Also this week: Concord Label Group taps a business affairs senior vp, Warner Chappell Production Music expands to Brazil and more.
Also this week: Capitol Records Nashville appoints a vp of promotion, UMG taps a film industry legend as chairman of the board and more.
The combined deals, estimated at around $200 million total, marks an acceleration of a run on hip-hop assets.
Bad Bunny and Harry Styles led Sony to big gains in current market share in 2022, while Republic's huge fourth quarter helped it end the year on an upswing.
In his annual New Year's letter to Universal employees, Grainge highlighted the company's successes but also called for change in an era of "bad actors."
The 130-room hotel is located inside the historic Albéniz Theater building, where Antonio Banderas' take on the musical Company is currently playing.
The case is the latest legal scuffle for the TikTok-like social media service, which is also embroiled in a similar fight with Sony.
Andres Titus & William McLean claim UMG artists have been cheated out of royalties due to a "sweetheart" licensing deal the label struck with Spotify in 2008.
In a year without major IPOs, the majority of the most valuable music business deals involved catalog acquisitions in one way or another.
Upbeat third-quarter results defied a mostly bleak earnings season for other sectors.
