Aug 8, 2024 12 min read

⏩ One Liners: deals, appointments, legal round-up and earnings including Downtown x Double P Records, Avex USA, Concord, Peer Music, Defected Records, Featured Artists Coalition, SMIA, Kakao plus Spanish consumer watchdog eyes live music and ticketing

In today’s music business news round-up: Downtown’s deal with Peso Pluma, Nigerian producer Zone signs with Avex USA, FAC reveals Amazon Step Up Fund recipients, Kesha will record Diddy diss, Minelli memoir, SMIA Summit, Kakao & SM Entertainment earnings, plus release and tours news

⏩ One Liners: deals, appointments, legal round-up and earnings including Downtown x Double P Records, Avex USA, Concord, Peer Music, Defected Records, Featured Artists Coalition, SMIA, Kakao plus Spanish consumer watchdog eyes live music and ticketing

Deals

Downtown Music Publishing has struck a global music publishing agreement with Double P Records, the label and publishing company founded by George Prajin and artist Peso Pluma. The deal encompasses global administration and sync placement services for Double P Records' current and future releases, as well as administration for Peso Pluma's own publishing interests. "We are looking forward to joining forces with Downtown and continuing to grow our partnership. I am confident that together we are going to do great things," says Prajin. The partnership includes Peso Pluma's latest double album, ‘ÉXODO’, which has garnered over 86 million streams on Spotify since its June 2024 release.

Avex USA Publishing has signed Los Angeles-based Nigerian record producer Zone. The producer, whose real name is Tyson Kong, has worked with artists including Jason Derulo, Sexxy Red and Ludmilla, with upcoming productions set to feature Quavo, Lil Baby and DJ Snake. "I'm excited to build and develop my art of production with AVEX," says Zone, adding, "With their dedicated support and my creative abilities, we'll craft the ideal formula for success." Brennen Bryant, Avex USA's Director Of A&R, Publishing, says,"The first time I heard Zone's beats I immediately recognised his incredible talent, and knew that we had to work together. I’m very excited to be a part of his journey and witness his growth as a young producer into the hitmaker I know he can be."

Concord Music Publishing has signed Grammy-winning songwriter and producer Sammy SoSo to a new global publishing deal covering his catalogue and future works. The company also presented SoSo with a plaque in London to celebrate the multi-platinum global success of Tyla's ‘Water’, which he co-wrote. Kim Frankiewicz, EVP Worldwide A&R at Concord Music Publishing, comments: "We have been on the most incredible journey with Sammy so far! To see the success he has enjoyed with Tyla has been an incredible moment for us as their publisher!"

Peermusic UK has signed songwriter Camilla Dunhill to an exclusive global music publishing deal, marking her first-ever publishing agreement. The deal, announced by Ralph W Peer, Managing Director of Peermusic UK, encompasses Dunhill's entire catalogue and future works. "I'm so incredibly excited to be signing to Peermusic and want to thank the team for the confidence and belief they're showing in me as a new writer, which means the world," says Dunhill. The London-based songwriter is a co-writer on the new Sub Focus single ‘Wildfire’, released in late July.

Jonas Group Publishing has signed Justin Ebach acquiring his catalogue as part of the deal. "The Jonas team are Ebach believers," says Leslie DiPiero, President of Jonas Group Publishing, adding, "Justin is an exceptional talent whose songwriting resonates with artists and fans alike." Ebach, known for hits including Luke Bryan's ‘Down To One’ and Jordan Davis' ‘Singles You Up’, is currently enjoying chart success with songs by Warren Zeiders, Carly Pearce, Chris Young and Chris Lane. "I'm very excited about the opportunity to work with Leslie”, he says, “She has been a great friend and a great source of wisdom over the years." Kevin Jonas Sr, Founder & Chairman of Jonas Group Entertainment, adds, "We are honoured to have Justin, and his incredible catalogue, join our roster. His proven track record and versatility as a songwriter make him a perfect fit with our vision."

Solon Holt has signed with United Talent Agency for representation, with Brian Hill as his agent. The Texas-born singer-songwriter, who recently inked a global publishing deal with Universal Music Publishing Group Nashville, blends bluegrass and gospel influences in his country and Americana sound. "Solon Holt is a musical old soul with contemporary ambition and an unshakable countenance," says Hill, adding, "I knew he was special when I first met him, and I can't wait to see where this journey takes him."


