Music Business Worldwide News

1. Concord prices $1.8bn bond offering backed by over 1m music copyrights

   Transaction is claimed to be 'the largest asset-backed securitization offering of music rights in the industry to date'

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2. Connect Music Group expands operations in UK via acquisition of artist and label services firm MTX

   MTX was founded in 2018 by Mike Bartlett and Mike Mills

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3. Vevo DSCVR Artists To Watch 2023: K-Trap, Lauren Spencer Smith, Ramon Vega, flowerlove

   Four more from VEVO's global lists of artists tipped to make their breakthrough in 2023

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4. Atlantic’s Julie Greenwald and Craig Kallman to receive 2023 Salute To Industry Icons Honor at Clive Davis Pre-Grammy Gala

   Atlantic Records celebrates its 75th anniversary in 2023.

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5. Xplicit signs with Electric Feel Entertainment and Sony Music Publishing

   New management team and publishing partner for hit songwriter

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6. TuneCore has paid out $3bn to self-releasing artists to date

   TuneCore reported further that its music publishing division has paid artists close to $90 million to date

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7. Merlin partners with fitness app Supernatural to bring indie music to Meta Quest virtual workouts

   Supernatural claims to be 'world's first subscription-based, full-body fitness service for virtual reality'

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8. Hipgnosis Songs Fund revenues climb 7.5% YoY, streaming revenues up 15.8% YoY, in most recent half-year period

   Positive signs for Merck Mercuriadis-led company in latest set of public figures

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9. [PIAS] to distribute Universal-owned Spinefarm Records as part of companies’ global alliance

   Label will be distributed worldwide basis through the [PIAS] services division [Integral]

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10. Tuned Global partners with two firms in the medical technology space, MediMusic and Nue Life Health

    Tuned Global to provide metadata, music content, and streaming service functionality through its suite of APIs

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