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Trending
  • Latest Music Industry Hires: RCS Worldwide, Ground Control Touring, Arc28 Entertainment, Nebula17, SeatGeek, Dolly Parton Estate, More
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Alliance Entertainment going public SPAC

Distributor Alliance Entertainment Is Going Public On the New York Stock Exchange

Ashley King
June 24, 2022
Alliance Entertainment is going public via a special acquisition (SPAC) merger. Here's what we know. Alliance Entertainment Holding Corp. has announced a deal with Adara Acquisition Corp. Upon closing, the c... Read More...

Universal Music Group Issues Over $1 Billion In ‘Eurobond’ Notes

Dylan Smith
June 24, 2022
Universal Music Group (UMG) has officially issued €1 billion (currently $1.06 billion) worth of “Eurobond” notes. The Big Three record label, which listed shares on the Euronext Amsterdam last September, ju... Read More...
Apple Music dock bug fixed on iOS

Apple Music Will Crack 110 Million Subscribers By 2025, J.P. Morgan Says — As Apple Services Approach One Billion Paid Users

Dylan Smith
June 21, 2022
Because Apple only discloses its paid-user total for all services – including Apple Music, Apple Fitness+, Apple TV+, and more – the precise number of Apple Music subscribers has long been a subject of specul... Read More...
Spotify Blend

Hybe Stock Plummets By Nearly 25% After BTS Members Announce Plans to Pursue Solo Careers

Dylan Smith
June 15, 2022
Shares of BTS agency Hybe (KRX: 352820) have parted with about one-quarter of their value following the announcement that the K-pop mainstay’s seven members will take time off to pursue solo projects. BTS r... Read More...
SeatGeek Going Public 2022

SeatGeek Calls Off $1.35 Billion SPAC Merger Due to ‘Unfavorable Market Conditions’

Dylan Smith
June 2, 2022
In late April, upon announcing record revenues for Q4 2021, ticket platform SeatGeek doubled down on plans to go public via a special purpose acquisition company (SPAC) merger. Now, the latter deal has been c... Read More...
warner music group

Warner Music Group Announces $77.2 Million Quarterly Dividend After Shares Hit 52-Week Low

Dylan Smith
May 13, 2022
Earlier this week, Warner Music Group stock (NASDAQ: WMG) dipped to a 52-week low of $24.39 per share. Now, the Big Three record label has announced a quarterly dividend. Manhattan-headquartered Warner Musi... Read More...
daniel ek

Daniel Ek Purchases $50 Million Worth of Spotify Stock After Shares Hit Record Low

Dylan Smith
May 6, 2022
Spotify CEO Daniel Ek has officially announced the purchase of $50 million worth of his company’s stock after shares late last month dipped to a record low of $95.22 apiece. Daniel Ek just recently took to ... Read More...
Live Nation earnings

Live Nation CEO Michael Rapino Has Sold Almost $160 Million In Company Stock During 2022

Dylan Smith
April 27, 2022
Live Nation president and CEO Michael Rapino has sold nearly $160 million worth of stock in his company since 2022’s beginning, Securities and Exchange Commission (SEC) filings have revealed.   Digital Music... Read More...
SeatGeek Going Public 2022

After Reporting Record Revenues, SeatGeek Is Going Public via SPAC

Ashley King
April 20, 2022
SeatGeek has announced record revenues for Q4 2021. The ticket resale platform is also planning a SPAC merger to go public later this year. SeatGeek announced $82.5 million in net revenue in Q4 2021, more th... Read More...

Deezer Officially Confirms SPAC Merger, Outlines Goal of Generating €1 Billion During 2025

Dylan Smith
April 18, 2022
Five days back, reports suggested that French streaming service Deezer was preparing to go public as part of a special purpose acquisition company (SPAC) merger. Now, the Access Industries subsidiary has offi... Read More...

Steinway Files For IPO, Charts China Expansion as Annual Sales Approach $540 Million

Dylan Smith
April 15, 2022
Steinway Musical Instruments Holdings, the entity behind 169-year-old piano company Steinway & Sons, has revealed plans to list shares on the New York Stock Exchange (NYSE). The IPO ambitions of Astoria... Read More...
Vivendi shareholders approve plan for UMG IPO

Deezer Reportedly Prepares to Go Public As Part of SPAC Merger

Dylan Smith
April 14, 2022
Spotify competitor Deezer is reportedly preparing to go public as part of a special purpose acquisition company (SPAC) merger. The Wall Street Journal just recently reported on Deezer’s rumored SPAC merger ... Read More...
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