Friday, January 28, 2022

Glenn Peoples

Pimco Partners With BMG to Acquire Music Rights

Pimco is the latest institutional investor to enter the booming market for music rights. The investment manager, which has $2.2 trillion under management, is teaming up with BMG to acquire music catalogs, The Financial Times reported Thursday (Jan. 13)....

Spotify is Fastest-Growing Music Service in the U.S., According to Morgan Stanley Survey

Spotify is the fastest-growing music service in the United States, according to a new survey by Morgan Stanley. From 2019 to 2021, the streaming platform’s share of the average American’s listening hours increased from 7% to 10%. That’s well...

Inside Hipgnosis Songs’ Mid-Year Report

Hipgnosis Songs Funds improved its gross revenue for the six months ended Sept. 30 by 35% year-on-year to $85.3 million, primarily due to the revenue from eight catalogs with 1,315 songs acquired in the previous six months, the company announced Thursday (Dec....

What Is Eldridge Industries? A Primer on Sony’s Springsteen Partner

Bruce Springsteen’s blockbuster catalog sale to Sony Music Group this week also established a new player in rights acquisitions.Investment firm Eldridge Industries, which partnered with Sony to finance the purchase of Springsteen’s publishing, now holds a stake one of...

Lyric & Northleaf Launch $300M Bond Backed by Pete Townshend, Tim McGraw Royalties

Northleaf Capital Partners will raise $303.8 million through the sale of bonds backed by music royalties of The Who’s Pete Townshend, country star Tim McGraw and other artists in Spirit Music Group’s wide-ranging collection of music rights.The bonds will...

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Discovery Plus Sets Indian Wrestling Series ‘Dangals of Crime’ – Global Bulletin

STREAMING Discovery Plus India’s original investigative documentary series “Dangals of Crime: The Untold Truth About Indian Wrestling,” is now...
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Em Beihold Signs With Moon Projects-Republic Records (EXCLUSIVE)

Moon Projects, former TikTok music chief Mary Rahmani’s joint venture with Republic Records, has unveiled its first signing: Los Angeles-based singer-songwriter Em Beihold, whose...

‘Last Flight Home’ Review: A Family Says Their Goodbyes in Intimate End-of-Life Doc

In Jan. 2021, Eli Timoner, 92, decided to make use of California’s End of Life Option law. His daughter, the award-winning documentary director Ondi...

Bono and the Edge in Conversation About U2, Their Song for ‘Sing 2,’ and How Music Saved Their Lives, Too

The season of Lent is a ways off, but Bono already knows what he’s giving up: humility. “During the week there was this story...

‘All of Us Are Dead,’ Netflix’s Inventive New Korean Drama, Strands Zombies in High-School Nightmare: TV Review

SPOILER ALERT: This review includes some spoilers for Netflix’s “All of Us Are Dead,” which premiered Friday, January 28. As the last, desperate teen...