Music Market – MP3ar http://mp3ar.com/ Sun, 26 Sep 2021 04:28:04 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://mp3ar.com/wp-content/uploads/2021/07/icon-150x150.png Music Market – MP3ar http://mp3ar.com/ 32 32 Tina Arena denounces the lack of support for the music industry during the pandemic https://mp3ar.com/tina-arena-denounces-the-lack-of-support-for-the-music-industry-during-the-pandemic/ Sun, 26 Sep 2021 00:18:52 +0000 https://mp3ar.com/tina-arena-denounces-the-lack-of-support-for-the-music-industry-during-the-pandemic/ Tina’s Arena has targeted Australia’s lack of support for the entertainment industry amid tour cancellations throughout the pandemic, despite sporting events being allowed to take place. Appearing on Studio 10 Friday to discuss the next The time of young talents 50th birthday special, Tina didn’t hesitate when Angela Bishop asked how she was handling the […]]]>

Tina’s Arena has targeted Australia’s lack of support for the entertainment industry amid tour cancellations throughout the pandemic, despite sporting events being allowed to take place.

Appearing on Studio 10 Friday to discuss the next The time of young talents 50th birthday special, Tina didn’t hesitate when Angela Bishop asked how she was handling the current lockdown.

“I really struggled and I’m comfortable saying it. I had a very difficult time, like a lot of people. I am deeply against being locked up – the injustice is too great, ”Arena began.

“I also hate the differentiation between sport and the arts in Australia. As an artistic community, we are now going to draw the line in the sand and say, “No more double standards now,” she continued.

“Sport is a good thing, but life is not just about sport, life is about art and culture… I would encourage the arts community to come forward, and I encourage everyone to come forward. world to start thinking straight now. “

Angela Bishop then commented that the entertainment industry had seen a major shutdown in the form of tours and festivals, “but never the soccer game.”

“It’s a blatant disrespect,” Arena said.

Do you like pop?

Get the latest Pop news, features, updates and giveaways straight to your inbox Learn more

“I’m sorry, it’s rude, disrespectful and shouldn’t be allowed to play at all. Never silence an artist – we play an important role in the social fabric of any country. It is freedom of speech, and I will fight for it until the day I die.

Bishop went on to point out that one of Tina’s recent live shows before the country’s second lockdown took place at the February 2020 Firefight charity concert for Australian bushfire victims.

“It seems people have forgotten the artistic community when they are in need, ”she suggested, to which Arena agreed.

“In the event of a problem, the artistic community has always rolled up its sleeves. We went there and did what we had to do. We’re very happy to play this role to help people – that’s what we do, ”Tina added.

“Now we have problems, can anyone help us?” No. It’s amazing how people fly away and disappear, yet they ask us very quickly to work for free, to forgo any form of remuneration on record sales.

She continued, “You know what? ENDED. We’re done, and now we’re saying it. Just stop this ridiculous and absurd behavior. It has to stop.

“Don’t cancel any of these tours, ladies and gentlemen, keep your tickets!” We have to work, the public needs a break, so the immediate future for us is that we will see you at work as soon as possible.

To learn more about this topic, follow the Pop Observer.

Discover Tina Arena on Workshop 10:


Source link

]]>
The record of the music industry is far from over https://mp3ar.com/the-record-of-the-music-industry-is-far-from-over/ Sat, 25 Sep 2021 14:00:00 +0000 https://mp3ar.com/the-record-of-the-music-industry-is-far-from-over/ Let’s be clear, Sony is not alone – Universal Music Australia is going through its own crisis after allegations of sexual misconduct, once again aired on Instagram. Universal acted quickly to respond to the allegations. Managing Director George Ash has acknowledged his own examples of unacceptable comments and an investigation has been launched into the […]]]>

Let’s be clear, Sony is not alone – Universal Music Australia is going through its own crisis after allegations of sexual misconduct, once again aired on Instagram.

Universal acted quickly to respond to the allegations. Managing Director George Ash has acknowledged his own examples of unacceptable comments and an investigation has been launched into the workplace culture there. The industry rumor mill is buzzing that a senior executive has been fired, but Universal says it hasn’t.

Undoubtedly, more stories will emerge on other record labels, management companies, venues and tour operators as, as the first wave of Australian music taking cultural issues into account in the industry has claimed a number of high level scalps, it is far from over.

WhatsApp groups guess the authors referred to by the authors Under the glass ceiling continue to thrive. The victims who have spoken out continue to campaign for the industry to be a safer place to work for women, and already people in management companies and places are starting to sweat over the stories they recognize even though messages are anonymous.

