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“Our goal at BPG/Warner is to discover, mentor, and grow the next generation of musical and cultural innovators and disruptors,” said Roberson and Nelson in a statement. “We want to use our knowledge and experience to help them navigate the process and take their careers to the next level, while maintaining their creative and business independence.” “We’re thrilled to be partnering with Gee and Jean on this forward-thinking partnership,” added Warner Records co-chairman & CEO Aaron Bay-Schuck and co-chairman & COO Tom Corson. “They’re bringing their brilliant A&R minds and industry expertise to a unique portal that champions artistic freedom. This fresh business model charts new territory in the relationship between original talent and the major label ecosphere. They’ve already brought us two amazing artists in Erica Banks and David Sabastian, with whom we have very different, specially tailored deals, and we’re looking forward to collaborating ....
Warner Music Group invests in Rotana Music musicweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from musicweek.com Daily Mail and Mail on Sunday newspapers.
Music Business Worldwide February 16, 2021 Syrian singer, George Wassouf, signed to Rotana. Warner Music Group (WMG) has made an investment in Saudi Arabia’s Rotana Group-owned Rotana Music, which is claimed to be the largest record label in the Middle East. The deal – believed to be an eight-figure acquisition for a minority stake – will expand WMG’s presence in the Middle East and North African (MENA) region. On Tuesday January 26, citing people familiar with the matter, the Wall Street Journal reported that WMG was close to sealing a deal for a minority stake in Rotana Music that would value the Saudi company “at close to $200 million”. ....
Warner Music Group Invests in Saudi Arabian Label Rotana Jem Aswad, provided by FacebookTwitterEmail Warner Music Group has announced an investment in the Arab world’s largest independent record label, Rotana Music, which is part of Rotana Group, widely considered the largest entertainment company in the region. According to the announcement, “the deal will expand WMG’s presence in the rapidly growing Middle East and North African region, while driving cross-cultural opportunities for the label’s renowned repertoire.” Owned by Prince Al Waleed Bin Talal, the company is headquartered in Riyadh, Saudi Arabia, with branches in Jeddah, Dubai, Kuwait City, Beirut, and Cairo. ....