The music industry is on the move: Daddy Yankee signs with WME
Pioneer artist of Puerto Rican reggaeton Daddy Yankee signed with WME In all areas. Among many other feats since his appearance in the 1990s, he recently became the only Latin artist to record over a billion Spotify streams across three tracks, and has also amassed over 7 billion streams over the past 12 years. months only on YouTube – due only in part to “Despacito”, his collaboration with Luis Fonsi. In 2018, her single “Dura” was the second most viewed video in 2018 and in 2019, “Con Calma” scored the number of “most viewed” video in the world on YouTube and received over a billion stream on Spotify. Other hits include “Gasolina”, “Rompe”, “Limbo” and “Que Tire Pa’Lante”…
+ eOne Music changed his name to MNRK Music Group (pronounced “Monarch” like the butterfly), on the occasion of Hasbro’s sale of its eOne music division in June 2021. MNRK Music Group will now operate as a stand-alone consolidated music company focused on recordings, publishing and performance. artist management. Chris Taylor will continue to lead MNRK Music Group as President and CEO. “Our migration as a premier destination for musical talent is taking a giant leap forward today with a new name and new owners who are incredibly well-resourced and as excited about the opportunity as we are. We are ready to fly! Taylor says. Additionally, MNRK Music Group will continue to work closely with eOne’s television and film divisions, with several projects to be released in 2021, including the soundtracks for the movie “My Little Pony” and the eOne / Netflix movie “The Starling “, and music from British Preschool Animated TV Series Peppa Pig. The company’s roster includes Lumineers, Brandy, the Game, Juicy J and management clients Kaytranada, Lupita Infante, Powfu and more.
+ Round Hill acquired the catalog of the legendary R&B group on O’jays, comprising 100% of the main royalty income from the US group’s 532 original recordings. Titles include “Love Train”, “Use Ta Be My Girl”, “Cry Together”, “Back Stabbers”, “For the Love of Money” – the theme song from “The Apprentice”, for better or for worse – and more. According to the announcement, the O’Jays’ revenue mix is 64% streaming, 3% physical, 10% download, 17% sync, and 6% other. The O’Jays are two-time Grammy Hall of Fame inductees, were inducted into the Rock and Roll Hall of Fame in 2005 and into the National Rhythm and Blues Hall of Fame in 2013
+ The Southern California-based record label of veteran artist manager Pat Magnarella Enci Records (Fences, the Joy Formidable, Kulick, The Aquadolls) announced a joint venture agreement with an independent group based in Nashville LV Music, founded by Grammy-winning songwriter-producer Femke. The first signing under the new joint venture is Scottish alternative band Dancing On Tables, who are currently recording their debut album, which will be released in 2022.
+ Urban Live Nation named Husband Arionne Davies Vice President of Reservations and Talent, announced President Shawn Gee. According to the announcement, in this new role, Davies handles artist reservations for Live Nation Urban festival properties and tour brands. Overseeing the department, she will actively seek partners to introduce a new generation of tours, festivals and activations. Drawing on a background in social justice, she was also called upon to find avenues of identity to support underserved voices in the business. During his agent career, Davies has worked closely with A Boogie Wit Da Hoodie, Kelly Rowland, NBA star Matt Barnes and comedian-actor Hannibal Burress.
“We are delighted to bring Mari to the helm of our festival and tour booking activities,” said Gee. “She is a rising star in the industry, and we are fortunate to have her on the Live Nation Urban team.”
+ Big Machine Label Group hired Kaylan moody and Josie hardin in his marketing department as a start-up team leader and digital marketing manager, respectively, and promoted Flo Myerscough-Harris labeling assistant, UK
“We are thrilled to see the immediate impact that Kaylan and Josie are having on our artists,” said Mike Rittberg, executive vice president of BMLG. “Their work ethic and creativity have already been an asset to our team. I am also delighted that Flo has a full time position within our UK team. There really is nothing better than seeing one of our interns grow within the company.
+ Utopia Music named Paul stuart as head of litigation. Based in Stockholm, he reports to the Managing Director of Utopia, Markku Mäkeläinen. Stuart joins Utopia from Soundtrack Your Brand (formerly Spotify Business) where he was General Counsel and Head of Commercial Affairs. Prior to that, Stuart held senior positions at EMI Music in Sweden and on the video streaming platform Magine Pro. He started his career at the leading Nordic commercial law firm, Mannheimer Swartling, and also spent time at Malmö District Court.
Mäkeläinen said: “Paul brings years of experience in copyright and music industry legislation, making him a crucial addition to our team and to fulfilling the mission of ‘Utopia of ensuring fair payment for each part. We provide an infrastructure for the music ecosystem that will secure and support the rights of creators throughout their lifecycle.
Monday September 27
Ticket platform Of raised up to $ 122 million in Series C funding in a round led by new investor, SoftBank Vision Fund 2, with follow-on investments from Tony Fadell’s Future Shape, Blisce, from French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution.
“We believe DICE technology has the ability to transform the future of live entertainment,” said Yanni Pipilis, Managing Partner of SoftBank Investment Advisers. “Along with the flexibility and security of seamless ticketing, the platform connects fans, artists and venues in a whole new way… We are excited to partner with DICE to help create experiences. remarkable events for fans around the world. “
According to the announcement, Dice will use the funding to “dramatically grow the business by expanding the reach of artists, fans and venues, while hiring new team members, adding to its live streaming offering, and expanding its reach. launching an ambitious artist development program that will see the platform work with even more artists directly on their live strategy.
“Dice is rewiring the live experiences industry. We’ve proven that if you treat fans well, they come out more, ”said Founder-CEO Phil Hutcheon. “We’re overhauling an unfair and inefficient system by developing a transparent, data-driven, fan-driven approach – creating an evolving ecosystem that helps artists, promoters and venues thrive. Having SoftBank as a partner allows us to develop in all markets.
Tony Fadell, inventor of the iPod and co-inventor of the iPhone, joins Dice’s board of directors to support the development and expansion of the platform in the sites.
+ Warner Music Group and Tic announced a “first-of-its-kind” partnership that will see the companies launch various recording artist channels and create a stand-alone music space featuring premium music-centric programming. The deal marks Twitch’s first partnership with a major record label, giving users ways to interact with music-related content on the service and giving artists a more direct connection with fans.
Additionally, Twitch has created a new process where participating music rights holders, including WMG, can choose to report certain uses of their music, to deal with when creators inadvertently or accidentally use music in their streams. This comes in tandem with last week’s announcement of a deal between Twitch and the National Music Publishers Association that does not amount to a licensing deal but apparently eases long-standing tensions between the two entities.
Oana Ruxandra, Chief Digital Officer and EVP, Business Development, WMG said: “It is clear that Twitch is a must-have space for all types of creators to connect with their fan communities. Our partnership creates a ramp for artists to access the service with the strong support of Twitch, opening up a whole new source of additional revenue. Between the dedicated artist channels and the premium shows we plan to launch, music lovers will have a refreshing new take on the music world and the lives of their favorite artists.
Tracy Chan, VP, Head of Music, Twitch added, “Twitch has always been – and will continue to be – creator first. For fans, artists and all creators, this is a big step forward. The myriad of opportunities for fans and artists to form meaningful, direct and valued relationships on Twitch continue to expand every day. By working together, we can create new paradigms and opportunities for artists and the Twitch community, all grounded in fan passion. We appreciate the step-by-step approach of our colleagues at Warner Music and look forward to a productive partnership. “
The partnership with Warner Music Group’s recorded music business will see the launch of channels of WMG artists, including Warner Records artists Bella Poarch and Saweetie and Atlantic Records singer / producer Sueco.