Sony strikes almost $4bn deal to buy Blackstone’s portfolio of music rights
Acquiring Recognition Music Group catalogue hands Sony collection of 45,000 songs including Leonard Cohen’s ‘Hallelujah’
Related reading
Bill Ackman tries to make music and money mix with €55bn Universal bid
Billionaire hedge fund manager’s pursuit reignites debate about ‘financialisation’ of music industry
On a mission to keep music physical
Paul Sinclair’s Super Deluxe Edition label has found a healthy market issuing vintage albums on Blu-ray surround-sound discs
Top record labels and start-up Suno hit impasse in talks over AI-generated music
One executive says there is ‘no path’ towards licensing deal under current proposal
Spotify, Live Nation and the role of the music industry baddie
The business of selling music has always been a source of grievance for those who create it
The music industry’s cautious embrace of AI
Leading labels have signed deals with tech companies in the hope of creating new revenue streams and reducing the amount of slop.…
Universal Music inks joint venture with Hollywood agent Patrick Whitesell
World’s largest record label believes joint venture can help it make more money from its roster of stars