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London’s O2 Arena keeps its name until 2038 as AEG and O2 strike UK’s ‘largest-ever naming rights renewal’

Under the deal, O2 and Virgin Media broadband customers will get 50% more tickets to shows at The O2 through Priority Tickets. Source source https://www.musicbusinessworldwide.com/londons-o2-arena-keeps-its-name-until-2038-as-aeg-and-o2-strike-uks-largest-ever-naming-rights-renewal/

Man behind $8M AI song and bot streaming fraud is sentenced to 18 months in prison

US District Judge John G. Koeltl also ordered Michael Smith to forfeit USD $8,091,843.64, the loss figure agreed by both sides. Source source https://www.musicbusinessworldwide.com/man-behind-8m-ai-song-and-bot-streaming-fraud-is-sentenced-to-18-months-in-prison/

Warner’s ADA Central Europe inks exclusive worldwide digital distribution deal with Swiss label Sound Distribution

Sound Distribution's in-house studio produces music videos, visualizers, editorial monologues, cover shoots, and live DJ set integrations. Source source https://www.musicbusinessworldwide.com/warners-ada-central-europe-inks-exclusive-worldwide-digital-distribution-deal-with-swiss-label-sound-distribution/

Warner Music MENA names Ahmed Nureni MD, brings in Ahmad Alghawanmeh from Sony Music as GM

Nureni reports to Guillermo Gonzalez, President, Warner Music EMEA Source source https://www.musicbusinessworldwide.com/warner-music-mena-names-ahmed-nureni-md-brings-in-ahmad-alghawanmeh-from-sony-music-as-gm/

Erica Campbell’s label settles royalty lawsuit against distributor SRG/ILS Group, 15 days after suing for $1M+

The two sides settled before SRG had formally responded to the lawsuit in court, and no court has ruled on whether My Block's claims were valid. Source source https://www.musicbusinessworldwide.com/erica-campbells-label-settles-royalty-lawsuit-against-distributor-srg-ils-group-15-days-after-suing-for-1m/

Beatport secures financing led by Square Nine Capital, refinancing existing credit facility

Beatport, the music platform for DJs and producers, has secured new financing led by Square Nine Capital. The deal refinances an existing Beatport credit facility and brings additional capital into the company, according to an announcement from Square Nine on Wednesday (September 30). Beatport and Square Nine did not disclose the size of the investment … Continued Source source https://www.musicbusinessworldwide.com/?p=268833