And, when people have the courage to speak up, you will start to hear stories about artists.

Some of the rumors that exist about the artists and the efforts of their labels and management companies to silence the victims are heartbreaking.

If they are true, these victims will have to relieve their trauma and speak out publicly. For many, this is too great a personal risk to take.

Of course, with harassment allegations that may not lead to criminal charges, the best option for an accused is to bring legal red tape. Defamation law in this country is a multi-million dollar business and some are making good profits silencing those who try to speak the truth in power.

The labels and management companies of these artists who work to silence victims and keep them from speaking out are complicit in making the industry a dangerous place and perpetuating the problems that industry executives insist on. try to solve.

Legendary manager Leanne De Souza, who has led the careers of artists such as Kate Miller-Heidke and Thelma Plum, wrote on Twitter this week: “Leadership in the music industry doesn’t come on panels, in press releases or to appeal to sponsors. Only. Make. The. Job.”

It remains to be seen whether the leadership of the Australian music industry has the power to do so. There are still whisper campaigns on many people working in the industry, but as soon as their protectors get wind the whispers get louder and louder, rather than addressing the abuser in the room and talking. wonder if these whispers are true, they appeal to lawyers.

It is right to seek legal support for defamatory language, using Australia’s outdated defamation laws to silence vulnerable women is shameful.

It shouldn’t require a victim to be traumatized again for something to be done. The industry owes it to the people who have been chewed on by the machine to simply fix it, while also doing it for the next generation so that it can thrive in what should be a safe and cohesive industry.



Source link

]]>
Music, market in the park; Mass for Hispanic Heritage Month, last drive-in, record riot of the season, more https://mp3ar.com/music-market-in-the-park-mass-for-hispanic-heritage-month-last-drive-in-record-riot-of-the-season-more/ Thu, 23 Sep 2021 16:04:10 +0000 https://mp3ar.com/music-market-in-the-park-mass-for-hispanic-heritage-month-last-drive-in-record-riot-of-the-season-more/ BBQ to show appreciation from the community The Redeemer Lutheran Church will be hosting its Community Appreciation BBQ on Saturday, September 25 at 1 p.m. to thank those who have supported their mission. Refreshments will be served with burgers, hot dogs and fries. The barbecue will be held in the parking lot of the Redeemer […]]]>

BBQ to show appreciation from the community

The Redeemer Lutheran Church will be hosting its Community Appreciation BBQ on Saturday, September 25 at 1 p.m. to thank those who have supported their mission.

Refreshments will be served with burgers, hot dogs and fries. The barbecue will be held in the parking lot of the Redeemer Lutheran Church at 37 Wayne Ave., Jersey City. Masks must be worn and social distancing will be in effect.

Saturday in the park in Jersey City

West Side Arts & Music JC and Jersey City Women’s Collaborative will be hosting a day of live music and a fall market on Saturday, September 25 at Lincoln Park near the entrance on West Side Avenue.

The event supports local women creators. The Fall Market opens at 1 p.m., with music starting at 2 p.m., featuring Twiddlin ‘Thumbs, San Simon and Hudson City Rats.

The event is made possible by Hudson County, the West Side Partnership and the City of Jersey City.

Last record riot of the season

Jersey City’s last record-breaking riot of 2021 will take place on Saturday, September 25 at Grove Street PATH Plaza, 116 Newark Ave., Jersey City, from 11 a.m. to 5 p.m.

Admission is free and there will be over 25,000 records for sale as well as vinyl characters and music. Record sellers include Bash & Pop’s Jiggs, Asbury Park’s Hold Fast, Iggy V., Little George, Steve Palmietto, Joey Barbosa, Iris Records, and more.

Over 40 commodity tables will be ready for viewing.

Cardinal Tobin to lead Hispanic Heritage Month mass

In honor of National Hispanic Heritage Month, Cardinal Joseph W. Tobin, C.Ss.R., Archbishop of Newark, will lead a Hispanic Heritage Mass on Friday, October 1 at 8 p.m. in the Cathedral Basilica of the Sacred Heart from Newark.

All are welcome to attend Mass in Spanish, which will be concelebrated by the four Auxiliary Bishops of the Archdiocese and numerous priests from the counties of Bergen, Essex, Hudson and Union. Those gathered will celebrate Hispanic culture and the essential role that the Catholic faith plays in it.

