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Create Music Group Raises $450 Million in Investment, Debt Financing

Create Music Group said it raised $450 million through a combination of equity investments and debt capital on Wednesday, valuing the fast-growing independent company at $2.2 billion up from a $1 billion valuation less than two years ago. Founded in 2015, Los Angeles-based Create Music Group says it has invested more than $500 million over […]

Dean McLachlan Announces Retirement From Mushroom Group

MELBOURNE, Australia — After 30 years with Mushroom Group, and upwards of four decades in the Australian music industry, Dean McLachlan is calling it a day. The label veteran joined Mushroom Group in 1997 as promotions manager, initially working on Kylie Minogue’s Impossible Princess and Hunters & Collectors’ Juggernaut.  Then, he served in various roles with Mushroom Music […]

Trent Reznor Hints at the End of the Road for Nine Inch Nails

Nine Inch Nails are active, and on the road. But the end might be closer than we realize.   NIN spearhead Trent Reznor gave fans a surprise warning when the industrial rock heavyweights visited Tulsa, OK last Friday night, Feb. 27. “I don’t know if we’re going to be touring anymore after this,” he remarked […]

CISAC Board Gatherings In Sydney For Talks on the ‘Significant Threat’ of AI

SYDNEY, Australia — As it celebrates its 100th anniversary, APRA AMCOS this week opens its doors for a once-in-a-quarter century gathering of international rights professionals. The Australasian PRO this week hosts the board of directors of the International Confederation of Societies of Authors and Composers (CISAC), which represents 228 societies across 111 countries, for what marks the first such assembly […]