Cutting Edge Group\/John Paesano<\/h2>\n
\t<\/p>\n
\n\tCutting Edge Group<\/strong> acquired the royalty streams of composer John Paesano<\/strong>\u2018s catalog, which spans more than 80 scores across films including the Maze Runner<\/em> trilogy and Kingdom of the Planet of the Apes<\/em>; TV series including Invincible<\/em> and Marvel\u2019s Daredevil<\/em>; and video games including Marvel\u2019s Spider-Man<\/em> series and Mass Effect: Andromeda<\/em>.<\/p>\n \n\t\u201cJohn\u2019s music has defined some of the most moving and visceral works of entertainment of the last decade,\u201d said Tara Finegan<\/strong>, COO of\u00a0Cutting\u00a0Edge\u00a0Group, in a statement. \u201cIt is hard to imagine global hits like the Maze Runner <\/em>trilogy or Daredevil <\/em>series without the brilliant music that accompanied them, elevating their storytelling in ways that stick with viewers long after the credits roll. We are delighted to have this opportunity to invest in John\u2019s remarkable catalog and are excited to see how these works can continue to reach new audiences in the years to come.\u201d<\/p>\n \n\tAdded Paesano, \u201cI\u2019ve been incredibly fortunate to come up in this business surrounded by great composers, directors, producers, and executives. I learned the craft by doing \u2014 absorbing everything I could and finding the language of storytelling through music. When I sat down with Cutting Edge Group, they really understood what I was seeking and showed great respect for the value of my work. This now allows me to move beyond momentum and focus on like-minded creators and projects that feel creatively aligned with who I am. I\u2019ve learned that this is where I do my strongest and most satisfying creative work, and I\u2019m deeply grateful to my team for making that possible.\u201d<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tMusical AI<\/strong>, a rights management platform for generative AI, has raised $4.5 million in funding led by Heavybit<\/strong>, with participation from BDC <\/strong>and Build Ventures<\/strong>. The new capital will support team expansion, product development and additional industry partnerships. Musical AI\u2019s proprietary attribution technology, already in use with partners such as Pro Sound Effects and Symphonic Distribution, identifies the sources behind AI-generated outputs to enable accurate licensing and royalty payments. CEO Sean Power<\/strong> said Musical AI has made attribution \u201csimple and turnkey,\u201d pushing back on the idea that AI and licensing are incompatible. \u2014\u00a0Marc Schneider<\/em><\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tLive Nation <\/strong>has struck a deal to make AB InBev <\/strong>the exclusive beer and cider partner for the concert giant in the United Kingdom. Through the agreement, AB InBev brands including Budweiser, Corona and Stella Artois will be sold at festivals like Reading & Leeds, as well as Academy Music Group venues including O2 Academy Brixton and O2 Shepherd\u2019s Bush Empire.<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tLabelWorx<\/strong>, a distribution and label services provider for indie electronic music, will provide Australian electronic music company TMRW Music Group<\/strong> with global digital distribution and platform support under a new deal.<\/p>\n \n\t\u201cTMRW Music Group has played an instrumental role in shaping electronic music culture for over two decades, both in Australia and globally,\u201d said Matt Abbott<\/strong>, CEO of LabelWorx, in a statement. \u201cTheir commitment to artists, storytelling, and long-term development aligns perfectly with our mission at LabelWorx. We\u2019re incredibly proud to partner with a company whose legacy and vision continue to push the genre forward, and we look forward to supporting their next chapter with the infrastructure and independence they deserve.\u201d<\/p>\n \n\t\u201cAt TMRW, everything we do is rooted in championing the artists and communities that drive electronic music forward,\u201d added Tim McGee<\/strong>, CEO of TMRW Music. \u201cPartnering with LabelWorx gives us the independence to support our roster at the highest level while staying true to the culture that shaped us.