Prayers will also be offered, especially for those struggling with poverty, immigration issues and civil unrest in places like Cuba and Central America.

The Hispanic Heritage Mass will feature songs popular among the Hispanic community to complement traditional organ music. The celebration will include additional musicians and a procession of flags representing the 20 Latin American countries.

The Cathedral Basilica of the Sacred Heart is located at 89 Ridge St., Newark. To learn more about the Archdiocese of Newark, visit https://www.rcan.org.

Sale of native plants on Sundays

The Native Plant Society of New Jersey, a statewide 501c3 non-profit organization dedicated to the appreciation, protection and study of native New Jersey flora, will hold its first sale of native plants on Sunday, September 26 from 11 a.m. to 4 p.m. at Canco Park in Jersey City.

Well Sweep Herb Farm will be the vendor bringing in a few hundred native plants. Also at the event, Hoboken’s Marnie Fylling will be signing copies of her new book “Fylling’s Illustrated Guide to Nature in Your Neighborhood”.

The Native Plant Society of New Jersey has hundreds of members statewide and is organized into regional and regional chapters. Their members include gardeners, horticulturists, naturalists, landscapers, students, native plant enthusiasts and bird watchers.

Comedy at The Brightside

The Brightside Tavern, 141 Bright St. in Jersey City, has another comedy show on its schedule for Sunday, September 26th. This is a weekly event held outdoors with seating at 5 p.m. for the 6 p.m. show with Rich Kiamco and The Laugh Tour. Tickets are $ 10 and the show, featuring comedians from The Tonight Show, The Late Show, The View, Comedy Central and more, is approximately 70 minutes long. Masks are mandatory when traveling on the site. Find tickets on Eventbrite.

JCAST returns from September 30

The Jersey City Art and Studio Tour (JCAST) will return, in person, for its 31st year starting Thursday, September 30, from 6 p.m. to 9 p.m., and will run through Sunday, October 3.

The largest arts tour in the state of New Jersey, JCAST will feature artwork all around Jersey City. Kick-off on Thursday, September 30 will include a party at the Nimbus Arts Center. Explore artist studios, gallery exhibitions, organized tours, children’s events, performances and more.

COVID-19 guidelines will be in effect at all JCAST events. A map and a list of events can be viewed at https://www.thejcast.com.

The last movie night behind the wheel is October 1

The Jersey City Exchange Place Alliance will host its final drive-in movie night of the season on Friday, October 1 in the parking lot of 107 Morgan St., Jersey City.

The film that will be screened is “Oceans 8”.

Doors open at 7:15 p.m. and the movie begins at 8:00 p.m. Tickets will be lost for those arriving after 8 p.m. Early admission is $ 20 per vehicle or $ 10 per person for those entering. Participants without a vehicle must bring their own chair.

Masks and social distancing will be enforced and food will be available for purchase.

Find tickets on https://bit.ly/3AFB0UT

1Day Hoboken back in October

The 11th Annual 1Day Hoboken Event by Hoboken Grace will take place on Saturday October 2nd. One day each year, this open call for volunteers brings together as many people as possible to perform as many community services as possible in the city. Last year, more than 350 volunteers completed 25 projects across the city.

This year, projects will include planting new gardens, painting railings, cleaning up trash and helping local community partners including the Hoboken Shelter, Lunchtime Ministry, Boys and Girls Club, Hoboken Housing Authority and the city of Hoboken. Volunteers will be able to select the project of their choice from a list shared before the event and children will also be able to participate with their parents in family projects.

On the day of the event, the teams will meet at 9:30 am at one of three parks in Hoboken: Steven’s Park, Elysian Park or Monroe Square Park. Projects will start at 10 a.m. and run until 1 p.m., followed by an after-party from 1 p.m. to 3 p.m. to celebrate the day’s accomplishments. Participants will also receive a free t-shirt.


Source link

]]>
Universal’s IPO is a big tick for the music industry and its future. https://mp3ar.com/universals-ipo-is-a-big-tick-for-the-music-industry-and-its-future/ Wed, 22 Sep 2021 23:53:36 +0000 https://mp3ar.com/universals-ipo-is-a-big-tick-for-the-music-industry-and-its-future/ For a company built on success, Universal Music Group’s debut as a public company this week will be its biggest release. With UMG’s share price jumping 39% on the first day of trading on Euronext Amsterdam, the music giant was priced at a staggering price. $ 53 billion, a blockbuster that makes the music industry […]]]>

For a company built on success, Universal Music Group’s debut as a public company this week will be its biggest release.

