A NEW TURN FOR STENNETT

U.K.-based mega-manager Sarah Stennett is believed to be entering into a new joint venture with Len Blavatnik’s Access Industries, surprising industry observers, who had expected her to affiliate with UMG or Sony.

It's said the newco will be a music-based company but will also dabble in film, TV and, of course, fashion, an area in which Turn First has thrived.

Speculation has Stennett selling a part of her Turn First management company, which will be part of the new venture, but her clients, including Def Jam's Iggy Azalea, Cherrytree/Interscope's Ellie Goulding, Roc Nation/Columbia's Rita Ora and RCA's Zayn Malik, will remain with their present labels.