Tag: fund

Firebird launches $750M catalog buying fund backed by Ares and Raine Group
Ares has also taken a minority stake in Firebird Source...

How Agencies Track Ad Costs and Vendor Payments
Agencies manage money moving in several directions at once. Client budgets fund media spend, contractors deliver campaign work, platforms charge ad costs, and vendors submit invoices on different time...

South Korea launches $2.2M fund to help indie K-Pop agencies expand overseas
Each selected agency will receive up to 300 million won ($197,000) annually for up to three years. Source...

After selling Taylor Swift her masters, Shamrock closes new $813M fund – targeting rights including music
Shamrock's Content Strategy has grown to more than $3.3 billion in AUM across equity and debt products over the past decade Source...

PassPass closes ‘seven-figure’ seed round at $15m valuation, pitching gamified music discovery to artists
Atlanta-based real estate fund Roots led the round, alongside a group of strategic backers and angel investors. Source...

AWAL Creator Fund picks its first cohort of UK music content creators
Iona Bielby, Glenn McFarlane, and Aker Okoye were selected from more than 130 applicants to the program. Source...

Sony in advanced talks to buy Blackstone’s Recognition Music for up to $4B, reports Bloomberg
The acquisition would be made through Sony's music rights-buying JV with Singapore sovereign wealth fund GIC, the news outlet reported Source...

Universal is selling 50% of its Spotify stake, generating around $1.4 billion
UMG will sell half of its equity stake in Spotify and use the proceeds to help fund an expanded share buyback program totaling EUR €1 billion (USD $1.17bn) Source...

Primary Wave raises $2.2 billion for fourth music fund
Fund 4 has already invested $700 million across more than 65 single-artist catalogs, including The Notorious B.I.G., Village People, Neil Sedaka and more Source...

Avex Music Group launches $100M fund to acquire publishing catalogs and companies; strikes first deal with ‘Lose Control’ co-writer Infamous
Infamous co-wrote and co-produced Teddy Swims' "Lose Control", and worked with Lil Wayne and Charlie Puth. Source...

Tag: fund

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