Hitting the high note: Providence puts music catalogue up for sale in £479m mega deal May 4, 2022 Just as other private equity funds are snapping up music catalogues, Providence Equity is preparing to sell up. According to reports from the Financial Times, Providence is looking to sell the Tempo song catalogue, which includes hits from rapper Wiz Khalifa and Twenty One Pilots, for an estimated $600m (£479m). It is understood that the [...]
Maneater: Nelly Furtado on brink of music catalogue deal with Blackstone April 28, 2022 Grammy award winner Nelly Furtado is set to become the next artist to cash in her back catalogue of hits.
More artists benefit from streaming than ever before April 28, 2022 New analysis has revealed that a record number of tracks are now hitting eight-figure UK streaming totals, despite calls from some artists that the system is rigged against them.
Ed Sheeran set to headline Jubilee concert as organisers unveil £15m celebrations April 26, 2022 Ed Sheeran is set to be the centrepiece for the Queen’s Platinum Jubilee as preparations are made for the “people’s pageant”.
Live music fails to hit the high note with gig royalties down a third April 25, 2022 Live music royalties from gigs were down by more than a third in 2021, despite gig goers flocking back to the mosh pits.
Indie music making moves thanks to vinyl and CD boost April 13, 2022 Indie artists are leading the way with record sales as vintage vinyls and CDs continue their comeback.
Watch Zelensky tell Grammy Awards: ‘Our musicians wear body armour instead of tuxedos’ April 4, 2022 Ukraine’s president rallied for support at the prestigious Grammy Awards, telling guests to support his people “in any way you can” but “not silence”. The embattled leader, Volodymyr Zelensky, appeared in a pre-recorded message to the glittering music ceremony on Sunday night, as news of civilian casualties, and mass graves, was reported in the country. [...]
Thank You for the Music: ABBA backed firm snaps up Swedish House Mafia’s music catalogue March 29, 2022 ABBA-backed entertainment firm Pophouse Entertainment has snapped up the back catalogue of electric music pioneers Swedish House Mafia.
Recorded music revenue grew 18 per cent last year with streaming leading the way March 22, 2022 The global recorded music market grew by 18.5 per cent last year, driven largely by paid subscription streaming.
UK recorded music hits a high note thanks to vinyl and CD revivals March 16, 2022 UK recorded music continues to hit a high note, with revenue up 12.8 per cent to £1.26bn following 2020’s pandemic slump.