Analysis News From Warner’s best-ever quarter to Spotify’s $9bn payout to the music industry… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
Analysis News Audacy resolves dispute with BMI for $25m, clearing way for BMI’s sale A lawsuit against BMI by Audacy could have caused BMI and New Mountain "to abandon the merger altogether"
Analysis 3 observations on… the sale of BMI (and Google’s entrance into music rights management) On BMI's fraternizing with CapitalG (aka Alphabet's fund), plus a windfall for radio broadcasters, and $100 million of money going to songwriters and publishers
News iHeartMedia to receive $100m from sale of BMI US radio giant lined up $100m windfall from sale of BMI to a shareholder group led by New Mountain Capital