The deal includes Redeye’s in-house labels Yep Roc and Sundazed as well as its publishing company, Riff City Sounds.
Also this week: Virgin Hotels partners with Sofar Sounds on a concert series, One Media acquires an income stream from a music rights catalog and more.
The digital distribution, marketing, publishing and label services company joins Virgin Music Group, UMG’s independent music division.
Also this week: Reservoir and PopArabia buy the RE Media catalog, Timbaland acquires a stake in lifestyle and vinyl brand 12on12 and more.
New Mountain Capital is looking to buy the performance rights organization, sources tell Billboard.
Former Amazon and Sony executive Adam Block will lead the esteemed music photography gallery, which recently lost a location in the Maui fires.
The German collective management organization added the Dutch company to its portfolio to better identify the music it needs to collect royalties on.
Absolute’s leadership team will fully reacquire the company from Utopia, which has made three major divestments so far this year.
Absolute’s leadership team will fully reacquire the company from Utopia, which has made three major divestments so far this year.
The Kering chairman is exploring the acquisition with CAA co-chairman Bryan Lourd at Allen & Company’s annual media finance gathering in Sun Valley, Idaho.
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