonia and Holy Molly; it has offices in Germany, Romania and the United States.
Artist manager Matt Musacchio‘s Champ Management partnered with Red Light Management in a deal that brings Vincent Mason, Jessie James Decker and Dawson Anderson to the Red Light roster. Kyle Marsh will also join the Red Light team as a day-to-day manager.
ASM Global expanded its reach into Portugal by taking on the operation of two venue spaces located in Lisbon’s LX Factory, which is located inside a converted factory complex in the Alcantara area. ASM Global will additionally manage the venues’ adjacent outdoor bar, terrace and gallery spaces.
Web3 creator platform DRiP acquired limited-edition music platform Vault Music. Both platforms are on the Solana blockchain. Under the deal, all Vault Music drops and users will transition to the DRiP platform. “Vault was our first music partner on DRiP,” said CEO Vibhu Norby in a statement on the acquisition. “They did a phenomenal job harboring musicians from outside of the existing ecosystem, and we’re excited to help them continue that effort.”
ADA Canada signed a global distribution deal with country music label MCM Recordings, which is home to Jess Moskaluke, Charlie Major and The Redhill Valleys.
The Irish Music Rights Organisation (IMRO) extended its agreement with the International Copyright Enterprise (ICE) for several more years. According to a press release, the extended deal “will facilitate faster royalty payments to IMRO members for online performances of their works and enhanced usage transparency.” The release claims IMRO’s online revenue saw 30% growth in 2023.
Independent dance music label Armada Music signed a long-term partnership with Amsterdam-based DJ and producer KI/KI and her self-founded label, slash. Armada will work with KI/KI and her team on A&R, label management, distribution and promotion/marketing for upcoming slash releases. The first release under the joint venture is KI/KI’s latest EP, slash 010.
Music instruction platform Yousician launched a partnership with Billie Eilish under which all 10 songs from Eilish’s latest album, Hit Me Hard and Soft, will be featured on the platform. Yousician users can now learn Eilish’s new songs on guitar, bass, ukelele, piano and vocals, in addition to more than 20 additional Eilish songs that are already available on the platform. Yousician provides users with lyrics, chords, step-by-step tutorials and real-time individualized feedback. This marks Yousician’s first deal with a major artist since its Metallica collaboration in 2022.
Warner Music Group’s ADA signed a global distribution deal with 11:11 Media, the media and consumer lifestyle company founded by Paris Hilton, who recently announced the Sept. 6 drop of her sophomore album, INFINITE ICON. “ADA gives me the ability to share my music with the world while maintaining ownership of it — which is so important to me, as an artist and entrepreneur,” said Hilton in a statement.
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Warner Music Group acquired a minority stake in the independent Croatian music company Dancing Bear Music. Under the deal, Dancing Bear artists will be able to utilize the services offered by ADA, Warner Music’s global distribution and label services arm, with the opportunity to upstream and become part of Warner Music’s global roster. The deal also includes a renewal of the companies’ licensing agreement covering Albania, Bosnia and Herzegovina, Croatia and North Macedonia. Dancing Bear has acted as Warner Music’s licensee in Croatia since 1996, while its sister company, Dancing Bear Publishing, acts as a local representative of Warner Chappell Music. Artists on the Dancing Bear roster include Dalmatino, Bruno Pietri and Pete Spruce.
The BBC invested 500,000 pounds in Condense, a live-streaming platform that allows fans to experience live shows in an immersive virtual space. The announcement follows BBC Radio 1’s New Music Show with Jack Saunders hosting a series of Condense live-streams with artists including Gardna, Charlotte Plank and Sam Tompkins. Jo Sherlock, group rights and commercial director at the BBC, will serve as Condense’s contact at the broadcaster; she will help shape the growth of the partnership as an observer on the Condense board. “By partnering in this way, we can rapidly explore new ways to engage younger audiences who don’t regularly come to the BBC,” said BBC head of ventures Jeremy Walker in a blog post.
Juan Munoz‘s independent label Night Stone Records signed a global distribution deal with The Orchard. Night Stone’s roster includes B. Howard, Otti, RMB Justize, PRIVATEHOUR, Kris Hollis, DJ So Cole and Million$. All will have access to The Orchard’s suite of services, including global distribution, DSP and digital partner pitching, marketing, synch licensing, video services, data analysis, advertising and radio promotion. Night Stone also announced the launch of Night Stone Games, an independent game studio that will be led by Ken Fox, co-founder of Warner Brothers Games San Francisco.
