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.
Also, MusicBird acquired Midge Ure's catalog, Position Music joined forces with Big Noise Music, and more.
The company acquired a 100% interest in Ender’s publishing copyrights in all songs in her catalogue, including Luis Fonsi and Daddy Yankee's global hit song.
The German-owned publisher and label reported its 2022 revenues rose nearly 31% to 866 million euros ($912.6 million).
Tuesday's decision, which also awarded BMI an expanded revenue base, marks the first such rate increase since 1998.
How will the Copyright Office rule when human and AI contributions are more intertwined in music?
The cuts hit the company's CD Baby, Downtown Publishing, Songtrust and DMH divisions with many affecting publishing-related roles.
The music asset investment firm has been quietly buying rights for two years, with a catalog numbering 1,500 songs and growing.
Emmyn Calleiro of Games We Play, along with rising country artist Bailey Callahan, are the first signings.
Tech firm is trying to ‘hold artists at gunpoint,’ one rights group says of removal of repertoire of Italian Society of Authors and Publishers.
