DEALS
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Superstruct has bought majority stakes in three more festivals, London-based Mighty Hoopla and Cross The Tracks, and the Austrian festival Snowbombing. IQ says that it believes those acquisitions are the result of a deal between Superstruct and various companies owned by Gareth Cooper, who was the founder and former CEO of Broadwick Live.
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Beyond Music â one of those music investment firms, based out of Seoul in South Korea â has announced it has completed a new fundraising round totalling $170 million. Says CEO Jangwon Lee: âHome to all-time hits comparable to the Bon Jovis, Led Zeppelins and Whitney Houstons of Asia, Beyond Music has already established itself as the regionâs market leader with the deepest pockets, quantitative disciplines and proven value-up records. Through this investment, we hope to continue our purpose of serving Asiaâs most respected artists and their worksâ.
APPOINTMENTS
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Warner Chappell has promoted Steve Butler to the role of Head Of Legal & Business Affairs for North America. He will continue to report into the publisherâs Global Head Of Legal & Business Affairs, Peter Rosenthal.
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US-based music distributor ONErpm has appointed Nnamdi Okirike to lead its operations in Ghana, reporting into Osagie Osarenz, the firmâs Director Of African Operations, who has been expanding the companyâs presence in Africa since 2020. Okirike was previously with African streaming service Boomplay.
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Warnerâs artist services division WMX â which includes the majorâs merch, direct-to-fan and brand partnership operations â last week announced a number of hires and promotions. Karl Walsh joins as Head Of Global Commerce; Brian Furano as Global Head Of A&R; and Robbie Owens-Russo as SVP Of Creative Services. Meanwhile, Tracy Stone has been promoted to Head Of Artist And Fan Experiences, North America; Bob Workman to the combined roles of Head Of WMX Artist & Fan Experience, UK & ROW and SVP Of International Artist & Brand Partners; and Angela Nguyen to Head Of Global Commercial Operations.
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UK record industry trade body BPI has appointed Hailey Willington to the newly-created post of Diversity, Equity And Inclusion Manager. She will âprovide knowledge and advice across the organisation and to its members and the wider industry to assist in developing and implementing a coordinated DEI strategyâ.
RELEASES
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Central Cee and Dave have released new collaborative EP âSplit Decisionâ, which marks both rappersâ 25th birthdays on 4 Jun and 5 Jun respectively.
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Semisonic have released two new songs, âLittle Bit Of Sunâ and âGrow Your Ownâ, as they head out on tour for the first time in 20 years, supporting Barenaked Ladies in the US.
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Kristen Hersh will release new album âClear Pond Roadâ on 8 Sep. Out now is new single âDandelionâ. She will also be touring the UK and Ireland in September and October.
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Broken Records have announced that they will release new album âThe Dreamless Sleep Of The 1990sâ on 2 Oct. Out now is new single âNight Timeâ. The band will also be touring the UK following the albumâs release, including a show at The Lexington in London on 20 Oct.