Created by Humans, which aims to create a marketplace where creators can license their intellectual property directly to AI companies, raised a $5 million funding round led by Craft Ventures and Floodgate, with participation from LAUNCH Fund, Slow Ventures, Garry Tan and Walter Isaacson.
Downtown-owned business-to-business distributor FUGA formed a partnership with two labels: Paris-based independent label Record Makers and Potion Records, founded by DJ/producer The Magician. Record Makers, whose roster includes Sébastien Tellier, Kavinsky and Dita Von Teese, struck a global distribution and marketing deal with Downtown that will include expanded services across Downtown’s marketing strategy and marketing accounts offering, as well as synch. Potion Records will utilize FUGA’s marketing strategy and digital accounts offering along with synch and licensing services. The Potion roster includes The Ashton Shuffle, Soda State and Aevion.
Sony Music Entertainment India and Maddock Films partnered to produce music projects that will cover both film soundtracks and independent pop projects featuring Indian talent. The deal launches with soundtracks for the upcoming films Chhava starring Vicky Kaushal and Rashmika Mandanna with music by A.R. Rahman, Diler featuring Ibrahim Ali Khan and Ikkis starring Agastya Nanda with music by Sachin-Jigar. The soundtracks for Luka Chhupi 2, Sector 36 starring Vikrant Massey, Sarvagunn Sampan starring Vaani Kapoor and Rumi Ki Sharafat starring Radhika Madan also fall under the partnership.
Leading Bulgarian music event organizer Fest Team signed a preliminary contract to acquire East European promoter, talent buyer and artist agency Charmenko, which encompasses Charm Music and Charmworks. With the acquisition, Fest Team hopes to expand its regional presence and operations across Eastern Europe, the Balkans, Turkey, the Baltic regions and more. The acquisition is set to be finalized later this summer.
Twitch signed music licensing deals with all three major labels — Universal Music Group, Warner Music Group and Sony Music Entertainment — as well as “a large number” of indie labels represented by Merlin, according to a blog post. The deals specifically cover DJs who live-stream on the platform; other uses of music are not covered.
Under the deals, starting this summer, DJs will need to opt into a new agreement that will apply to all streaming on their Twitch channels. Thereafter, a portion of DJs’ earnings on the platform will be paid to music companies, with the majority of those earnings subject to a 50-50 split between DJs and Twitch. To help DJs adjust to the change, Twitch says it will offer a one-year subsidy to help cover the difference in revenue that will be paid out to music companies, with the amount of the subsidy gradually reducing over time.
“It’s crucial that DJs understand the status quo on Twitch was not sustainable, and any viable future for the community required we find a solution,” the blog post reads. “We’ve worked with music partners over the past few years to develop this program. Without it, those who stream DJ content on Twitch without the necessary rights do so at the risk of receiving DMCA notifications and copyright penalties which could restrict their ability to stream on Twitch.”
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According to Twitch, the number of DJs streaming on the platform has “more than quadrupled” since early 2020.
Tencent and its subsidiary Tencent Music Entertainment acquired a 10% stake in Thailand-based entertainment platform GMM Music for $70 million, valuing the company at $700 million. The stake will be paid for with a combination of cash and a minority stake in the Tencent-owned music streaming app JOOX Thailand. According to a press release, the deal “will strengthen GMM Music’s spin-off plan” and allow it “to expand its business, achieve sustainable growth, acquire world-class expertise, and invest in future music innovations to keep pace with the rapid evolution of the global music industry.” In a statement, GMM Music CEO Phawit Chitrakorn said the deal will help the company “drive the New Music Economy in Thailand towards sustainable growth” while allowing it to expand its business in additional markets, including China.
Neon Gold Records, the independent label known for launching the careers of artists including Tove Lo, Charli XCX and MARINA, signed a global distribution agreement with Virgin Music Group. Recent releases from Neon Gold include Good Neighbours’ debut single “Home” (now receiving global support from Capitol and Polydor) and Mt. Joy’s “Highway Queen”; other acts on the roster include The Knocks and Juliana Madrid. The label also revealed its newest signing: alt-pop band Phantogram, whose new single, “All a Mystery,” was released May 31. Neon Gold previously had joint ventures with Columbia (2010-2013) and Atlantic (2014-2024).
