September 8, 2024 — Litmus Music, a music rights acquisition company launched in 2022 by industry veterans Hank Forsyth and Dan McCarroll in partnership with Carlyle Global Credit, has emerged as the successful bidder for Opus Music Group. This major acquisition not only includes the prominent catalog of Juice WRLD but also represents a significant…
New York, NY — Music company COLTURE has officially announced a new strategic partnership with Joe Kay, the CEO and Founder of Soulection. This collaboration marks a significant development in the music industry, merging COLTURE’s dynamic approach with Soulection’s innovative vision. Founded in 2018, COLTURE has rapidly established itself as a key player in the…
(L-R) Mike Kroeger, Chad Kroeger, Daniel Adair and Ryan Peake of Nickelback attend the “Hate to Love: Nickelback” premiere at the 2023 Toronto International Film Festival at Roy Thomson Hall on September 08, 2023 in Toronto, Ontario. (Photo by Isaiah Trickey/FilmMagic) It ranks No. 7 globally in Movies Today and No. 3 in Canada. This…
The very popular musician Billie Eilish, who has frequently topped Billboard charts and taken home Grammys and Oscars, has joined WME, terminating their contract with Wasserman Music, along with her brother and colleague Finneas O’Connell. In January 2023, WME began representing each separately in film and television. With this shift, they can now house all…
Ariana Grande is urging her followers to cast ballots, offering a once-in-a-lifetime chance in the process. In an effort to boost voter registration among young people, Ariana Grande, the star of “We Can’t Be Friends,” partnered with HeadCount, a prestigious nonpartisan nonprofit that works to register young voters through its Good to Vote initiative, to…
The Dumb Blonde podcast, hosted by model, influencer, and podcaster Bunnie XO—wife of country music singer Jelly Roll—featured MGK as a guest on Monday, August 5, 2024. The rapper-rocker said in the conversation that he has gone to rehab and that he has been clean for the past 12 months while reminiscing on how Megan…
Another lawsuit has been filed against Donald Trump, this time by Isaac Hayes’s estate. On August 10, 2008, Hayes Isaac passed away at the age of 65. After Sidney Poitier and Hattie McDaniel, he became the third Black person to win an Academy Award in any competitive area when he won for best original song…
In a recent earnings call, Warner Music Group (WMG) revealed a significant financial challenge. Bryan Castellani, WMG’s EVP/CFO, disclosed that the company will experience a negative impact of approximately $10 million per quarter going forward due to Meta’s decision to no longer license premium music videos for its platforms. This translates to a $40 million…
Warner Music Group (WMG) has released its financial results for the quarter ending June 30, 2024, marking its fiscal Q3. The company’s global revenue for the period reached $1.554 billion, encompassing earnings from recorded music, music publishing, and other activities. In its SEC filing on August 7, WMG disclosed that its recorded music digital revenue…
As reported by Music Business Worldwide earlier today (August 7), Sony’s global music rights operation experienced double-digit growth in calendar Q2 (fiscal Q1), with revenues rising 11.4% year-over-year (YoY). However, a closer look reveals a slower growth rate in Sony’s recorded music streaming revenue, which increased by just 5.0% YoY when adjusted for US dollars….