Independent music publisher Main wave music has worked with the country/folk singer-songwriter estate Jerry Jeff Walker in the Walker music publishing catalog, recording copyright and artist rights. The partnership gives the Walker estate access to Primary Wave's marketing team and publishing infrastructure to work on new marketing, branding, digital opportunities, syndication opportunities and film/TV projects. The deal also includes a deal for Walker's recorded masters, in collaboration with his label Tried & True Music, to be released and distributed through Sun Records. Sun Records will provide comprehensive catalog marketing strategy including streaming, social media marketing and physical releases. The deal features some of Walker's biggest hits, including “Mr. Bojangles,” “Railroad Lady” and “Sangria Wine.” – Jessica Nicholson
Social music app with AI Hook works with Glassnote records to add new tracks from artists such as Tors, bby, Hayes Warner and Dylan Cartride to his library, with more works to be added soon. Glassnote's roster also includes Mumford & Sons, Childish Gambino and Phoenix. Hook allows users to remix existing songs by speeding them up, slowing them down, combining them with other songs and more to post on social media platforms, essentially opening up another revenue stream for participating artists. In a statement, Glassnote's founder/chairman Daniel Glass called Hook “an end-to-end solution for using remixed music on social platforms in a way that emphasizes artist control and compensation.”
Leading music licensing platform Slipstream acquired Anthem Entertainmentmusic production businesses including US-based Jingle Punks and 5 Alarm Music and UK-based Cavendish Music. The acquisition includes more than 650,000 tracks along with music production capabilities. The purchase was made possible with financing and expertise provided by Pollen Street Capital, while Moelis & Company served as Anthem's exclusive financial advisor on the transaction. The acquisition represents a full-circle moment for Slipstream's co-founders Dan Demol and Jesse Korwin; Demole co-founded Jingle Punks and previously served as president of Anthem Music Group, while Korwin served as MD of Jingle Punks. Anthem Entertainment will make an investment in Slipstream as part of the deal.
Reactionary Musicwhich enables video game developers to create interactive soundtracks in their game titles, has formed a global licensing partnership with Naxosleading classical and local music rights holder. The two companies are also exploring a partnership to compose interactive soundtracks that will allow players to customize Naxos-owned music in real-time while playing, without affecting the main recording. Reactional has previously entered into licensing partnerships with companies such as Beggars Group, Hopeless Records, Hipgnosis Music Group and music production groups such as APM Music, Soundstripe and Alibi.
Global investment company CVC has invested in parallel KKR to support the live entertainment team Superstructure Entertainment in the next phase of its development. KKR acquired Superstruct, which owns and operates more than 80 music festivals across Europe and Australia, in June 2024. CVC's previous investments include Stage Entertainment, Formula One, Women's Tennis and LaLiga.
SoundExchange and the Council of Societies for the Collective Management of Performers' Rights (SCAPR) announced that SoundExchange has become the first non-member collective management organization (CMO) to be able to create and issue International Performer Numbers (IPNs) — unique global performer-related identifiers, created and managed by SCAPR, that are used to their identification in data exchanges with other CMOs worldwide. Through the agreement, SoundExchange will create and assign SCAPR IPNs to further connect artists to their recordings, thereby improving recognition of their creative contributions. “IPNs represent another tool in our expanding arsenal to help pay the right people the royalties they deserve,” said SoundExchange President/CEO Michael Huppe in a statement.
Business-to-business distributor in the city center FUGA works with Manila, a management and production company based in the Philippines HASINDADA while announcing new hires across the APAC region including Noorcahyo Istyabudi and Jaya Singhwho will lead business development in Indonesia and South Asia, respectively. FUGA will provide global distribution and on-demand marketing services to ASINTADA, which will also have access to FUGA's trends and analytics platform. ASINTADA represents some of the biggest hip-hop artists in the region, including Filipino rapper Gloc-9 and rising OPM (Original Pilipino Music) talents such as Shanti Dope, Flow G and Skusta Clee. FUGA also announced a partnership with the Jesuit Communications Foundation, the media arm of the Philippine Province of the Society of Jesus. Crown Studios Inc., a full service talent and management company. and record label and production company 314 Studios.
Global children's audio platform Yoto secured a $15 million funding package from HSBC UK's Growth Lending Fund to support its international growth. The funding will allow Yoto, which is based in the UK and currently operates in five countries, to expand its reach beyond these markets. Yoto further plans to expand the manufacturing of its audio players and content cards to meet the growing demand. The company says it expects to double its revenue with the funding.
