Music distributor based in South Korea PS SYNsubsidiary of K-pop powerhouse YG Entertainment (BLACKPINK, BabyMonster), has signed a licensing deal with the African streaming and download service Boomplay which will bring YG's catalog to the platform. According to a press release, Boomplay has 70 million users. “We look forward to a successful partnership with YG PLUS that will bring their catalog to new listeners and help their artists connect music lovers and fans in the African region,” Boomplay said in a statement.
Hitmaker Distribution signed a distribution deal with an indie label Blac Noize! Recordingsin which founder/CEO of Hitmaker Tony Bucher is a partner. Blac Noize's roster includes HitKidd, Jdot Breezy, Nevi, Toure and Marc Nasty.
Tunespottera database of audio-visual clips that allows users to search, listen to and view “timed moments” from movies, TV shows, trailers, games and commercials, acquired What-song.com. The deal effectively combines “the data and search power of two leading music search platforms – allowing users to see, hear and learn more about sought-after TV or movie moments in one, easy-to-use place,” according to the press release. release. “The database we've built gives Tunespotter an instant aggregator and audience,” added the What-song.com founder Tom Andrew. “Their ability to empower the user journey with their incredible visual tool and social app capabilities extends our reach and reinforces our strengths, positively impacting consumers with more rewarding, long-term engagement.” Tunespotter claims that What-song.com attracts more than 1 million unique users per month.
Warner Music Brazil invested and partnered with Sua Música group, which owns Brazilian music platform Sua Música and distributor Sua Música Digital. Through the agreement, the companies will work together to develop local artists and songwriters. According to a press release, Sua Música Digital manages the digital careers and handles rights management for more than 1,000 artists across Brazil, including Tarcísio do Acordeon, Vitor Fernandes and Thiago Aquino. “The combination of Sua Música's significant presence in local music with our national reach and global network will strengthen the efforts of both companies and offer artists new creative and commercial possibilities and opportunities,” said the president of Warner Music Brazil . Leila Oliveira in a statement.
Private equity firm Goldman Sachs Alternatives acquired a majority stake in the live experience company NOTHING from Providence Equity Partners, subject to regulatory approvals. No financial details were released. “Goldman Sachs' network and expertise will enable us to grow our global footprint and offerings, enabling the firm to better serve clients, drive innovation and pioneer new technology,” said Goldman Sachs CEO TAIT Adam Davis in a statement announcing the agreement. TAIT has worked with artists and brands including Taylor Swift, Cirque Du Soleil, Beyoncé, Royal Opera House, Nike, Google and The Olympics.
Business to Business Distributor owned downtown FUGA announced partnerships with three British music companies: A housedrum and bass label Critical Music and Berry's Room, an imprint of British-Nigerian Afrobeats artist Maleek Berry. One House (Eliza Rose, Pretty Girl) will benefit from FUGA's global distribution and marketing services, including physical distribution, syndication, YouTube channel management and access to FUGA's trends and analytics platform. Critical Music (QZB, Mefjus, Waeys, Ivy Lab) will use FUGA's global distribution and marketing services to support their current and future releases. And Berry's Room will use FUGA's distribution, marketing and YouTube channel management services for Berry's catalog and the release of his upcoming debut album. FUGA will also help the imprint support other Afrobeats artists.
Shamrock CapitalThe Content Strategy division acquired a film, television and music portfolio from Vine Alternative Investments. The portfolio has an ownership interest in more than 450 songs, according to a press release. Shamrock did not confirm which songs were included in the deal.
RedOne's Producer and Creative Executive 2101 Records The imprint signed a distribution deal with Vidya, a sub-gamma distribution service. umbrella. Vydia will support 2101's roster and manage the rights and distribution of RedOne's back catalog.
Independent dance music label Armada music collaborates with an electronic music duo Deep plate in a deal that will see Armada handle some of Deep Dish's music catalog — specifically, the duo's 2005 album George is open. Through the deal, the album returned to DSPs and download portals worldwide on Friday (July 19) for the first time in several years.
Global development company Triple G Venturesled by the CEO Greg Steinannounced collaboration with Revealing, which provides digital IP infrastructure to independent music businesses. Through the agreement, Triple G will help strengthen Revelator's market presence, develop and increase awareness of Revelator's integrated digital rights and royalties management solutions. Stein will also be Revelator's new chief marketing officer.
