FINANCIAL – Page 62 – RAMP – Radio and Music Pros

SiriusXM Invests $75 Mil In SoundCloud

• SoundCloud and SiriusXM Holdings Inc. announced that SiriusXM has invested $75 million in SoundCloud, the world’s largest open audio

• Cox Media Group (CMG) reached an agreement to spin off its Ohio newspapers, TheDayton Daily News, The Springfield News-Sun,

• Warner Music Group Corp. announced that it has filed a registration statement on Form S-1 with the U.S. Securities

• Taylor Swift has signed an exclusive global publishing agreement with Universal Music Publishing Group (UMPG). Swift’s previous deal with Sony/ATV

• Radio’s digital ad revenue blasted through the billion-dollar plateau for the first time, now accounting for 10% of total

• Florida Georgia Line and managers Seth England and Kevin “Chief” Zaruk of Big Loud have amicably parted ways after a record-breaking

• Marie Tedesco, Chief Financial Officer for Beasley Media Group, Kent Nate, Executive Vice President and Chief Financial Officer for

• Cumulus Media Inc. announced that John Abbot, Executive Vice President and Chief Financial Officer, will leave the Company at

• Saban Music Group (SMG), a music company backed by worldwide entertainment industry pioneer Haim Saban, announces a global distribution

• Nielsen Holdings plc announced its plan to spin-off the company’s Global Connect business, creating two independent, publicly traded companies