$AGBA AGBA/Triller $4bn Merger: Excellent Progress Ahead of Plan https://lnkd.in/g7VG8jg8 TRILLER~Triller is owned by Proxima Media, Sony Music Entertainment, Warner Music Group, and Universal Music Group with other investors like Snoop Dog, Kendrick Lamar, Lil Wayne, and The Weeknd. Make no mistake, however, Triller has its eyes on TikTok. The app has already taken steps to woo TikTok’s Sway House (a collaborative house of TikTok creators ages 18–21 years old) away from TikTok with a new partnership. And, Triller has launched a copyright infringement lawsuit against TikTok, too. Add into that the fact that collaboration between Triller and Snapchat in early 2020 gave Triller a way to reach Snapchat’s 250 million daily active users, and you can see from their actions that they might not be entirely honest about their competition with TikTok. https://lnkd.in/gQE8DS57 AGBA Sony TrillerTV Triller
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📣Join DMN Pro for premium news and unparalleled business intelligence. Quarterly whitepapers, events, weekly reports by industry expert Paul Resnikoff, and comprehensive proprietary data at your fingertips. 🌐 Visit dmn.pro to learn more! Access Past Reports 📊: - What Will UGC Licensing Look Like After the UMG-TikTok War? - Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year? - The Universal Music-TikTok Licensing Battle Is in Full Swing — But What Do We Actually Know About TikTok’s Licensing Agreements? - White Paper: AI vs. Copyright — A Detailed Look at the Current Legal Landscape #musicindustry #musicbusiness #musicnews #musicindustrynews #musictech #musicdata #musicanalytics #musicreports #musicdatabase #musiclicensing #musiccopyright #musicstreaming #musicroyalties #music #dmnpro #musiclicensing
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Catch up on the 5 biggest #musicbusiness stories of the past 7 days? ⬇️ Proud to support Music Business Worldwide (MBW)’s Weekly Round-Up #musicindustry #music
From Pink Floyd's $400m deal to TikTok's scrapped Merlin talks... don't miss MBW's Weekly Round-Up, where we make sure you caught the five biggest stories to hit our headlines over the past seven days. Thanks to Centtrip Ltd for the support.. #TikTok #PinkFloyd #musicindustry
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📣Join DMN Pro for premium news and unparalleled business intelligence. Quarterly whitepapers, events, weekly reports by industry expert Paul Resnikoff, and comprehensive proprietary data at your fingertips. 🌐 Visit dmn.pro to learn more! Access Past Reports 📊: - What Will UGC Licensing Look Like After the UMG-TikTok War? - Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year? - The Universal Music-TikTok Licensing Battle Is in Full Swing — But What Do We Actually Know About TikTok’s Licensing Agreements? - White Paper: AI vs. Copyright — A Detailed Look at the Current Legal Landscape #musicindustry #musicbusiness #musicnews #musicindustrynews #musictech #musicdata #musicanalytics #musicreports #musicdatabase #musiclicensing #musiccopyright #musicstreaming #musicroyalties #music #dmnpro
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The music industry is always evolving, and it's exciting to think about what the future holds. With the update for 2023 looking solid, many are wondering what the impact of TikTok will be in 2024. It's clear that new acts are following in the footsteps of Taylor Swift and Beyonce's trend of mega tours in cinemas and homes. And according to a recent report from Music Week, we can expect further acquisitions in 2024. The industry is growing stronger, with fandom driving physical and merch sales. Let's keep an eye out for what's to come! #musicindustry #futuretrends #acquisitions
MIDiA: Global recorded music growth strengthens as fandom drives physical and merch sales
musicweek.com
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Cutting Edge Media Music has secured $500m to fund music rights acquisitions. According to the announcement from UK-headquartered Cutting Edge on Monday (April 15), the new funds will be used for a combination of "corporate purposes" and the acquisition of music rights across the film, TV, theatre, gaming, and wellness spaces. Philip Moross, CEO of Cutting Edge Group, said: “Through our early conviction in this very specific area of the market, Cutting Edge has become a world leading music partner to the film and tv industries. "During that time, the structural trends driving our industries have accelerated exponentially, delivering a proliferation of digital platforms and content, matched by an increase in demand for media music usage. "Prior to the pandemic, we identified a similar opportunity in the global wellness market, which is now projected to grow at 10% per annum to a US$7 trillion market by 2025. This refinancing will enable us to execute our growth strategy to take full advantage of these trends in our usual disciplined way.” #musicbusiness #musicdeals #musicrights
