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Sony Music Completes Acquisition of AWAL and Kobalt Neighboring Rights; U.K. Initiates Post-Mortem Probe


Sony Music Completes Acquisition of AWAL and Kobalt Neighboring Rights; U.K. Initiates Post-Mortem Probe
Patrick Frater, provided by
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Competition authorities in the United Kingdom have begun an investigation into Sony Music Entertainment’s purchase of the AWAL and Kobalt Neighboring Rights businesses, even after the deal has been completed.
Sony announced on Wednesday that it had completed the purchase that was first announced in February this year. The U.K.’s Competition & Markets Authority, does not challenge the deal’s closure, instead saying that it is “investigating the completed acquisition.”
More from Variety
The $430 million deal represents the transfer of Kobalt Music Group’s recorded music operations and leaves Kobalt Music Group continuing to hold its music publishing business and global digital collection agency AMRA. ....

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Tramp Stamps and Internet Sleuths: What makes an industry plant an industry plant?


The DePaulia
Jackson Healy, Contributing Writer|May 9, 2021
Who knew people could lie on the Internet?
On April 9, a Nashville-based pop-punk girl group by the name of Tramp Stamps released their third and latest single, “I’d Rather Die.”
Containing lyrics such as “I can’t recall a memory/Of someone driving me home and not asking for a b job/I’d rather die/Than hook up with another straight white guy,” the song epitomizes the band’s image: a “girls rule, boys drool” trio of self-made, independent rag-tag women unafraid to call it like they see it.
Within a matter of days, however, the band was flooded with accusations of inauthenticity and claims that they were capitalizing on a trendy aesthetic in the hopes of financial success. Their image was quickly stained, and the Internet collectively dismissed the group as industry plants. ....

Michael Johnson , Caroline Baker , Jonny Cummings , Lukasz Gottwald , Marisa Maino , Jackson Healy , Kobalt Music Group , University Of The Arts , Tramp Stamps , Internet Sleuths , Tramp Stamp , Rather Die , Billie Eilish , Maximum Pelt Records , Paige Blue , Prescription Songs , Kobalt Music , மைக்கேல் ஜான்சன் , கரோலின் ரொட்டி சுடுபவர் , ஜாக்சன் ஹீலி , கோபால்ட் இசை குழு , பல்கலைக்கழகம் ஆஃப் தி கலைகள் , நாடோடி முத்திரைகள் , இணையதளம் ஸ்லூத்ஸ் , நாடோடி முத்திரை , ர்யாதர் இறக்க ,