With UMG’s share price jumping 39% on the first day of trading on Euronext Amsterdam, the music giant was priced at a staggering price. $ 53 billion, a blockbuster that makes the music industry appear to be a professional, best-case, pandemic-proof setup with a bright future. And with it, some people become very rich indeed.

Perception is important. Good timing is essential. And history can tell us.

The Universal IPO cannot be properly valued without understanding what came before it and how the worst-case scenario engulfed one of its rivals.

Cast your mind back 10 years and where you have been in life. Maybe a little lighter (in body and richness). Maybe partying a little more, happier, lost, wide-eyed, confused. Naive.

Now, consider the music industry 10 years ago.

Yes, the industry was celebrating more. It was certainly lighter. Lost, confused. Naive.

Never miss industry news

Get the latest music industry news, information and updates straight to your inbox. Learn more

Although digital is gaining traction, mainly in the form of the now almost extinct download format, the total global market continued to decline for several years in 2011, at a rate of 3% year-on-year, according to IFPI.

Ten years ago, a small single-digit drop was seen as a near accident and almost cause for celebration.

The US recorded music industry, by far the largest market on the planet, posted gains of 27% last week from year to year, powered by streaming.

The recorded music industry 10 years ago was sick. Some thought it was terminal, except for a miracle.

Cast your mind 10 years back, and the death of NDE. Depending on who you spoke to, the former great British music major was the smallest of the music majors, or the biggest indie on the planet, with a roster that might make you cry.

Despite controlling the catalogs of The Beatles, Queen, Rolling Stones, Pink Floyd, Radiohead, Robbie Williams and so many others, EMI was not too big to go bankrupt.

In 2007, private equity specialist Guy Hands spearheaded the takeover of EMI, taking the music giant into private hands for around $ 4.7 billion.

At the time, it seemed like a princely sum. Today it is eclipsed by the value of UMG.

Hands had turned around other stalling things. EMI had its issues, but with Hands’ touch, he believed, the music company and all of its prestigious recordings and rights would flourish.

What Hands didn’t bet on was the GFC. The artists left the ship, the lenders wanted their money back.

When EMI was sold and cut 10 years ago, streaming was not an option. These streams of income were not on the horizon.

CEO of UMG Lucian Grainge orchestrated this week’s IPO, and it was Grainge who was the architect of EMI’s dissection, with Universal retaining some, but not all, of its greatest assets, a move that would secure approval required by regulators.

With UMG’s massive IPO, the music industry has taken a health check off the charts. The company wouldn’t be what it is today without these pieces of EMI, a once powerful company that suffered a sad and miserable death several years before streaming brought the company back to life.

What would Guy Hands think of all this?


Source link

]]>
Warner Music Group – Director, Global Catalog Marketing (UK) https://mp3ar.com/warner-music-group-director-global-catalog-marketing-uk/ Wed, 22 Sep 2021 10:34:59 +0000 https://mp3ar.com/warner-music-group-director-global-catalog-marketing-uk/ At Warner Music Group, we focus on our people. Our global company is made up of skilled, passionate and creative people. Our commitment to diversity, equity and inclusion fosters a culture where you can truly belong, contribute and grow. We believe in the worth of every individual and encourage applications from people of any age, […]]]>

At Warner Music Group, we focus on our people. Our global company is made up of skilled, passionate and creative people. Our commitment to diversity, equity and inclusion fosters a culture where you can truly belong, contribute and grow. We believe in the worth of every individual and encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status and any other characteristic or identity.

It is the mission of each member of the WMG team around the world to create a stimulating environment for artists, songwriters and the people behind music – at every stage of their careers. We strive to differentiate WMG by embracing innovation, which is an integral part of our business DNA.

Consider a career at WMG and be a part of one of the most influential forces in culture today.

A little about our team:

Global Catalog is both the communication center between the Warner Music Catalog labels and international territories around the world and the essential frontier for the marketing of artists in the age of streaming. We work closely with all labels and artists in the Recorded Music division to develop new catalog opportunities in Marketing, A&R, Content Development and Consumption, then convert our findings into new ones. strategies that are deployed across the company for our catalog teams around the world. .

