The consortium purchased 19.6 million of Believe's 113 million shares in a two-week tender offer, upping its holdings from 85% a week earlier.
Other artist ambassadors recruited for the program include Herbie Hancock, Armani White, Breland, Justin Tranter and Lainey Wilson.
The Billboard Global Music Index fell 0.3% to 1,814.88, bringing its year-to-date gain to 18.3%.
Also this week: Music Publishers Canada names its 2024 women in music accelerator class and Bayker Blankenship debuts on the Billboard Canadian Hot 100.
Also this week: Warner Records bulks up its A&R department, Symphonic eyes Asia and a Winger collaborator joins Frontiers Label Group.
The tool, which is backed by Merlin, helps labels identify ways to reduce their greenhouse gas emissions and improve sustainability practices.
Ducrou is Australia’s leading female concert and festival promoter.
The Grammy-winning artist re-joins the agency following a more than four-year stint at WME.
With the release of The Circle Broken, the activist and Anything for a Hit author is using fiction as a vehicle to call out music industry corruption.
Produced by reuse company r.World, the cups are good for 300 uses and are already at more than 200 venues across the U.S. Their creator says this is just the beginning.
