The Neon16 and Ntertain Latin music moguls rebrand the Arro agency as AM16.
The deal, which also encompasses elements of McAnally's master royalties, includes a global admin agreement for SMACKSongs and SMACKBlue.
Also this week: Sony Music Masterworks invests in live events producer Proactiv, music collaboration platform boombox.io raises funds and more.
Also this week: Seeker Music acquires the catalog of Go-Go's member Charlotte Caffey, 300 Entertainment launches label JV with Remain Solid and more.
Lior Tibon and Christopher Nolte's new venture will provide funding in exchange for catalogs, individual tracks or parts of tracks.
The deal, which could give equity to the artist, involves the 60% stake controlled by the company’s Venezuelan founder, Rafael Ricardo Jiménez Dan.
Also this week: Snapchat reaches new music licensing deals, Young Miko's label signs a distribution pact with Capitol Music Group and more.
The company will sell its 66.9% stake in the nightclub and restaurant company to Mohari Hospitality in a deal that values Tao Group at $550 million.
Also this week: NetEase renews its licensing deal with "Mandopop" label Rock Records, Symphonic enters the Web3 space and more.
The deal will "help deliver scalable solutions for the music industry while simplifying music use" for digital platforms and brands, says CEO Paul Wiltshire.
