CMRRA + TikTok = $$$
• The Canadian Musical Reproduction Rights Agency (CMRRA) and TikTok today announced an agreement for the collection of digital mechanical
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TRANSACTIONS
Done Deal: Pershing Square Buys 10% Of UMG
• It was just two weeks ago when we first reported that Pershing Square Tontine Holdings, Ltd. (PSTH), a special
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Sacramento Kings, KHTK Renew Vows
• The Sacramento Kings announced a new long-term broadcast agreement with Bonneville Sports-Talk 1140 KHTK/Sacramento as the franchise’s exclusive radio
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Warner Music Acquires David Guetta’s Catalog
• Grammy-winning recording artist David Guetta has entered into a career-spanning, groundbreaking new agreement with Warner Music, which has acquired
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Wally Re-Ups With Way Media
• Way Media announced that it has secured The Wally Show to a new multi-year deal for its Contemporary Christian
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Lakeside Teams Up With CloudKid
• Lakeside Management Group has formed a strategic partnership with music curator and record label, CloudKid. Founded in 2013, CloudKid
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Cumulus Rides On Top With Adomni
• Cumulus Media announced that it has executed an agreement with Adomni, a programmatic car-top advertising platform with 460,000 out-of-home
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Ackman’s UMG Deal Includes Grandpa’s Hit
• Pershing Square Tontine Holdings, Ltd. (PSTH), a special purpose acquisition company (SPAC), run by hedge-fund billionaire Bill Ackman formally
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Reservoir Acquires Tommy Boy Music
• Independent music-rights company Reservoir has acquired legendary independent Hip-Hop and Electronic record label Tommy Boy Music. The deal comprises
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Lotus Buys Sinclair Out Of Radio
• Lotus Communications announced that it has entered into an agreement with Sinclair Broadcast Group, Inc.’s wholly-owned subsidiary, Sinclair Television
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