The purchase of music catalogues is becoming the equivalent of premier league clubs purchasing the world’s best footballers; the money spent is out of this planet! Furthermore, Sony Music Entertainment has purchased Bruce Springsteen’s music rights for a whopping 550 million dollars! Although we do not know the ins andContinue Reading
Warner Music Group recently purchased 300 Entertainment from Kevin Liles, and it has emerged that the record company paid $400 million in cash for the label. Kevin Liles founded 300 Entertainment in 2021, with former Warner Music staffer Lyor Cohen working alongside him.Continue Reading
EMPIRE, the distributor and publisher, is leading the music industry with cryptocurrency payments, having paid a $1 million advance in Bitcoin using Cash App. Money Man received the first advance of its kind, with the distributor utilising modern technologies.Continue Reading
The British government, led by Boris Johnson, has announced a live events reinsurance scheme covering concerts and festivals that cannot go ahead due to COVID-19. According to the government, it is: “One of the only insurance schemes in the world to cover such a wide array of live events andContinue Reading