With catalogs from major heritage groups such as Led Zeppelin, Fleetwood Mac, David Bowie, Pink Floyd, Phil Collins, The Doors, Aretha Franklin, Joni Mitchell, Madonna, Prince, Eric Clapton, New Order, to more current artists such as Twenty One Pilotes, Bruno Mars, Red Hot Chili Peppers, Muse & Coldplay, Birdy, Sia, Charlie Puth, Michael Bublé, Charlie XCX, Cardi B and many others … Warner Music’s catalog is rich and varied which requires management and constant reinvention.

This could range from reinventing a classic album, creating and promoting a playlist managed by us or encouraging the consumption of key songs on streaming services, to maintaining the profile of artist from digital vendors and communication with consumers and fans via social media and other online channels.

Why this might be your next big break:

In this role, you will be the link between the Global Catalog content teams, our artists and their representatives, and our global network of affiliates and licensees. You will be an integral part of all campaigns involving your assigned children’s music artists / franchises and be the first port of call for all questions and ideas.

Here you will access:
  • Liaise with our global catalog content teams to develop international marketing and promotional plans for releases and activations around ‘moments’, birthdays, etc. and advise on product plans.
  • Work across a wide range of genres, including Pop and Rock catalogs from some of the world’s greatest artists, to a more specialized repertoire including Broadway musicals and major children’s brands.
  • Maintain a constant dialogue with our subsidiaries and licensees around the world to ensure that the development of products and tools meets the requirements of local markets and that all needs are addressed and met accordingly, and that targets and deadlines are respected.
  • Design, implement, manage and monitor international artist / franchise activations; work with content teams and territory managers to:
    -1 Create and support impactful global and local product and / or marketing plans
    -2 Support content teams in developing a broader long-term artistic strategy, based on data and market / genre knowledge
    -3 Execute overall supply and on-time delivery of all assets as required by markets
  • Build solid relationships with artists and managers and be the “face of the international” for these teams
  • Foster the use / understanding of best practices and marketing platforms in markets, as needed
  • Support the growth and integration of new businesses in emerging markets into the global catalog marketing ecosystem
  • Identify innovation opportunities in the market for export / globalization
About you:
  • Experience working with content and marketing across the globe with a clear and demonstrable understanding of global markets and the gaps between them
  • Exceptional communication and relationship skills (phone, VC, writing, in person)
  • A problem solver. An information architect who can keep our promises.
  • Someone with an intrinsic understanding of music – so that we can internationalize our artists and help our businesses around the world have what they need to sell music and all associated revenue streams.
  • Ability to read and interpret data to guide management and make strategic decisions
  • Possess strong project management and multitasking skills to bring new ideas to life in various departments
  • Have strong teamwork, organizational and time management skills
  • Possess an in-depth understanding of the modern digital landscape and the pop / children’s music culture market
  • Have the experience and flexibility to work in many international time zones. Certain tasks and calls will be required outside of normal business hours.
It would be music to our ears if you also had:
  • More than 3 years of marketing, product management and / or international marketing experience in the music industry in different verticals of the music industry eg.
  • Marketing experience for children
  • Additional language skills
About Us:

With its large and diverse roster of new stars and legendary artists, Warner Music Group is home to a collection of the music industry’s best-known labels, including Asylum, Atlantic, East West, Elektra, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics and Warner Chappell Music, one of the world’s leading music publishers with a catalog of over one million copyright worldwide.

For more than four decades, WMG has been a leading force in the industry providing a range of world-class services designed to help artists and labels grow their careers and businesses. Artist & Label Services unites WEA (Warner-Elektra-Atlantic) – the pioneering distribution and marketing network of WEA – and the Alternative Distribution Alliance (ADA) – the revolutionary global distribution company for independent artists and labels.


Source link

]]>
UK government calls for music industry review https://mp3ar.com/uk-government-calls-for-music-industry-review/ Tue, 21 Sep 2021 23:01:52 +0000 https://mp3ar.com/uk-government-calls-for-music-industry-review/ Media Updates Sign up for myFT Daily Digest to be the first to know about media news. The UK government has called on the competition watchdog to review the structure of the UK music industry, fearing that the benefits of the streaming boom could be passed on to musicians. The Digital, Culture, Media and Sports […]]]>

Media Updates

The UK government has called on the competition watchdog to review the structure of the UK music industry, fearing that the benefits of the streaming boom could be passed on to musicians.

The Digital, Culture, Media and Sports Department wrote to the Competition and Markets Authority asking it to carry out a market study. It follows a recommendation from a committee of MPs that called for a “full reset” to improve “pitiful” payments to musicians.

The committee raised concerns about the dominance of the big labels – Universal Music, Warner Music and Sony Music – and whether the deals between these labels and streaming services such as Spotify have been damaging musicians.

