The deal, which is likely worth at least $600 million, includes half of the late star's publishing and recorded masters catalog.
For music stars like Usher, J. Cole, Justin Timberlake and more, a small stake in a big team can yield big returns.
Also this week: Curb's national director of promotion eyes retirement, four promotions at Stem and UTA elevated [checks notes] 104 people.
The company attributed the revenue drop to smaller-sized concerts and “slow business conditions” for its content-related subsidiaries.
Also this week: Skybound launches a new label with FUGA and Downtown, Nigerian singer-songwriter Joeboy teams with Warner Music on a new imprint and more.
With its flagship Dave’s Picks series and the support of Rhino Entertainment, the Grateful Dead have become a perennial chart presence decades after debuting.
President and CEO Mike O'Neill will continue to lead the PRO.
The Fanatics founder and CEO (and "white party" maestro) offers sage business advice to star athletes and artists.
Dario Draštata (Dallas Records, Croatia), Fran Sandoval (IMICHILE, Chile) and Marty Ro (Sound Republica, South Korea) are among the new WIN directors.
“We now have a very clear path to profitability,” says Vinyl Group CEO Josh Simons.