Cutting Edge Group secures $500m to fund music rights acquisitions
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Takeaways: - Universal Music Group (UMG) is acquiring a stake in Complex, a youth-oriented media platform, in a $108.6 million cash deal. - Aaron Levant, CEO of NTWRK, will lead Complex following the acquisition, signaling a merger between the two entities. - The partnership aims to target "superfan" culture by selling music-related products through NTWRK's technology, aligning with UMG's focus on strengthening artist-fan relationships. - Interscope Geffen A&M (IGA) and Capitol Music Group will be the first labels to utilize the NTWRK/Complex strategy. - UMG's move coincides with Warner Music Group's discussions to sell Uproxx and HipHopDX, Complex's rivals, indicating shifts in media ownership in the music industry. - Sony Music Group's The Orchard retains ownership of media properties like Metal Sucks and Metal Injection targeting niche music culture. https://lnkd.in/edDsKE-i
Universal Music Group is acquiring a stake in Complex – via a takeover focused on ‘superfans’ and e-commerce
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There’s a concerning trend emerging, and it’s leaving creators without control over their own work. Investors are increasingly funding YouTube videos in exchange for lifetime ownership of the content’s rights, taking all future ad revenue. This mirrors practices in the music industry, where artists like Taylor Swift have famously protested, “If you don’t own your masters, your masters own you.” Many creators are signing away rights, giving platforms and investors control over distribution, use, and monetization. While this licensing model may offer creators upfront financial relief, it raises crucial questions about long-term creative control and revenue. The music industry has seen artists push back, but this issue is expanding into other sectors, affecting all types of digital content creators. It’s time to call out what this really is: systemic exploitation of creative ownership. Creators deserve the right to control their work and benefit from its success in the long run. What are your thoughts on this practice? Should creators sacrifice ownership for short-term gains? #CreativeOwnership #DigitalRights #ContentCreators #YouTubeMonetization #InvestorControl #FairCompensation #LongTermValue #DigitalExploitation #CreativeFreedom #MonetizeWisely #OwnershipMatters #CreatorsRights
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#TikTok is reportedly looking to #buy its own #musicrights, easing its reliance on #licenses and allowing it to prioritize its own #content in the algorithm. This move could help reduce rights costs and reverse-engineer viral moments. Platforms can also build or partner with creators, such as Tencent Music entertainment Group, Riot Games, and SoundCloud. TikTok's "Music Content Investment Team" does not immediately turn it into a competitor to the biggest #record companies. Parent company ByteDance has been building an ecosystem that gives it a role in every piece of the music value chain, including creation, label services, rights #ownership, consumption/engagement, and sync/micro-sync. The TikTok Music #streamingapp, which has yet to launch in the #US, seems like the final piece of the #puzzle. This aligns with MIDiA Research's theory of bifurcation, where a new generation of creators and consumers spend more time on social platforms, splitting the #industry into two parallel #consumer worlds.
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How Sony’s $6bn+ M&A splurge has set the pace for music acquisitions over the past decade MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories Sony Music Entertainment #musicbusiness #acquisitions
How Sony’s $6bn+ M&A splurge has set the pace for music acquisitions over the past decade
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Well done
Warner Music Group and Meta strike multi-year licensing deal covering Instagram, Facebook and for the first time... WhatsApp #Warnermusicgroup #Meta
Warner and Meta strike multi-year licensing deal covering Instagram, Facebook and for the first time… WhatsApp
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