Julian Knight, chairman of the DCMS committee which looked at the industry, welcomed the decision. “Our report exposed the unassailable position of these [major labels] reached. We have provided proof of our deep concern that their dominance is distorting the market, ”he said.

The CMA said its board “will carefully consider this important recommendation.” He said his options included a one-year market study that would rely on the government to implement its recommendations or a full investigation, which would take 18 months and could apply legally binding remedies if competition concerns were to arise. discovered.

The BPI, the professional body for the music industry, said competition in the UK music industry remains “fierce” and that he would be happy to work with the CMA. “Sustaining the growth of the market and keeping the dynamism, investment and innovation of UK music alive is the most effective way to ensure that even more artists benefit,” he said.

The government did not recommend legislation or pass the MP’s key recommendation to change the classification of music streaming. In July, the committee argued that streaming songs should be treated as if the song was on air and not as a CD sale. This would mean that the royalties would be shared among the musicians who performed the song rather than going to the record company.

The government said it would release a new report on the economics of the streaming industry commissioned by the Intellectual Property Office in a few days, but declined to commit to intervening in the market.

“More focused research and evidence is needed before the government can decide what action to take,” he said.

The UK competition regulator has been active in the music business in recent weeks. He opened a full investigation into a recent music deal after warning that Sony Music’s $ 430 million acquisition of independent company AWAL in Kobalt could stifle competition and lead to worse conditions for artists. He said Sony’s investigation, which is slated to end in March, would be relevant to his view of the overall music market.

In a September 7 update following the regulator’s Phase 1 investigation into the deal, the regulator said that “the UK market for wholesale digital distribution of recorded music is currently highly concentrated. “. The CMA said Sony, Universal and Warner dominated the industry, noting that Sony would have benefited from competition with a disruptive company like AWAL.

Universal Music listed in Amsterdam on Tuesday. After a 40% increase in first exchanges, the world’s largest music company was valued at 45 billion euros.


Source link

]]>
Investors Tune In As Universal Makes Market Debut https://mp3ar.com/investors-tune-in-as-universal-makes-market-debut/ Tue, 21 Sep 2021 07:04:46 +0000 https://mp3ar.com/investors-tune-in-as-universal-makes-market-debut/ The world’s largest music label, which represents musicians and catalogs of songs from Billie Eilish to the Rolling Stones and Bob Dylan, saw its market value jump to 47 billion euros ($ 55 billion) in the largest European rating of the year. The company was split by the French Vivendi, which sold 60% of the […]]]>

The world’s largest music label, which represents musicians and catalogs of songs from Billie Eilish to the Rolling Stones and Bob Dylan, saw its market value jump to 47 billion euros ($ 55 billion) in the largest European rating of the year.

The company was split by the French Vivendi, which sold 60% of the capital of Universal to its shareholders. Vivendi has seen its market value drop by two-thirds to around € 12 billion, according to data from Refinitiv Eikon, as it refocuses on other media assets like pay-TV brand Canal +.

Among the big winners on Amsterdam’s list are US hedge fund billionaire William Ackman and Chinese Tencent, alongside Vivendi majority shareholder Vincent Bolloré, who retains large shares of Universal.

Universal President and CEO Lucian Grainge will also receive sign-up bonuses that could reach up to $ 400 million.

Universal’s shares were trading at 24.97 euros at mid-session, up about 35% from their benchmark price of 18.50 euros. Shares of Bolloré, which owns 27% of Vivendi, rose 2.4%, while Amsterdam-listed shares of Ackman’s Pershing rose 4%.

Universal’s strong debut is justification for Ackman, who was forced into an embarrassing turnaround after US regulators blocked his plan to invest in Universal through his special-purpose acquisition company in July.

Ackman, whose grandfather was a songwriter, opted instead to take a 10% stake through his main hedge fund Pershing Square, which now relies on a paper gain of over 30%.

BEATLES IN BIEBER

Universal, whose other successful singers and catalogs include Justin Bieber and The Beatles, hopes to build on deals with ad-supported sites like TikTok and YouTube as well as streaming services like Spotify.

“I think we’re only at the start of the next wave of growth as music subscriptions and ad-supported consumption are increasing globally and have a long way to go,” Grainge told Reuters.

His listing windfall comes on top of the € 17.5 million cash bonus he received in February after a Tencent-led consortium bought a 10% stake in Universal.

