Universal buys out [PIAS] founders
[PIAS] 3 min read

Universal buys out [PIAS] founders

In 2021, Universal Music announced a strategic alliance with independent distributor and label group [PIAS], before buying 49% of the company the following year. Now it has bought the company outright in a deal which sees [Integral], the services business of [PIAS], become part of Virgin Music Group…
Chris Cooke
Chris Cooke
🎧 Approved: DITZ
CMU Approved 1 min read

🎧 Approved: DITZ

Known for their blistering live shows, Brighton’s DITZ distill anger, sarcasm and scorn into taut, explosive tracks that challenge both sonically and thematically. Their new single ‘Space/Smile’ marks the first taste of their forthcoming album ‘Never Exhale’, due January 2025…
Kaya Robertson
Kaya Robertson
Spotify should have put up prices long ago; TikTok not a promo platform; AI will be a great tool for making music; Sony will take “more organic” approach to working with artists beyond releases, says Rob Stringer
Sony Music 4 min read

Spotify should have put up prices long ago; TikTok not a promo platform; AI will be a great tool for making music; Sony will take “more organic” approach to working with artists beyond releases, says Rob Stringer

Sony Music CEO Rob Stringer spoke at a Bloomberg’s Screentime conference last week, about getting more money out of TikTok, streaming subscribers, and opportunities for Sony and its artists. Those opportunities are stronger for Sony, he said, because it’s part of a wider entertainment group…
Chris Cooke
Chris Cooke
⏩ Releases & Tours: Oct 2024 (Week 41)
Releases & Tours 2 min read

⏩ Releases & Tours: Oct 2024 (Week 41)

Each week CMU rounds up standout releases and tour announcements from the last seven days. This week: Charli XCX, Pa Salieu, Madlib, Ab-Soul, Major Lazer, Vybz Cartel, Strandz, The Cure + more, while tour announcements include Rizzle Kicks, Coco & Clair Clair + more.…
Kaya Robertson
Kaya Robertson
Proper Group AG scandal grows as investor John Mitchell distances himself from Löhr and CMU uncovers another case of embezzlement
Mitchell Asset Management 5 min read

Proper Group AG scandal grows as investor John Mitchell distances himself from Löhr and CMU uncovers another case of embezzlement

John Mitchell, a key investor in Proper Group AG, has issued a statement to CMU distancing himself from the bankrupt company’s former ‘general advisor’ Peter Löhr. CMU has now discovered that a former director of Mitchell’s Australian firm Mitchell Asset Management was also accused of embezzlement.…
Sam Taylor
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