\u201d<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tT<\/span>he San Francisco Giants<\/strong> acquired the city\u2019s historic Curran Theatre<\/strong> from Shorenstein Hays, which purchased the building in 2010 and assumed full operational control of the venue in 2015. Built in 1922, the Curran will continue to be operated by Broadway SF; the existing agreement with Broadway SF and the Ambassador Theater Group won\u2019t be impacted by the sale. All programming will continue as scheduled.<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tI<\/span>ndependent label collective Futures Music Group<\/strong> signed a strategic partnership with brand partnerships and strategy agency companyX <\/strong>to help Futures artists \u201cdevelop long-term meaningful brand relationships\u201d across fashion, lifestyle, culture, content and live events, according to a press release. The partnership has already resulted in brand partnerships for artists Mt. Joy (Coors Light), The Knocks (a performance on the Wells Fargo Stage at Hudson Yards) and Mollie Elizabeth (Visa and Sofar).<\/p>\n \n\t\u201cFutures was built to empower artists with both independence and scale,\u201d said Derek Davies<\/strong>, co-CEO of Futures Music Group, in a statement. \u201ccompanyX understands how to translate culture into authentic partnerships with real longevity, critical in a time when there\u2019s more noise for artists to cut through than ever before. Making this official was the natural next step to equip our mutual networks with brand strategies that make an imprint culturally and resonate with both existing fans and new audiences.\u201d<\/p>\n \n\tAdded Mara Frankel<\/strong>, CEO of companyX, \u201cFutures represents the kind of artists and leadership we love collaborating with. Our work is rooted in championing talent and building brand relationships that are authentic and sustainable. We have already done exciting work together, and this partnership allows us to expand that across the Futures ecosystem intentionally and artist-first.\u201d<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tSourceAudio<\/strong>, a sync and music rights platform for AI dataset licensing, signed a long-term partnership with Native Instruments<\/strong>, which develops music production software and hardware. Under the deal, SourceAudio will provide Native Instruments with access to a fully cleared audio dataset to support research and product innovation.<\/p>\n \n\t\u201cNative Instruments is one of the most impactful and respected music technology companies in our industry,\u201d said Drew Silverstein<\/strong>, president and head of AI strategy at SourceAudio, in a statement. \u201cThe belief that technology should empower human creators and not replace them is one we\u2019re deeply aligned on, and through this partnership, we\u2019ll be supporting Native Instruments\u2019 long-term innovation efforts, and helping them deliver industry-leading tools and technologies to musicians who rely on them every day.\u201d<\/p>\n \n\t\u201cNative Instruments has a long history of applying advanced technology in service of musicians and their creative process,\u201d added Andy Sarroff<\/strong>, head of applied AI at Native Instruments. \u201cAccess to SourceAudio\u2019s fully cleared dataset allows us to responsibly accelerate our research and refine the technologies behind our instruments and effects. The goal is simple: remove obstacles to the creative flow, preserve artistic control, and give musicians better tools to shape their own sound.\u201d<\/p>\n<\/div>\n<\/article>\n<\/li>\n \t<\/p>\n \n\tM<\/span>ontreal, Canada-based AI-powered music production company LANDR<\/strong> acquired Reason Studios<\/strong>, the Stockholm-based company behind the Reason digital audio workstation and Reason Rack. Under the pact, Reason Studios will continue operating as its own brand. LANDR, along with its subsidiary Synchro Arts, which created VocAlign and Revoice Pro, aims to bring new value to Reason users via integrations, enhanced tools for collaboration and AI-powered features. LANDR and Reason Studios will also establish an artist council, composed of well-known producers and longtime Reason users, to help steer the platform.<\/p>\n<\/div>\n<\/article>\n<\/li>\n<\/ul><\/div>\n<\/div>\n<\/div><\/div>\n \tMusical AI Raises $4.5 Million<\/h2>\n
Live Nation\/AB InBev<\/h2>\n
LabelWorx\/TMRW Music Group<\/h2>\n
San Francisco Giants\/Curran Theatre<\/h2>\n
Futures Music Group\/companyX<\/h2>\n
SourceAudio\/Native Instruments<\/h2>\n
LANDR\/Reason Studios<\/h2>\n
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