Part of Universal’s business stems from the rights attached to its huge catalog, and it also collects royalties for the artists it represents on social media platforms.

The COVID-19 pandemic has hit Universal’s live concerts and merchandising activities, but ad-supported revenue has picked up after a jolt.

Its IPO carries high stakes for Vivendi, which ultimately hopes to get rid of a conglomerate discount that it says has weighed on its shares.

Vivendi announced last week that it was about to acquire a new stake in Lagardère, paving the way for a possible full takeover of the owner of Paris Match magazine.

Universal has increased its revenues for six consecutive years. He forecast revenue growth of at least 10% this year and single digits thereafter.

The listing is Euronext’s latest victory in Amsterdam, which has grown as a financial center since Britain left the European Union. Before Universal, Amsterdam had attracted a record 14 IPOs this year.

Separating from Universal deprives Vivendi of its most precious asset. Vivendi announced on Tuesday that it would now own 10.13% of the shares of Universal.

The deal was handled by 17 banks which are expected to collect between $ 60 million and $ 65 million in fees advising Vivendi and Universal, BNP Paribas and other senior advisers taking the largest share, Refinitiv estimates.

($ 1 = 0.8522 euros)

(Reporting by Toby Sterling in Amsterdam, Sudip Kar-Gupta, Gwenaelle Barzic, Mathieu Rosemain in Paris and Pamela Barbaglia in London; Writing by Ingrid Melander and Sarah White; Editing by Mark Potter)

By Toby Sterling and Sudip Kar-Gupta


Source link

]]>
Sound of Music director Robert Wise’s former Los Angeles condo hits market for $ 4.95 million https://mp3ar.com/sound-of-music-director-robert-wises-former-los-angeles-condo-hits-market-for-4-95-million/ Mon, 20 Sep 2021 22:25:03 +0000 https://mp3ar.com/sound-of-music-director-robert-wises-former-los-angeles-condo-hits-market-for-4-95-million/ A two-story unit in the Century Towers designed by IM Pei in Century City, Los Angeles that once housed the late award-winning director Robert Wise has hit the market for $ 4.95 million. The home has four bedrooms, four full baths with a total of 4,335 square feet of living space, offering breathtaking views of […]]]>


A two-story unit in the Century Towers designed by IM Pei in Century City, Los Angeles that once housed the late award-winning director Robert Wise has hit the market for $ 4.95 million.

The home has four bedrooms, four full baths with a total of 4,335 square feet of living space, offering breathtaking views of the city and the ocean, according to the list released last week by Justin Mandile of Sotheby’s International Realty Beverly Hills Brokerage.

Wise, who won Oscars for Best Director and Best Picture for “West Side Story” (1961) and “The Sound of Music” (1965), owned the apartment from 1980 until his death in 2004 at the age of 91, according to property records. .

Wise was also president of the Directors Guild of America from 1971 to 1975 and president of the Academy of Motion Picture Arts and Sciences from 1985 to 1988.

The property was then passed on to his granddaughter, Alex Conrad, who is selling the apartment to move into a house, according to Mr Mandile.

Ms Conrad, who was not immediately available for comment, completely redesigned and renovated the residence without sparing any expense, Mandile said.

“She combined three units, two on the 23rd floor and one on the 24th floor, to create this unique corner residence with very high quality materials,” he said. “The custom stairs, fully integrated Lutron lighting and automatic shades are amazing.”

DEPENTA: 20 minutes with: legendary composer Andrew Lloyd Webber and artist Maria Kreyn

The master suite occupies the 24th floor and includes a desk, a tub with double sinks, a marble bathtub and a steam shower. The 23rd floor features three bedrooms, a kitchen with state-of-the-art appliances, quartzite countertops, an open living space with high coffered ceilings and wide plank oak floors imported from Europe, according to the list.

The residence has six parking spaces and three storage units, Mr Mandile said.

The Century Towers were Century City’s first residential development, designed in 1964 by renowned Louvre Pyramid architect IM Pei. The 28-story twin towers were converted into condominiums in 1973. Development facilities include a swimming pool, gym, putting green, and tennis courts.


