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Music Business Worldwide April 9, 2021 Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. This week, MBW revealed that BMG and investment giant KKR have jointly committed to spending over $1bn on music copyrights (for starters) via a new deal-hunting partnership. Meanwhile, speaking of investment funds, Andre de Raaff‘s Netherlands-based CTM has formed a new venture with Dallas-based Outlander Fund with the ambition to invest $1 billion in copyrights over the next five years. ....
Music Business Worldwide April 8, 2021 CTM Co-Founder and CEO André de Raaff Earlier this week, MBW revealed that BMG and investment giant KKR have jointly committed to spending over $1bn on music copyrights (for starters) via a new deal-hunting partnership. Today, another US-based investment firm has unveiled plans to pour ten figures of fresh money into the music business, as Dallas-based Outlander Fund and Netherlands-based CTM BV announce a strategic alliance to acquire music publishing and master rights. CTM Co-Founder and CEO André de Raaff is well known for having co-founded the successful music company Imagem, which launched in 2007 as a co-venture with Dutch pension fund APG. In June 2017, Imagem was bought by Concord Bicycle Music for circa $550 million. ....