News and Trends

Warner Chappell described Kidding Aside as "one of France's most influential independent electronic music companies." Source source https://www.musicbusinessworldwide.com/warner-chappell-strikes-global-deal-with-frances-kidding-aside-as-electronic-music-indie-launches-publishing-venture-with-nicolas-klersy-as-partner/

Suno's previous models will be retired, according to Chief Product Officer Jack Brody Source source https://www.musicbusinessworldwide.com/suno-v6-ai-music-models-launch-in-partnership-with-wmg-bmg-and-believe/

The €999.2 million outlay came in some €813,000 below the program's €1 billion headline figure as the first tranche closed under its own €500 million cap. Source source https://www.musicbusinessworldwide.com/umg-has-now-bought-back-e1-billion-of-its-shares-this-year/

Sina Hall joins as Senior Promoter from Semmel Concerts, and will report to Adam Wilkes, President and CEO, AEG Presents Europe and Asia-Pacific. Source source https://www.musicbusinessworldwide.com/aeg-presents-opens-berlin-office-hires-sina-hall-to-build-its-country-music-business-in-germany/

TME is selling $500 million of 5.050% senior unsecured notes due 2031 and $500 million of 5.650% senior unsecured notes due 2036. Source source https://www.musicbusinessworldwide.com/tencent-music-prices-usd-1bn-bond-offering-with-proceeds-earmarked-for-refinancing-and-buybacks/

AEG wants a court-ordered sale of Ticketmaster, and a ban on the long-term exclusive contracts Ticketmaster signs with major concert venues. Source source https://www.musicbusinessworldwide.com/aeg-and-seatgeek-ask-court-to-reject-live-nations-doj-settlement-with-aeg-warning-it-does-not-break-ticketmasters-grip-it-tightens-it/