This week, Common Music Group struck a brand new multi-year settlement with superfan-focused platform EVEN.
In different UMG-related information, Virgin Music Group introduced on Friday (February 20) that it has accomplished its acquisition of Downtown Music Holdings LLC (Downtown).
Additionally this week, Reside Nation Leisure posted annual revenues of USD $25.2 billion for 2025, up 9% – or by $2.05 billion – year-over-year.
Elsewhere, HYBE AMERICA’s Nashville-based nation, Americana, and roots rock division was rebranded as Blue Freeway Information, with veteran leisure govt Jake Basden appointed as Chief Government Officer.
In the meantime, it was reported that Casey Wasserman is placing his namesake expertise company up on the market.
Listed here are a few of the greatest headlines from the previous few days…
1. Common Music strikes cope with superfan platform EVEN to energy D2C gross sales for artists worldwide
Common Music Group has struck a brand new multi-year settlement with EVEN, a superfan-focused platform that lets artists promote music and have interaction with followers immediately.
The deal establishes EVEN as a direct-to-fan useful resource for UMG, offering the foremost’s labels and artists with “turnkey” instruments for participating superfans by means of early entry to music, unique content material, and neighborhood options.
The settlement may even permit UMG artists to supply bodily music and merchandise by means of EVEN utilizing UMG’s international D2C, vinyl, and merch infrastructure.
The partnership marks the most recent enlargement of UMG’s D2C and broader superfan technique… (MBW)
2. Reside Nation annual revenues prime $25B in 2025, up $2B YoY, with adjusted working revenue of $2.4B
Reside Nation Leisure has posted annual revenues of USD $25.2 billion for 2025, up 9% – or by $2.05 billion – year-over-year.
The stay leisure large has additionally reported {that a} report 159 million individuals attended Reside Nation-promoted reveals in 2025 (throughout 55,000 concert events) – up by 8 million YoY.
A standout reality about these 159 million attendees?
For the primary time, in 2025, extra music followers attended Reside Nation concert events exterior the USA than inside it… (MBW)
3. VIRGIN MUSIC GROUP COMPLETES DOWNTOWN ACQUISITION; PIETER VAN RIJN NAMED COO AS DOWNTOWN FOUNDER JUSTIN KALIFOWITZ STEPS AWAY
Virgin Music Group (VMG) introduced on Friday (February 20) that it has accomplished its acquisition of Downtown Music Holdings LLC (Downtown).
The closure follows the European Fee’s approval of the deal final Friday (February 13), topic to Common Music Group’s dedication to divest Downtown’s Curve royalty accounting enterprise.
UMG’s Virgin Music Group first introduced the transaction in December 2024.
Alongside the deal’s completion, it was introduced that Pieter van Rijn has been appointed Chief Working Officer of VMG, having been CEO of Downtown since final 12 months.
He’ll report back to co-CEOs Nat Pastor and JT Myers and can proceed to be based mostly in Amsterdam.
Downtown Founder Justin Kalifowitz confirmed he’s stepping away from the corporate he based in 2007. Andrew Bergman, beforehand Chairman of Downtown, will transition right into a senior advisory function. (MBW)
4. HYBE AMERICA launches Blue Freeway Information in Nashville, names Jake Basden as CEO
HYBE AMERICA’s Nashville-based nation, Americana, and roots rock division has been rebranded as Blue Freeway Information (beforehand BMLG).
Veteran leisure govt Jake Basden has been appointed as Blue Freeway Information’ Chief Government Officer.
Basden most not too long ago served as President of Sandbox Administration, the place he oversaw all features of the expertise division’s illustration and enterprise growth, guiding the careers of multi-platinum and multi-award-winning expertise, together with Kacey Musgraves, Brandi Carlile, Kate Hudson, Kelsea Ballerini, Child Nova, and Little Huge City… (MBW)
5. Casey Wasserman to promote expertise company amid fallout over Epstein recordsdata (report)
Casey Wasserman is placing his namesake expertise company up on the market. The transfer comes after paperwork linking him to Jeffrey Epstein’s affiliate Ghislaine Maxwell triggered vital backlash from the corporate’s purchasers and workers.
The sale was first reported by The Wall Avenue Journal on Friday (February 13), citing a memo to workers.
Wasserman, grandson of leisure mogul Lew Wasserman, constructed Wasserman Agency into one among Hollywood’s largest sports-marketing and talent-management corporations with roughly 4,000 workers, in accordance with the WSJ.… (MBW)
Associate message: MBW’s Weekly Spherical-up is supported by BMI, the international chief in performing rights administration, devoted to supporting songwriters, composers and publishers and championing the worth of music. Discover out extra about BMI right here. Music Enterprise Worldwide
