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NEAR TRUTHS: SPRING BLOOMS
Here come the big guns. (3/28a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
CITY OF HOPE TAPS MARCIANO FOR TOP HONOR
This year's philanthropic model (3/28a)
TRUST IN THE TOP 20
Hip-hop is no longer hibernating. (3/28a)
UMG BROADENS SPOTIFY OFFERINGS
Sir Lucian and Daniel are in harmony. (3/28a)
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!
Blighty Beat
SONY UPS STAKE IN SYCO
1/11/17

Freshly filed accounts have revealed that Sony’s six-year deal with Simon Cowell’s Syco in 2015 was worth £86m with the major company tripling its share to 75%. The length of the new deal was revealed by Cowell during his MITs acceptance speech, with numbers spotted by British tabloid Daily Mail via a January filing at Companies House.

£52.4m of that £86m was paid in 2015, with a further £33.4m due before 2021. Cowell’s share is down from 40% to 20% as a result, with Sir Philip Green also taking a 50% cut from 10% to 5%.

The TV and music firm that encompasses label Syco and the X Factor and Britain’s Got Talent franchises made £1.46m in the 39 weeks to March 2016.