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Firebird acquires majority stake in Goodlife Management, the home of Fred again.., The Blessed Madonna, and more

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Firebird has entered into a strategic partnership with UK-based artist management company Goodlife Management, the home of Fred again.., The Blessed Madonna, Ki/Ki, and ¥ØU$UK€ ¥UK1MAT$U, among others. MBW understands that Firebird has acquired a majority stake in the company. The deal brings Goodlife founders Oliver Sasse, Lucy Sasse, Ellie Shaw, and David Watters — … Continued Source source https://www.musicbusinessworldwide.com/firebird-acquires-stake-in-fred-again-management-company-goodlife1/
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Sony Music acquires Nordic dance label One Seven Music, taps co-founder Janus Barnewitz as new MD of Sony Music Denmark

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Janus Barnewitz succeeds Henrik Daldorph, who is leaving the company after serving 20 years leading Sony Music Denmark. Source source https://www.musicbusinessworldwide.com/sony-music-acquires-nordic-dance-label-one-seven-music-taps-co-founder-janus-barnewitz-as-new-md-of-sony-music-denmark/
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France’s recorded music revenues hit $1.21bn in 2025, up 3.9% YoY; subscription streaming revenues grew 5.9% YoY

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The figures mark a tenth consecutive year of growth for the world's sixth-largest recorded music market. Source source https://www.musicbusinessworldwide.com/frances-recorded-music-revenues-hit-1-21bn-in-2025-up-3-9-yoy-subscription-streaming-revenues-grew-5-9-yoy/
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Having paid $11M to voice creators to date, ElevenLabs launches Music Marketplace to let its users monetize their AI-generated tracks

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ElevenLabs says that 14m+ 'studio-grade tracks have been created' since the launch of its Eleven Music AI music generator last year Source source https://www.musicbusinessworldwide.com/having-paid-11m-to-voice-creators-to-date-elevenlabs-launches-music-marketplace-to-let-its-users-monetize-their-ai-generated-tracks/
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Confirmed: Primary Wave Music to acquire Kobalt from Francisco Partners

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Kobalt to continue standalone operations under current management Source source https://www.musicbusinessworldwide.com/confirmed-primary-wave-music-to-acquire-kobalt-from-francisco-partners/
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BTS smash K-Pop records with new album Arirang – but HYBE shares drop after comeback concert draws smaller crowd than expected

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All 14 tracks from the album also occupied spots on the Spotify Global Top 50, with the lead single SWIM, debuting at No. 1. Source source https://www.musicbusinessworldwide.com/bts-smash-k-pop-records-with-new-album-arirang-but-hybe-shares-drop-after-comeback-concert-draws-smaller-crowd-than-expected/
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Chance the Rapper beats Pat the Manager’s $3.8M lawsuit — but wins just $35 in countersuit

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The verdict capped a legal fight that began in 2020 when Pat Corcoran sued Chance the Rapper alleging unpaid commissions. Source source https://www.musicbusinessworldwide.com/chance-the-rapper-beats-pat-the-managers-3-8m-lawsuit-but-wins-just-35-in-countersuit/
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