As Concord and Blackstone vie to acquire the embattled song fund, Merck Mercuriadis' future with its investment adviser remains unclear.
The annual business report assessing the health of the dance industry was presented April 24 during the IMS Ibiza conference.
The controversial legislation was included in a broader foreign aid package.
Retail Track Rides Again: Thanks to a wider selection of titles, including from artists like David Byrne, Paramore and Chappell Roan, some retailers said business was even better than last year.
The deal represents a substantial minority investment in the company, which operates across multiple verticals and boasts Jack Harlow, Saweetie and more as clients.
Gainesville's Audiodrome Record Pressing is entirely solar powered, and features a host of other sustainability-minded production processes.
The board of directors of the music royalty fund say they would switch their support from Concord's bid to the private equity giant's offer if Blackstone makes it official.
The private equity firm offered $1.24 per share, versus Concord's $1.14 per share offer issued on Thursday (April 18).
The Billboard Global Music Index dropped 4.5% this week, the largest one-week decline since Nov. 2022.
Also this week: Big changes at Big Loud, SiriusXM's content chief is sticking around and Sony makes moves in the United Kingdom and France.