Appointments

Andy Daniell has rejoined Defected Records as Director Of Music, effective this month. Reporting to CEO Wez Saunders, Daniell will oversee the label's entire musical output, managing 26 labels under the Defected umbrella, including Glitterbox and Classic Music Company. He previously served at Defected from 2004 to 2019, rising from intern to A&R Manager, and was instrumental in signing records such as Storm Queen’s ‘Look Right Through’ and CamelPhat & Elderbrook’s ‘Cola’. Saunders says, "In this new role Andy Daniell will oversee the entirety of our musical output, from signing new artists to nurturing the development of our current roster, ultimately securing their futures through recordings, publishing and catalogue management. Those aspects of business are at the core of what we do at Defected, and with Andy’s experience, I have no doubt that he is the best at what he does." Daniell adds, "I’m hugely excited to be returning to Defected Records as Director Of Music."

Universal Music Publishing Group has appointed Alix Kram as Head Of Marketing, a new global role based in New York. Kram will oversee UMPG's marketing efforts, focusing on creative storytelling and maximising opportunities for UMPG-owned catalogues. Additionally, she will drive strategy and marketing support for Bravado, Universal Music’s merchandise and brand management company. Marc Cimino, UMPG COO, states, "Alix is the perfect executive to enhance the incredible stories our songs tell and bring them to life." Kram brings over 20 years of marketing experience from across various sectors, most recently leading the Retail & Consumer Products Marketing team at Netflix. Kram says, "I’m grateful to both [CEO] Jody Gerson and [COO] Marc Cimino for this opportunity to delve into UMPG’s iconic catalogues and uncover stories to tell that generate new energy, growth and conversation."

Ticketmaster has appointed Jannik Hülshoff as Managing Director for Germany, bolstering its leadership team in the Central Europe region. Hülshoff joins the company from Twitch, where he served as Senior Director Of EMEA Partnerships, overseeing content and partnership teams across the territory. Hülshoff says, "I'm excited to join Ticketmaster and work with some of the biggest players in this space, offering the most innovative ticketing solutions. German fans are incredibly passionate, and it's a real privilege to work with a team that provides them with the world-class service they deserve." Klaus Zemke, Regional Vice President Central Europe, adds, "With his insider know-how in the entertainment industry, his entrepreneurial flair, and solid track record in scaling businesses and brands, we look forward to Jannik steering Ticketmaster's fortunes in Germany."

BMG has promoted Jenn Dobbins to Senior Vice President, Rights & Royalties, based in the company's US Copyright & Royalties hub in Nashville. In her new role, Dobbins will oversee BMG's copyright and recorded music administration, reporting directly to Eric Scott, EVP Of Rights Administration And Royalty Services. Prior to joining BMG, Dobbins led asset operations for online music royalties trading platform JKBX and was Director Of Royalties at Exactuals. "Jenn's extensive expertise, deep knowledge, and proven experience in managing complex rights and royalties will not only streamline our operations but also set a new standard of excellence in how we support and empower artists and stakeholders in an ever-evolving landscape," Scott comments.


Kakao founder Kim Beom-su has been indicted for stock manipulation in relation to the company's takeover of K-pop agency SM Entertainment. Prosecutors allege that Kim colluded with private equity fund management company OneAsia Partners to artificially inflate SM Entertainment shares above 120,000 won in February 2023, injecting 240 billion won ($174 million) into the market to hinder rival bidder HYBE's acquisition attempt. Kim was initially arrested on 23 Jul and has now been further indicted, with the probe ongoing since February of last year following a formal complaint from HYBE. Speaking at a recent meeting of Kakao affiliates, Kim said "I believe the truth will eventually be revealed, because I have never instructed or condoned any illegal acts”. Kakao CEO Chung Shin-a addressed Kim’s indictment as the company released its quarterly earnings, saying, "I acknowledge the shareholders' concerns and [vow] for responsible operation of all services by Kakao and its affiliates."

Nelly has been arrested at Hollywood Casino in St Charles, Missouri, reportedly for suspected drug possession and an outstanding warrant. The Missouri State Highway Patrol detained the rapper at around 4.45 a.m. on Wednesday after a routine ID check revealed a warrant for lack of insurance from 2018. Scott Rosenblum, Nelly's attorney, claims his client was "targeted by an overzealous, out of line officer" who conducted a search "without probable cause" and allegedly found ecstasy pills. The lawyer adds that his client  "was not charged with drug possession. He was arrested for 'no proof of insurance' from 2018 on a warrant issued December 2023” of which “he received no notice."


Streaming, Digital & Broadcast

Kakao Corp's music business unit saw a 6% year-on-year increase in revenue to 510.9 billion won (US$371.6 million) for Q2 2024, driven by robust numbers from artists such as K-pop girl groups IVE and aespa, and boy group Riize. Overall the internet and entertainment company reported a 59.1% increase in its second-quarter net income, reaching 87.1 billion won (US$63.4 million), with total revenue for the quarter at 2 trillion won, up 4.2% year on year. CEO Chung Shin-a announced plans to release an AI communication platform in the second half of 2024, stating, "We will prioritise developing user-friendly artificial intelligence services as our long-term growth strategy, rather than investing in costly large language models, to increase profitability."

