Hearst Leads $75 Million in Funding in Kobalt Music

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NEW YORK — Kobalt, a global music rights company based in NY, has raised $75 million in growth capital. The Series D round was led by Hearst Entertainment with participation from Balderton Capital and MSD Capital. Kobalt, which represents many of the world’s top artists, publishers and songwriters, will use the new funding to expand its …

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Grammy Awards to Broadcast Live From NYC

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In celebration of the GRAMMY Awards’ 60th anniversary, CBS Corporation plans to broadcast THE 60TH ANNUAL GRAMMY AWARDS live on both coasts from New York City’s Madison Square Garden on Sunday, Jan. 28, 2018, at a new time, 7:30-11:00 PM, live ET/4:30-8:00 PM, live PT. “It is very exciting that Music’s Biggest Night will be …

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Rod Stewart to Tour With Cyndi Lauper

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Legendary British singer Rod Stewart will embark on an 18-city U.S. tour this summer with special guest Cyndi Lauper. Produced by Live Nation, the tour begins Thursday, July 6 in Florida and includes stops in New York, Ohio, Illinois, Michigan, Texas and more. They will give fans a first look into their tour during joint …

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Kings of Leon Releases New Album, Tour Dates

NEW YORK — The rock band Kings of Leon has released their highly anticipated seventh studio album WALLS today on RCA Records. The album has already found critical acclaim with The New York Times calling it “timeless,” Rolling Stone saying it’s “Kings of Leon at their best,” and Q Magazine calling the album “goosebump inducing” and “worth holding your breath for.” …

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BMI Earns Record $1.06 Billion in Revenue

NEW YORK — Broadcast Music Inc. (BMI), the global leader in music rights management for artists and copyright owners, announced the highest revenues in its 76-year history, achieving $1.06 billion for its fiscal year ended June 30.  The company also distributed and administered a record-breaking $931 million to its songwriters, composers and publishers, a 6% …

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iHeartRadio Surpasses 90 Million Members

NEW YORK — iHeartRadio, the all-in-one digital music and live streaming radio service from iHeartMedia, said it has surpassed 90 million registered users. The streaming service continues to reach user milestones at a rate faster than Facebook or any other streaming music service, having reached 80 million registered users just seven months ago. The number …

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Sonos to Open Flagship NY Store

NEW YORK — Sonos, a leader in smart sound systems for the home, is opening a flagship retail store on Tuesday, July 19 at 101 Greene Street in Manhattan’s SoHo neighborhood. Through a personalized listening experience and superior service offerings, music fans will have the opportunity to explore and shop the entire family of Sonos wireless …

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Jackson Browne Adds Third NY Show in June

Singer-songwriter Jackson Browne is adding an additional show at the Beacon Theatre in New York on Monday, June 20th.  The first two shows with his band that are scheduled for June 17th and 18th are sold out. Advance tickets, VIP Packages, and GuacFund Benefit Seats are available this week at www.JacksonBrowne.com. Accompanying Jackson on the …

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