Bandcamp partnered with EMPIRE in a deal that will allow the independent record label to expand retail opportunities for its artists, who include Shaboozey, Key Glock, Conway the Machine, Dinner Party, Olamide, Asake and Black Sherif. With the deal, EMPIRE artists will now have the ability to connect with Bandcamp’s community of more than 47 million fans, to whom they can directly sell digital releases, vinyl and exclusive merchandise through the Bandcamp platform.
L.A.-based record label D36, which centers on aspiring musicians from South Asia and its diaspora, formed a joint venture with Sony Music Entertainment. Through the joint venture, acts of South Asian heritage will better be able to connect with audiences in both South Asia and international markets, including the United States. D36 is run by CEO Abhi Kanakadandila and GM/co-founder Abdullah Ahmad.
The U.K.-based Night Time Industries Association (NTIA) partnered with KUVO Powered by DJ Monitor to help foster the adoption of KUVO’s music identification technology in U.K. venues — all in hopes of ensuring proper royalty payouts for creators of the music DJs play. According to a press release, NTIA will work to make KUVO’s technology “standard practice across the U.K. club and DJ events industry…with a focus on building towards a more transparent and fair music royalty ecosystem within the UK.” There is no cost for venues to participate in the initiative and there will be no effect on the license fees venues pay for music. It also “respects DJ setlist privacy — no details of which DJ played which tracks are captured by the technology and no playlists are publicised,” the release adds.
Downtown Artist & Label Services officially partnered with AI-powered marketing operating system SymphonyOS to offer SymphonyOS marketing tools to Downtown artists at a reduced price. The deal was struck after Downtown ran multiple successful SymphonyOS-driven campaigns with artists including Hunter Hayes, mehro and Ryan Nealon. SymphonyOS offers AI-powered campaign creation, aggregated analytics, a website builder tool and features including Forever Saves, which allows fans to “subscribe” to an artist’s future releases.
1336 Records, a new label venture from System of a Down’s Shavo Odadjian, launched in partnership with Sumerian Music Group. The first release under the deal is “Paradise,” the debut single from Seven Hours After Violet — Odadjian’s new band also featuring Taylor Barber (Left To Suffer), Morgoth (Winds of Plague), Alejandro Aranda (Scarypoolparty) and Josh Johnson.
SURF Music — a platform that allows songwriters, producers and other creators to connect, collaborate, package, pitch and sell their original unreleased music to Japanese, Korean and Taiwanese labels and A&R professionals — has welcomed Universal Music Japan, Sony Japan, Avex and Fujipacific to the platform as official users. By joining SURF Music, the labels will have the ability to explore SURF’s marketplace of unreleased demos using AI-supported search tools.
VNYLab, a new music platform designed to bring independent artists closer to their fans, acquired Patron Empowerment, the developer of the similar Rhythmic Rebellion platform. The multi-million-dollar deal will accelerate the growth of VNYLab, which is set to officially debut this summer. VNYLab was founded by Jon Zeit, Wes Mason and Nikki Fernandez. Patron Empowerment founder/CEO Greg Allen has joined VNYLab as a partner.
Ford signed a 10-year naming rights agreement with Notes Live for a new music amphitheater coming to Colorado Springs, Colo. The 8,000-capacity venue, formerly known as The Sunset and now called Ford Amphitheater, is set to open on Aug. 9 with a performance by Ryan Tedder and his band OneRepublic.
Los Angeles-based electronic producer Jauz partnered with global distribution company OneRPM to relaunch his six-year-old label, Bite This. Together, the two teams are planning label takeovers, pop-up events and compilations as they bring genre-spanning sounds by rising artists to the release calendar. The partnership with OneRPM — whose client list also includes artists like Chance Peña, Yelawolf, A$AP Twelvyy and Alejo — will provide projects from emerging Bite This acts like Albert Breaker and Edison Cole with label services that would normally be rare to have at an artist-run imprint. – Katie Bain
U.K.-based ATC Management, whose clients include Bring Me the Horizon and Bullet for My Valentine, signed a new cooperation agreement with Chinese independent music company Modern Sky. Through the deal, the two companies will leverage their resources across management, live representation, merchandising, marketing and digital to drive artists’ careers in their respective markets.
