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The Weeknd closes $1 billion catalog deal with Lyric Capital (report)
A representative for The Weeknd confirmed to Variety that the artist and his team will remain shareholders with “creative control” over his catalog. Source...
Digital music collection society amra overhauls client portal with real-time data access
The revamped Revenue Dashboard has shifted revenue updates to weekly refreshes from the previous quarterly schedule. Source...
From UMG’s ‘robust remedy’ to address Downtown deal concern, to GoDigital Music’s Marc Anthony catalog buy… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...
UMG submits ‘robust remedy’ to EU regulator to address ‘only remaining concern’ about $775m Downtown deal
Company says its response to the regulator 'comprehensively addresses' the Commission's outstanding issue with the transaction. Source...
GoDigital Music buys Marc Anthony catalog in eight-figure deal; acquires broader tranche of Latin music rights in separate $115m transaction
GoDigital Music says it has acquired "several" Latin music catalogs in a transaction valued at approximately $115m. Source...
Warner Music Australasia and SE Asia makes series of promotions to strengthen leadership team
Key leaders will help strengthen the regional roster and accelerate global artist export. Source...
Sony Music Publishing signs global deal with BigXthaPlug
The announcement comes days before the Texas-born rapper embarks on his Take Care tour across the U.S. and Canada. Source...
Jay-Z’s MarcyPen Capital eyes $500m Korean culture investment fund in partnership with Hanwha Asset Management
Partnership arrives amid the rising global popularity of Korean music and entertainment Source...
10cc’s Graham Gouldman sues ex-manager for allegedly ignoring copyright terminations
Gouldman says ex-manager Harvey Lisberg has ignored termination notices on the copyrights of 13 compositions Source...
Pro Music Rights says it’s ‘exploring legal action’ in response to Congressman letter calling for FTC investigation
US Representative Scott Fitzgerald's requested a Federal Trade Commission investigation into the PRO's business practices. Source...
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