FOSTER CARE: Look for Grammy-winning producer David Foster to be named Chairman of a bolstered Verve Music Group, as UMG prepares to relaunch it as a stand-alone label with an increased staff. Verve had previously come under the direction of UMe head Bruce Resnikoff. Foster was brought aboard by UMG boss Lucian Grainge to beef up the company's Adult Contemporary roster, and putting him in charge of Verve is part of a commitment to bolster the music group's A&R and creative talent rosters. Foster previously helmed his own 143 Records at Warner Music Group. (7/29p)
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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