Twitch has announced the official launch of its new DJ category today, dubbing the launch "8.08" in reference to both today’s date and the iconic Roland TR-808 drum machine. The launch kicks off with a 24-hour global livestream event featuring DJs such as Aluna, BAYNK, Sam Feldt, Sofi Tukker and Zedd. The programme, made possible through partnerships with major labels Universal Music, Warner Music, Sony Music and independent labels and rightsholders represented by Merlin, provides DJs who opt-in with access to a catalogue of rights-cleared music to use in their livestreams. "Today's DJ category launch is a major moment for Twitch, the music industry and our creators”, says Dan Clancy, CEO of Twitch. “There is something special in the way DJs on Twitch introduce music to their listeners. It's personal and it's community-oriented, so we've built a stable, long-term home where they can invest in building their brand and community”..

Bauer Media Audio UK has announced plans to expand Hits Radio's FM coverage to London, Norfolk, and the West of England later this year, while also launching a new national DAB+ station called KISSTORY R&B in September. The media company will further boost its digital presence by adding KISS Fresh and KISS Dance to DAB+ in London, building on the success of KISSTORY, which currently attracts 2.4 million weekly listeners. Simon Myciunka, CEO of Bauer Media Audio UK, explains the strategy: "We continually review the distribution of our services to make sure we meet our listeners’ needs and maximise all opportunities for our brands to grow."


Labels, Publishing & Distribution

Kakao’s subsidiary SM Entertainment has reported a 5.9% year-on-year increase in consolidated revenue to 253.9 billion won ($185.2 million USD) for Q2 2024, despite a 30.7% decrease in operating profit to 24.7 billion won ($18 million USD). CFO of the K-pop company,  Jang Jeong-min, explains, "The increase in consolidated revenue for Q2 was due to growth in album sales and concert revenue. Consolidated operating profit decreased due to an increase in produced content volume and losses from some subsidiaries." Album and digital music revenue surged by 32% year-on-year to 71.7 billion won ($52.3 million USD), with new album sales reaching 3.86 million copies. Standout releases included aespa's 'Armageddon' (1.17 million copies), RIIZE's 'Rising' (1.27 million copies), and NCT WISH's 'SongBird' (630,000 copies). Concert revenue skyrocketed by 86% to 37.2 billion won ($27.1 million USD), largely driven by NCT DREAM's fifteen large-scale concerts across Asia. 


Live

The Spanish consumer watchdog has turned its sights on ticketing and music festivals, launching a multi-pronged campaign against perceived abuses in the live entertainment sector. OCU, the Organisation Of Consumers And Users, has filed complaints against Ticketmaster for charging unjustified "service" and "management" fees on online ticket purchases, which can inflate prices by up to 13% in addition to a €2 fixed charge. The watchdog has also reported seven major music festivals, including Bilbao BBK Live, FIB and Puro Latino, for practices such as prohibiting outside food and drink, charging for re-entry, and imposing short timeframes for cashless wristband refunds. In a broader investigation of online ticket sales, OCU found that booking fees doubled the base ticket price in 28 out of 50 purchases analysed. "Consumer protection cannot wait," says OCU, calling on Spain's General Directorate Of Consumer Affairs to implement strict regulations on booking fees, mandate transparency in communicating charges, and impose sanctions on platforms applying unjustified or disproportionate fees. The consumer group estimates that the festival-related abuses alone could affect up to 947,000 attendees across the reported events.

Lauryn Hill has confirmed that her European and UK tour will proceed as planned, despite yesterday’s cancellation of the North American leg. The singer attributed the US cancellation to low ticket sales, which she believes were affected by media "sensationalism and clickbait headlines" following her injury-related show postponements last year. Hill emphasised her commitment to performing, saying, "I can assure you that no one is more disappointed about not being able to perform than I am."


Other industry news & events

The UK’s Featured Artists Coalition and Amazon Music have revealed the ten recipients of the 2024 Step Up Fund, offering grants of up to £8000 to emerging independent artists. The awardees, including Azekel, BEKA, Blair Davie, Dirty Nice, Hana Lili, Lime Garden, Olive Jones, ShaSimone, SOFY and unpeople, will receive financial support alongside mentoring, a one-year PRO membership to the FAC, and content creation opportunities. David Martin, CEO of the Featured Artists Coalition, says: "The UK clearly has no shortage of talent, and there is evidently a real need for more of this kind of targeted funding that can help independent artists realise their potential and build sustainable careers." Laura Lukanz, Head Of Music UK, Australia & New Zealand at Amazon Music, adds: "The outstanding calibre of applications we receive every year serves as a powerful reminder of the immense pool of talented artists we have in the UK."

