iHeart To Gain $100 Mil From BMI Sale
• iHeartMedia, Inc. announced that in connection with the recently announced acquisition of Broadcast Music, Inc. (BMI) by a shareholder
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FINANCIAL
New Mountain Capital To Acquire BMI
• New Mountain Capital, LLC, a leading investment firm with over $45 billion in assets under management, announced that it
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Pitbull Re-Ups With BMG
• Multi-Platinum, Grammy-award winning global hit songwriter Armando Christian Pérez, a.k.a. Pitbull, has renewed his global publishing partnership with BMG,
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NABLF Awarded $250K Grant
• The National Association of Broadcasters Leadership Foundation (NABLF) announced that the John S. and James L. Knight Foundation has
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Concord Annexes Round Hill Royalty Fund
• Concord announced the acquisition of Round Hill’s UK-listed music fund, Round Hill Music Royalty Fund (RHM). The deal includes
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BMG Turbocharges Payment System
• BMG is pleased to announce that it will, in a first-of-its-kind initiative, speed the payment of mechanical royalties to
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BFOA Launches Year-End Giving Campaign
• The Broadcasters Foundation of America is launching its annual Year-End Giving Campaign this week. The 501c3 charity provides financial
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Audacy Delisted From NYSE
• Audacy, Inc. announced that its appeal of the determination by the New York Stock Exchange (NYSE) to commence proceedings
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Karson & Kennedy & Audacy Re-Up
• Audacy Boston proudly announced multi-year contract extensions with Karson Tager and Kennedy Elsey to keep them locked into mornings
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Virgin Music Forms Global Leadership Team
• Virgin Music Group announced the core members of its global leadership team. As part of a global reorganization, Virgin
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