The deal will end litigation claiming Columbia retaliated against a staffer who pushed back on diversity efforts. Sony had called the case "contradictory and false" and wanted it dismissed.
The deal will resolve claims that the 2022 movie featured "iconic" tracks like “I Will Always Love You” but that the producers never actually got around to paying for them.
The global giant’s recorded music division enjoys a 14% spike in revenue, with streaming accounting for 65% of earnings. Publishing also gains.
Katherine Jackson claimed the huge sale "violated Michael’s wishes," but an appeals court says the superstar's will gave his executors "broad powers" to ink such deals.
The executive will replace Patrick Mushatsi-Kareba, who is exiting the company at the end of August.
First launched in 2020, the non-partisan initiative is meant to educate artists, songwriters, industry professionals and communities about voter registration and turnout.
Apollo is the financial backer of Sherrese Clarke Soares' HarborView Equity Partners.
A California appeals court says it will likely reject Katherine Jackson's objections to the huge catalog deal.
Known for his socially conscious lyrics, the rap artist's signature style blends hip-hop with reggae and regional influences.
Sources previously told Billboard that the band was seeking $1.2 billion for the assets.