Source link

]]>
Build a huge fan base with Videoipsum’s exclusive YouTube music video marketing service https://mp3ar.com/build-a-huge-fan-base-with-videoipsums-exclusive-youtube-music-video-marketing-service/ Mon, 20 Sep 2021 11:20:10 +0000 https://mp3ar.com/build-a-huge-fan-base-with-videoipsums-exclusive-youtube-music-video-marketing-service/ It’s pretty hard to stand out among the plethora of music artists, but VideoIpsum’s YouTube music video marketing service makes it easy for all kinds of emerging music artists. (Editorial from The Magazine Plus): – Los Angeles, Calif., September 20, 2021 (Issuewire.com) – Emerging musical artists are struggling to gain more fans and followers, even […]]]>

It’s pretty hard to stand out among the plethora of music artists, but VideoIpsum’s YouTube music video marketing service makes it easy for all kinds of emerging music artists.

(Editorial from The Magazine Plus): – Los Angeles, Calif., September 20, 2021 (Issuewire.com) – Emerging musical artists are struggling to gain more fans and followers, even after trying all methods of marketing. VideoIpsum is to be the friend of all by offering a range of advantages to emerging artists who are trying to gain greater visibility through YouTube. The platform has grown into one of the most diverse music video streaming platforms, where thousands of artists are featured every day. With a plethora of music videos available and watched by viewers, it becomes quite difficult to make a good impression on listeners. It is not an easy task to stand out among all and successfully disseminate musical talent among like-minded listeners. However, this can be done easily by seeking professional help.

A simple search with YouTube Music Video Marketing Service on Google can display many websites that provide promotional services for music videos. But it can seem confusing to choose among them for the benefit of a service. VideoIpsum is one of the biggest among the agencies that provide legitimate and efficient services with user-friendly pricing systems. Given its extensive network on YouTube and other affiliates, the agency is able to offer purely organic promotion with original users and viewers who may actually like the video. The need for promotion in this digital age has grown exponentially as most people are active on the internet, but most are too busy to know the designated video clip. Promotion is needed to get the news out and let people know about new songs and artists. While promoting music videos is highly recommended for newbies in the industry, seasoned artists can also take advantage of the benefits to create more buzz.

VideoIpsum has a team of professional marketers who have extensive knowledge of the music industry and current music scenes on YouTube. They are able to determine the target audience, potential competitors, and niche platforms where music videos would gain maximum exposure. With its safe and precise marketing strategies, the company is able to capture the attention of a particular region or even the entire world. It can provide both regional and global exposure. When it comes to benefiting from a campaign, the whole process is simpler than a snap. The user needs to find the website, register, and then submit the YouTube music video URL link. The required number of views and a region for the promotion must be chosen to define the campaign objective. After that, the order must be purchased by paying the exact amount. Company representatives launch the campaign within 24 hours of connecting with the customer. The campaign continues until the required number of views. With such prolific services, the agency has succeeded in empowering many musical artists, singers, rappers, DJs, record label owners and anyone eager to build a huge fan base through YouTube.


Source link

]]>
Hailing from Ypsilanti Michigan, The Building is making its mark in the music industry. https://mp3ar.com/hailing-from-ypsilanti-michigan-the-building-is-making-its-mark-in-the-music-industry/ Sun, 19 Sep 2021 23:27:49 +0000 https://mp3ar.com/hailing-from-ypsilanti-michigan-the-building-is-making-its-mark-in-the-music-industry/ How did you get your idea or concept for the business? I saw that the music market is bigger than any other market. Kids want to be basketball players, but if they apply the same passion to the music industry, they can earn a living honestly and use their talent. You have to be powerful […]]]>

How did you get your idea or concept for the business?

I saw that the music market is bigger than any other market. Kids want to be basketball players, but if they apply the same passion to the music industry, they can earn a living honestly and use their talent. You have to be powerful with what you are working with. Opportunities are available for everyone, we have to let them come to us and support each other. I wanted to create a network just for that.

What was your mission at the start?

My mission was to influence. I wanted to create a platform to inspire people to be great and to recognize their potential in life when they are focused. My mission was to change my path in life in a better direction. I had to take control of my situation and do with it what I wanted it to be molding the resources around me to my advantage.

How many employees?

15 employees

What service (s) or product (s) do you offer / produce?

We offer high level marketing campaigns, concerts / showcases, production contracts including mixing, mastering and management services, consulting and more!

How to advertise your business?

We advertise primarily by focusing on building organic relationships with everyone we do business with, as well as implementing digital marketing strategies using SEO and PR techniques.

How does your previous professional experience relate to this position?

I have always been a sociable person. I pride myself on my communication skills and am able to adapt well to different people and circumstances.

What is most important to you in a business?

Loyalty is the most important thing in a business. You have to stand on business.

Posted on September 19, 2021


Source link

]]>