Photo Credit: UMPG Universal Music Publishing Group (UMPG) is inking a worldwide publishing deal with Electric Feel. The new publishing deal will see Electric Feel Publishing Europe launch to expand its European presence. Electric Feel was founded in 2013 by Austin Rosen and is led by Lucas Teuchner and Alex Strehl. The brand operates across […]
About a week after generating $282 million to acquire a song fund that it launched in 2014, Round Hill Music has raised $291 million for a new fund yet. The nine-year-old company revealed this third and latest fund – which follows a $263 million second fund from 2017 – today, in a formal release that […]
The Killers performing at Bonnaroo 2018. Photo Credit: ThorntonDrury MRC owner Eldridge Industries has purchased the entirety of The Killers’ publishing catalog, excepting 2020’s Imploding the Mirage, including hits like “Mr. Brightside,” “Somebody Told Me,” and “When You Were Young.” The Killers, who’ve sold over 28 million records to date, joined Eldridge in announcing the […]
photo: Serjan Midili Taylor Swift’s catalog — and all the drama that comes with it — is now somebody else’s problem. Yes, that’s right folks: mega-manager Scooter Braun has just dumped his massive holding in Taylor Swift’s catalog — and all the headaches that come with it. We’d been tracking the possible deal for weeks; […]
UK-based song-investment fund Hipgnosis has acquired a 50 percent stake in “Super Freak” artist Rick James’ catalog. Hipgnosis officials unveiled the high-profile investment – the latest in a long line of 2020 catalog purchases, for the Merck Mercuriadis-founded company – today, in a formal release. This announcement message doesn’t disclose the financial terms of the […]
About 10 days back, song-investment giant Hipgnosis dropped $323 million on 42 catalogs. Now, Round Hill Music has raised $282 million – $93 million less than the targeted $375 million – to acquire music IP of its own. The nearly $300 million tranche will reach the Round Hill Music Royalty Fund ahead of its IPO […]
After raising $242 million in just 72 hours about five weeks back, Hipgnosis indicated that the move was part of a larger, $320 million effort to acquire 50 pre-selected catalogs. Now, the UK-based song-investment fund has formally announced and detailed the more than 33,000-track purchase. Hipgnosis officials unveiled the massive buyout today, in a press […]
The International Confederation of Societies of Authors and Composers (CISAC) has projected that global music publishing collections will fall by as much as 35 percent in 2020, for a total loss of $4.11 billion (€3.5 billion). Paris-based CISAC made the less-than-encouraging prediction today, in its 2020 Global Collections Report. The 94-year-old entity based the forecasted […]
The rock band X Ambassadors have signed a global music publishing deal with Warner Chappell Music. The trio includes lead vocalist Sam Harris, keyboardist Casey Harris, and drummer Adam Levin. The band’s hits include “Renegades” and “Unsteady.” X Ambassadors are also co-writers and producers, with several high-profile collaborations. They worked with Lizzo on “Jerome,” and […]
London-based Hipgnosis has acquired the 162-song catalog of veteran record exec Antonio “L.A.” Reid, including publishing and writing credits on hits from Whitney Houston, Boyz II Men, Bobby Brown, and many other well-known acts. Hipgnosis recently unveiled the sizable acquisition, which covers the entirety of L.A. Reid’s more than 160-track catalog. In addition to the […]