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Less than three months after exiting Kobalt, Willard Ahdritz officially launches Ahdritz Capital Partners
Ex-Lazard banker Stephen Langer and former SSE Ventures CEO Isabel Keulen join the Kobalt founder's new firm. Source...

ElevenLabs valuation doubles to $22B – four times that of AI music rival Suno
ElevenLabs completed a USD $300 million employee tender offer at a valuation of $22 billion. Source...

Frank Briegmann promoted to Chairman & CEO of Universal Music Europe, Australia, New Zealand, Canada & Deutsche Grammophon
The appointment expands the remit of Briegmann, who will continue to report to Sir Lucian Grainge, Chairman & CEO of Universal Music Group. Source...

Warner Music Central Europe appoints former Adidas exec Nici Ochmann as Head of Culture & Creator Marketing
Nici Ochmann joins Warner Music (WM) Central Europe after a 10-year tenure at Adidas, where she most recently served as Global Culture Marketing Cluster Lead for GSA. Source...

Ex-Capitol A&R exec Carter Gregory strikes JV for Plot Twist Records with 10K Projects and Atlantic Records
Founded by A&R executive and media personality Carter Gregory, the label’s first signings are singer Alabama Barker and DJ Nic Vans. Source...

Paul Shaver joins SoundExchange as SVP of Business Development
Shaver joins from the Canadian Musical Reproduction Rights Agency (CMRRA), where he was President of both CMRRA and SX Works. Source...

Sia sells 50% of music catalog to Pophouse in $180M deal
Pophouse says it's acquired Sia's "publishing and master music rights"; the pricetag suggests a $360M valuation for the full set Source...

Tokyo court rules that a person’s voice can be protected by publicity rights – a first for Japan
Kenjiro Tsuda lost his takedown claim against TikTok, and won something better: Japan's first ruling placing the human voice inside publicity rights. Source...

TikTok launches global in-app campaign for ‘POPS,’ the new album from Japan’s top-selling act Mrs. GREEN APPLE
According to TikTok, the band is the first Japanese artist to be selected for one of the platform's artist-specific global campaigns, which it runs with top artists worldwide. Source...