Deal to buy company from Utopia Music values Sentric at €47 million and is first step in “a global and comprehensive publishing offer," Believe CEO says.
The German-owned publisher and label reported its 2022 revenues rose nearly 31% to 866 million euros ($912.6 million).
The entry also says Tolokonnikova faces criminal charges, but it didn’t specify what the charges are.
On the new joint LP Piano Republik, Diplo says, "My job as a producer was to make this project about the world. How do we translate these records to everybody?"
The Island Records founder, Beninese-French artist/activist and Estonian composer will be honored in Stockholm.
HYBE will offload its 15% stake to its South Korean rival, marking an official end to the bidding war that erupted over SM.
As the company explores a new system with Universal Music Group, CEO Jeronimo Folgueira suggests different countries may require different systems.
As revenue growth slows in the developed world, AI makes executives nervous, China surges to No. 5 and all eyes turn to Africa's massive potential.
TME says growth in subscriptions failed to offset a nearly 20% decline in its social entertainment services business.
The songs pulled include "Apna Bana Le" from the hit film "Bhediya," which was the most-streamed track on the service over the past two weeks.