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AWAL partnered with L.A.-based networking and mentoring program Creative Futures Collective to launch the AWAL Futures program, which will focus on launching the careers of artists and supporting creatives from underrepresented communities. The artists selected into the program will receive an EP release from AWAL (including an EP release event at Soho Warehouse in July) as well as mentorship from AWAL executives. Creatives from the Creative Futures Collective community will assist with marketing assets including music videos, photos and other artwork. Selected artists for the inaugural program are Brooklyn-based project BITTERS featuring British frontwoman Claudia Mills; Columbus, Ohio-based Ghanian-American singer-songwriter NanaBCool; and Chicago rapper/producer Jay Wood.
Two French collecting societies, the SCPP (for sound recording producers) and ADAMI (for music and audiovisual artists), signed a partnership agreement to pool their respective databases and distribution tools for private copying remuneration and equitable remuneration. A study is currently underway to draw up the operational implementation of the pact, which includes a clause under which the two companies may decide to merge within a joint subsidiary being created under the deal. The creation of the subsidiary will be submitted for approval at each company’s upcoming general shareholders meetings. “Both companies jointly acknowledged that the situation in France creates inefficiencies that are detrimental to all rights holders and weakens their ability to negotiate their rights,” according to a press release. “This is because there are 7 related rights collective management organizations in France, whereas in most European countries there is only one.”
U.K. physical distributor Proper Distribution signed a deal with U.S.-based Firebird Music Holdings to service Firebird’s partner labels, artist management agencies and other creative businesses. Proper will spearhead physical sales and distribution for Firebird’s frontline and catalog releases across the United Kingdom, Republic of Ireland and Europe (via Proper’s partner Bertus) for select signed and self-releasing artists on Firebird’s partner rosters. Firebird partners will be granted access to Proper’s facilities and resources, specialist knowledge of local record retailers and marketing and sales teams in agreed-upon territories. Self-releasing artists under Firebird will enjoy a streamlined process to release music on physical formats. The deal will encompass releases by Slash, Chase Rice, The WAEVE, Moonchild Sanelly, Whiskey Myers, Danielle Bradbery and Rainbow Kitten Surprise, among others.
Keywords Studios, an international provider of technology-enabled solutions to the gaming and entertainment industries, partnered with Reactional Music, a music personalization engine that allows music and audio to be generated live in video games. Under the deal, Keywords will offer help facilitate the integration of Reactional into game development projects on behalf of its clients. “Collaborating with [Keywords’] teams and studios provides an incredible opportunity to scale Reactional,” said Reactional Music president David Knox in a statement. “We believe that Keywords’ implementation teams can also enable Reactional to extend its generative music and creator tools in innovative ways beyond the core gaming space.”
Producer Eli Brown (Drake, Giveon, PARTYNEXTDOOR, Chris Brown) signed an exclusive deal with Warner Music Canada through which he will develop and sign Canadian artists to the label via his imprint, Loophole Records.
Code.org, a nonprofit dedicated to expanding access to computer science in schools, particularly for students from underrepresented groups, partnered with Amazon to launch Music Lab, a platform through which K-12 students can learn to code through interactive music composition featuring hit songs by artists including Tinashe, The Chainsmokers, Rosa Linn and Aloe Blacc. Through an educational partnership with Amazon, each artist contributed tracks and samples for use in the platform. Over the past six months, Code.org has tested Music Lab with thousands of students and teachers.
The European Music Managers Alliance (EMMA) announced a new partnership with AI-driven msuic funding platform beatBread, which uses billions of data points to forecast an artist’s earnings potential in order to offer advances on existing catalog as well as new and unreleased music. Artists then repay their advances as a percentage of their revenue over a period of time that artists can set. The partnership will kick off with an exclusive online workshop for EMMA members on July 2 that will focus on funding and business building.
.MUSIC, a top-level domain name designed for the global music community, partnered with global identity verification provider Shutfi Pro. Through the deal, Shufti Pro will authenticate the digital identity of the music community to create a “trusted ecosystem of verified artists, creators, industry professionals, organizations, businesses, and brands” under the .MUSIC domain.
