VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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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A CHORUS OF PRAISE: IVORS 2024 NOMS
Net income for the Hipgnosis Songs portfolio increased to $27.8m in the six-month period between 3/31 and 9/30, ahead of management’s expectations for the period. Adjusted operating profit for the period before tax increased to $17.3m.
As at 9/30, the company had invested approximately £319.4m in acquiring 27 catalogs, giving them interests in 7,475 songs. Since 10/1, the company has spent £186.1m to acquire another 15 catalogs, among them Jeff Bhasker, Timbaland and Fraser Smith.
Hipgnosis Songs Founder Merck Mercuriadis reported that during the April-September period the catalogs of Benny Blanco and The Chainsmokers beat expectations and that the Ari Levine, Neal Schon, Bernard Edwards and Itaal Shur catalogs all grew strongly on the comparative period in the prior year.
