The Red Hot Chili Peppers performing live in 2019. Photo Credit: Raph_PH The Red Hot Chili Peppers have sold their entire catalog to Hipgnosis in a deal that was reportedly worth north of $140 million. The 38-year-old rock band and the UK-based song-investment fund just recently unveiled the high-profile transaction, which represents the latest in […]
Photo Credit: Downtown Music Downtown Music layoffs have begun after selling its 145,000 song catalog. Here’s what we know. A ‘number’ of its Nashville employees have been let go, including Executive VP A&R Steve Markland. He was the highest-ranking staffer in the Nashville office and is pictured above in a press release photo from 2019. […]
Stockholm, Sweden. Photo Credit: Yoko Correia Nishimiya Sony Music Publishing has officially partnered with the publishing division of music-management firm The Very Good “to provide further support for its catalogue and expand international opportunities for its roster of songwriters.” Sony Music Publishing (formerly Sony/ATV) unveiled its partnership with The Very Good’s publishing unit today, in […]
Photo Credit: Adrian Martin / CC by 3.0 LL Cool J’s Rock the Bells has raised $8 million in Series A funding to expand its direct-to-consumer business. San Francisco-based Raine Ventures led the funding round, with participation from M13, Willoughby Capital Holdings, and Yahoo! co-founder Jerry Yang. Previous investors in the imprint include Irving Azoff, […]
photo: Werner Gmünder Music metadata: it’s the oft-overlooked chore that can make a music career successful – or doom it to obscurity. But just how critical is it to get your music metadata in order? In order to explain the extreme importance of creating and maintaining proper metadata in the streaming era, we teamed up […]
Universal Music Publishing Group China’s songwriting camp contestants complete a writing session. Photo Credit: Gibson Gibson has inked a massive brand partnership with Universal Music Publishing Group in China. The 127-year-old Gibson and Universal Music Publishing Group (the number-two music publisher in China and in the world) recently unveiled their “full-scale partnership” via a formal […]
Roy Orbison, one of Sun Record’s legendary stars (photo: Jac. de Nijs / Anefo (CC by 4.0)) The legendary catalog of Sun Records — including all the greats except for Elvis — has just been sold for a cool $30 million. And this time, the buyer isn’t Hipgnosis. Instead, another deep-pocketed buyer — Primary Wave […]
Collective Soul frontman Ed Roland, who closed a futures deal with Round Hill Music. Photo Credit: John Colden Round Hill Music has acquired the back catalog of Atlanta-based rock band Collective Soul, in addition to inking a futures agreement with the group’s founder, lead singer, and chief songwriter, Ed Roland. Round Hill Music recently unveiled […]
Shakira performing live in Rio de Janeiro, Brazil. Photo Credit: Andres.Arranz UK-based song-investment fund Hipgnosis has continued its catalog-acquisition spree by closing a deal with “Hips Don’t Lie” singer and songwriter Shakira. Hipgnosis unveiled the high-profile purchase – one of several that it’s finalized to this point in 2021 – today, in a formal announcement […]
Photo Credit: Arne Müseler / CC by 2.0 OneRepublic lead singer Ryan Tedder has sold a majority stake of his recorded music and publishing rights to KKR. Tedder has a 500-song catalog that includes several major OneRepublic hits. That catalog also includes other platinum hits he’s written for stars like Beyonce and Adele. KKR has […]