Mastercard Midnight Theatre, a 150-seat venue in Manhattan, selected Oak View Group (OVG) to manage its operations. OVG plans to debut a new restaurant concept at the venue, an investment of Dolphin Entertainment, this spring.
U.K. taxi app FREENOW announced a third year of financial support for Music Venue Trust (MVT). Under the arrangement, FREENOW customers can opt in via the company’s app to round up the cost of their fares and donate to MVT, which supports grassroots music venues across the United Kingdom. Donations will be collected for every trip completed and sent to MVT, which will use the funds to operate its emergency response service — one MVT claims has saved “hundreds” of venues from closure since being established in 2017.
NetEase Cloud Music struck a licensing agreement with South Korean music company Kakao Entertainment that will allow NetEase to distribute Kakao’s catalog in China. Both companies will work together to jointly promote Korean music in the Chinese market. Kakao artists include Jay Park, Chungha, FTISLAND and CNBLUE. According to a press release, Kakao had 2016 million monthly active users and more than 44 million paying subscribers in 2023.
Rapper Lil Durk partnered with AWAL to re-launch his label venture, OTF. Under the deal, OTF will identify and develop artists with the help of AWAL’s global infrastructure and artist development expertise. Durk will act as CEO while OTF’s COO, Cedrick “SB” Earsery, will work alongside AWAL CEO Lonny Olinick, president Pete Giberg and senior vp/head of urban music Norva Denton to foster the OTF roster. The first release under the deal, “GTA” by DJ Bandz featuring Rob 49, Skilla Baby and Fivio Foreign, is dropping Friday (May 17).
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Music Venue Trust announced the second acquisition by its own Music Venue Properties via the U.K. charity’s Own Our Venues scheme: The Ferret in Preston, a 200-capacity venue that has hosted artists including Ed Sheeran, IDLES, Alt-J and Royal Blood. With the purchase, the venue will be placed in permanent protected status via a “cultural lease” — an agreement designed by Music Venue Properties to guarantee that, as long as The Ferret operates as a space for grassroots live music for the local community, they can use the building. Own Our Venues has raised nearly 2.6 million pounds to date from more than 1,200 individual investors. In October 2023, Music Venue Properties made its first purchase when it acquired The Snug in Atherton, Greater Manchester. An additional seven venues across the country have been identified for purchase in this initial phase.
AI solutions company Veritone signed a deal to power theCAAvault, a synthetic media vault created by Creative Artists Agency (CAA) to store the intellectual property of CAA clients, including AI clones and voice recordings. The hope is to ensure the proper compensation of CAA talent for any use of their name, image and likeness.
ASM Global invested in Boston-based EDGE Sports Group, marking a significant move by the company to become a market leader in providing advisory, development and venue management services to clients and partners in the domestic youth sports and sports tourism industry. Following the close of the transaction, EDGE will operate under the moniker EDGE Sports Global. EDGE brings a portfolio of more than a dozen sports venues in the New England region and is expanding with development projects in Florida, Arizona and more; it also owns or manages youth sports clubs, academies and camps totaling more than 350 teams and 8,000 athletes. EDGE Sports Group founder/president Brian DeVellis will continue serving as president of EDGE Sports Global.
Music licensing hub Broma16 signed an international agreement with YouTube and partnerships with three collecting societies from the Commonwealth of Independent States (CIS) region. The YouTube deal will see Broma16 collecting music royalties from the platform in territories including Africa, Asia, the Middle East, Europe and the CIS and distributing them to its members. The company’s new collecting society partners are ANCO (Moldavia), SIIP (Uzbekistan) and KAZAK (Kazakhstan). SIIP and ANCO will use Broma16’s online licensing services to collect royalties for their songwriter and publisher members. KAZAK has granted Broma16 the right to collect royalties from YouTube.
Chinese music streaming service provider NetEase Cloud Music entered a licensing agreement with K-pop label JYP Entertainment, granting it the right to digitally distribute JYP’s catalog in China. JYP artists include J.Y. Park, TWICE, Stray Kids, BOY STORY, ITZY, Yao Chen and NMIXX.
TikTok announced a partnership with European ticketing provider CTS Eventim through which artists can now promote their live dates in their TikTok videos and sell tickets via the CTS Eventim platform. The feature is available to any certified artist on TikTok in Germany, with additional markets to follow.
