Industry

Hasbro announces sale of eOne Music

eOne Music

Transaction is expected to be completed by third quarter of 2021 Hasbro, Inc. has announced that it has entered into a definitive agreement to sell Entertainment One Music (“eOne Music”) for an aggregate price of $385 million in cash. The…

SlickTest survey shows consumers longing for live music

SlickTest

SlickText survey reveals disparity about consumer comfort levels based on geography and other factors As COVID-19 vaccines become widely available, safety protocols are slowly lifting and businesses reopening. A new survey from SlickText, a proven leader in text communications, invited…

Penske Media acquires 50% of SXSW

SXSW

Acquisition makes the media company a longterm partner P-MRC (Penske Media), which operates Billboard, Rolling Stone, Deadline, Variety and others, has acquired 50% stake in SXSW, making them a shareholder and longterm partner of the annual Austin, TX music and…

UMG launches Universal Arabic Music

Universal Arabic Music

UAM will create opportunities to advance Arabic music and culture with global partners Universal Music Group (UMG), the world leader in music-based entertainment, has announced the launch of Universal Arabic Music (UAM), a newly created label dedicated to discovering, introducing…

BMG partners with KKR to acquire music rights

BMG & KKR

Compelling solution for artists and songwriters seeking to realize and grow the value of their music assets Global music company BMG and global investment firm KKR have announced they will join forces to pursue recorded music, music publishing and other…

Record Store Day announces RSD Drops 2021

RSD Drops 2021

RSD Drops over two Saturdays this summer For the second consecutive year, Record Store Day will release its extensive list of special titles through independent record stores via RSD Drops, taking place on June 12th and July 17th at participating…