THE DAILY DROP: Tuesday, April 29, 2025
AMPLIFIED NEWS HEADLINES in Sync, Licensing & Music Publishing
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Influence Media Acquires DJ Khaled Catalog, Launches Joint Ventures
Influence Media has acquired DJ Khaled's music catalog and announced two joint ventures with the artist and his We The Best Music Group. The collaboration involves film and TV projects, brand partnerships, and a new focus on name and likeness rights.
SendBeatsTo Surpasses 1,000 Beat License Sales
SendBeatsTo, a leading platform for beat licensing and music collaboration, has surpassed 1,000 beat license sales. This milestone reflects the platform’s expanding role in connecting music producers and artists globally, streamlining the music creation and licensing process.
Hoopr Launches 'Hoopr Smash' to Simplify Indian Music Licensing
Indian music-licensing firm Hoopr has launched a new self-serve marketplace called Hoopr Smash, aimed at helping brands and creators license Indian music more efficiently. The platform is designed to streamline the licensing process for a diverse range of users.
Universal Music Group Reports Q1 2025 Financial Results
Universal Music Group (UMG) reported first-quarter sales above market expectations, with revenue increasing by 11.8% year-over-year to approximately $3.11 billion USD. The growth was driven by solid performance in recorded music and music publishing segments.
Katie Welle appointed to President, Sony Music Publishing’s Head of U.S. A&R
Katie Welle will oversee SMP’s U.S. creative division, focusing on signing new talent and expanding songwriter opportunities worldwide. She will continue to be based out of Los Angeles and report directly to Chairman and CEO Jon Platt.
Jason Feinberg Appointed SVP/Head of Kobalt’s Music Publishing Platform KOSIGN
Kobalt has appointed industry veteran Jason Feinberg as Senior Vice President and Head of its music publishing platform, KOSIGN. Feinberg will oversee the platform's strategic direction and operations.