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From Believe’s $600m IPO to Hipgnosis and Influence Media’s catalog deals: It’s MBW’s Weekly Round-up May 14, 2021 Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. The biggest story in the global music rights industry this year will be, if all goes well, Universal Music Group‘s entry onto the public market in Amsterdam. UMG looks likely to be beaten to the stock exchange in Europe, however, by Believe – the indie artist and label services company headquartered in Paris. ....
Ali Tamposi Influence Media Partners, which launched as a stand-alone fund earlier this year with the backing of the Michigan Municipal Employment Retirement System, has invested in select copyrights from the song catalog of Ali Tamposi. “Ali Tamposi is one of music’s most successful writers working today,” Influence Media founder and co-managing partner Lylette Pizarro said in a statement. “We feel honored and privileged to become the custodians of her masterful works, and we are committed to building on her growing legacy.” “After meeting with Ali and her team, Lylette and I knew instantly that her songs had to be part of our first acquisition for our new partnership with MERS,” Influence Media co-managing partner Lynn Hazan said in a statement. ....