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Warner Music South East Europe launched Balkan Electro, a new EDM-focused label, in collaboration with Ensis Records. Through the deal, Ensis artists can be distributed, upstreamed and marketed through the new label. Warner Music Poland will also collaborate to sign new local talent to Balkan Electro, which will additionally team with Amsterdam-based Spinnin’ Records and the dance-focused teams at Warner Music Central Europe and Warner Music France. The first releases on Balkan Electo are Prisko and TBX’s “Back to 95” (April 19), Melli’s “Losing My Mind” (April 26) and Kevin’s Palacios and Jordan’s Grace’s “Bright As You” (May 10).
The City of El Paso has approved a $30.9 million performance-based incentive agreement to support the creation of Notes Live‘s new $80 million, 12,500-capacity open-air amphitheater in El Paso, Tex., to be named the Sunset Amphitheater. According to a press release, the project will support more than 2,000 direct and indirect jobs with the potential to generate a $5.4 billion impact for the El Paso community. Construction is slated to begin in late 2024 with an opening set for early 2026.
Concert discovery app Songkick teamed up with Black music and culture ticketing and marketing company Shoobs in a deal that will see Songkick list and promote Shoobs events to its 155 million users via its app, website and eCRM. The partnership is designed to boost the visibility of Black culture events and performers including Afro Nation Portugal, Burna Boy and Piano People in the Park.
Ticketing company AXS acquired a majority stake in WRSTBND, a provider of access control, credentialing and point-of-sale solutions for live events and venues. WRSTBND will use the investment to grow its capabilities and offerings to clients while integrating AXS’ Mobile ID technology with WRSTBND’s ecosystem. “[WRSTBND’s] hardware and software technology combined with the scale of AXS’ premier festivals and live event clients, including Coachella, New Orleans Jazz & Heritage Fest, and Hyde Park BST will create the most seamless and cutting-edge access and payment solutions available anywhere,” said AXS chief strategy officer Marc Ruxin in a statement.
Celebrity Coaches, which provides transportation and logistics for live events, acquired Nashville-based entertainment coach leasing company Moonstruck Leasing. The acquisition will add several luxury Prevost motorcoaches to Celebrity’s existing fleet. Terms of the deal were not disclosed.
The Irish Music Rights Organisation (IMRO), an international performing rights organization, partnered with music recognition technology company Audoo to implement its Audoo Audio Meter in select public spaces and retail locations in urban areas across Ireland, with plans to expand it to all business types in the country. The partnership is designed to help promote a more accurate and transparent breakdown of royalty distributions to music creators by recognizing background music being played via Audoo Audio Meteres and reporting the data back to IMRO. Business owners in Ireland can request an Audoo Audio Meter free of charge.
Private equity firm PAI Partners acquired a majority stake in Audiotonix, which designs, engineers and manufactures professional audio mixing consoles, production software and ancillary products. Investment house Ardian (which acquired Audiotonix in March 2020) will retain a minority stake alongside Audiotonix management. The U.K.-headquartered Audiotonix specializes in designing, engineering and manufacturing products that help enable high sound quality for several formats, including concerts, theater shows and sporting events. Its products have been used on tours by artists including Coldplay and U2 as well as at the Super Bowl and Sphere in Las Vegas.
RoEx, a tech startup driving intelligent audio production tools, was awarded a 250,000 pound ($313,000) grant by national innovation agency Innovate UK as part of a funding competition called Creative Catalyst: AI in the Music Industry. The grant will support the research and development of RoEx’s new model, ProStyle, which will provide a platform for mix engineers to partner with RoEx to train a machine learning model that captures their individual mixing style, thereby allowing them to monetize their sonic identity. Through this, the goal is for musicians and creators to have the ability to mix tracks in the engineer’s style using ProStyle.
Full-service entertainment marketing company FlyteVu and Club CMO, a community of more than 1,500 chief marketing officers across 30 cities globally, struck a partnership through which FlyteVu will offer Club CMO members “backstage” access — both in-person and virtually — to FlyteVu-marketed sports, music and pop culture events. Through the partnership, Club CMO members will be offered a closer look at FlyteVu’s industry expertise and knowledge, which they can then take back to their own organizations.