Create Music Group

From the United States vs. TikTok to Sony pulling its catalog from Boomplay… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

$1bn-valued Create Music Group acquires 50% stake in UK label and publisher Enhanced

CMG's investment comes after closing a $165 million investment round earlier this year

After raising $165m at a $1bn valuation, Create Music Group acquires UK-based label Ostereo

Ostereo founder Howard Murphy to exit the company

From the majors’ AI lawsuit to Believe’s big acquisition plans… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days…

Jermaine Dupri’s So So Def Recordings joins forces with Create Music Group in multi-year deal

So So Def founder Jermaine Dupri will transition from CEO to Chairman of the company, retaining creative direction

Brian Glover named Senior Director of Streaming at Create Music Group

Glover joins Create from independent label Cinematic Music Group

Chris Herche named SVP Music Operations and Marketing at Create Music Group

Herche will oversee the day-to-day operations of the company’s music division

Create Music Group buys majority interest in YouTube channel network The Nations, launches Web3 JV

Deal also includes the acquisition of the independent record label Lowly.

Create Music Group acquires viral marketing agency VRTCL

Create claim to have access to nearly 500 million social media followers through its various media properties

Create Music Group signs First Order Music to global distribution deal

First release under new deal was LHNA by Robgz featuring Anuel AA

10K Projects, Create Music Group make strategic investment in management & digital agency, Homemade Projects

Deal includes launch of Homemade Records JV, to be distributed through Caroline

Create Music Group launches free app for songwriters to generate split agreements

Create has been beta testing the app since January

Create Music Group now shows daily YouTube, Spotify and Apple Music revenues to its artists

Company claims "artists have never seen this before from any distributor"

Create Music Group launches publishing division, signs Tekashi 6ix9ine

Fast-growing company was praised by Matt Pincus earlier this year