The Scottish Music Industry Association has announced The SMIA Summit 2024, a free two-day digital conference aimed at shaping the future of Scotland's music industry. Scheduled for 5-6 Sep, the online event will feature speakers including Rod Jones of Idlewild, artist Carla J Easton, and representatives from PPL, Musicians' Union and Culture Counts. Robert Kilpatrick, CEO and Creative Director of the SMIA, states: "The SMIA Summit is a key milestone in the determination of a unified sector vision that elevates the economic, social and cultural value of Scotland's music industry."

LL Cool J and Usher have been announced as honourees for the fourth annual Black Music Action Coalition Gala, set to take place on 19 Sep in Los Angeles. LL Cool J will receive the Clarence Avant Trailblazer Award, while Usher is slated to accept the Quincy Jones Humanitarian Award. "To be receiving this award from an organisation that is making such big moves for racial equity and justice within the music industry is an honour," says LL Cool J, adding, "Clarence Avant was a true legend. He and I were both inducted into the Rock & Roll Hall Of Fame the same year [2021] and he was a father figure to me."


Artist News

Kesha has revealed plans to re-record her debut single ‘TiK ToK’ with the altered lyric "Wake up in the mornin' like fuck P-Diddy". Since allegations against Diddy surfaced in November 2023, Kesha has been performing the altered lyric at live shows. Celebrating the track's fifteenth anniversary on 7 Aug, Kesha said in an Instagram post, “I absolutely love the new lyric change. Yes it is permanent. I will re-record it when I have the legal rights to!”, adding “My first baby stands for so much.”

Liza Minnelli has announced plans to publish her memoir in spring 2026 through Grand Central Publishing. The book, co-written with longtime friend Michael Feinstein, will cover her extensive career, personal struggles, and family legacy. Minnelli says her decision to write the memoir comes after growing frustrated with inaccurate portrayals of her life. "A sabotaged appearance at the Oscars, in front of billions of people ... a film with twisted half-truths ... a recent miniseries that just didn't get it right. All made by people who didn't know my family, and don't really know me," she explains. "Finally, I was mad as hell! Over dinner one night, I decided, it's my own damn story ... I'm gonna share it with you because of all the love you've given me," says Minnelli.

Kanye West has blamed alcohol for his controversial 2022 anti-Semitic social media posts, while his former Chief Of Staff has accused the rapper's dentist of supplying him with nitrous oxide for recreational use. In a recently released podcast with Candace Owens, Ye admitted, "I was drinking when I put up the DEFCON tweet," specifically citing Hennessy as the catalyst for his 2022 anti-Semitic rant. Meanwhile, Milo Yiannopoulos, West's former Chief Of Staff, has accused the rapper's dentist, Dr Thomas P Connelly, of supplying Ye with nitrous oxide for recreational use, claiming monthly payments of up to $50,000 for the gas. Speaking to TMZ, Connelly's spokesperson vehemently denied these allegations, stating that they are "not only factually incorrect but also intentionally misleading."


Releases & Tours

Jayda G has released her new single 'Feeling Alive'.

The Dare has released his new single ‘You're Invited’. His debut album ‘What’s Wrong With New York?’ is out 6 Sep.

Eli & Fur have released their new single ‘Love Again’, featuring Hugo Cantarra and Richard Judge. Their new album ‘Dreamscapes’ is out 27 Sep.

Federale have released their new single ‘The Worst Thing I Ever Did Was Ever Loving You’, featuring JENNY DON'T.

theMIND has released his new album ‘Dancing While Crying in the Middle of Nowhere’.

Samora Pinderhughes has released his new single ‘BETTER’. The first part of his new album ‘Venus Smiles Not In The House Of Tears’ is out 18 Oct.

King Pari have released their new single ‘Bag. Full. Of. Cash.’. Their debut album ‘There It Goes’ is out 18 Oct.

The Deslondes have released their new single ‘Lies I've Told’. Their new album ‘Roll It Out’ is out 6 Sep.

Machine Girl have released their new single ‘Until I Die’. Their new album ‘MG Ultra’ is out 18 Oct.

niina has released her debut album 'does this smell off to you?’

HUMAN INTEREST have released their new EP 'Nuclear War'. Their new album 'Smile While You’re Losing (An Audio Guide To Wellness)’ is set for release 6 Sep.

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