Reed Smith is pleased to have represented Pophouse Entertainment, a global entertainment and music investment firm, in its acquisition of a 50% stake in the publishing and master music rights of Australian singer-songwriter Sia. A nine-time Grammy nominee with billions of streams worldwide, Sia is known for global hits including "Chandelier," "Elastic Heart," "Cheap Thrills" and "Unstoppable." Congratulations to our international deal team, including Gregor Pryor, Stephen Sessa, Josh Love , Amy Dunitz, Nick Breen and James Lawlor, with significant contributions from Jessica Parry, Matt Hancock, Henry Birkbeck and Anthea Klim, and thank you to our client, Pophouse Entertainment. 📖 Read the full press release: https://lnkd.in/en3fQNxP
Reed Smith Represents Pophouse in Sia Music Rights Acquisition
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🎵 Sia Sells 50% of Her Music Catalog to Pophouse for $180M Sia has sold a 50% stake in her music catalog to Pophouse Entertainment in a deal reportedly worth $180 million. That values the full catalog at approximately $360 million. The deal covers a 50% stake in Sia’s publishing and master music rights, with Pophouse set to support the artist in developing new creative ventures while continuing to steward her catalog. 🎼 Catalog highlights include: • Chandelier • Unstoppable • Elastic Heart • Cheap Thrills • Billions of streams • 9 Grammy nominations Pophouse says its role will include helping develop new creative opportunities and expand the reach of Sia’s music to new audiences. The deal is part of Pophouse’s broader strategy of partnering with major artists around music rights and long-term catalog development. For artists, a music catalog can represent not just a collection of songs, but a long-term creative and commercial asset. #Crecox #BehindTheArt #Sia #Pophouse #MusicCatalog #MusicRights #MusicPublishing #MusicBusiness #MusicIndustry #ArtistEconomy
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🎵 Sia Sells 50% of Her Music Catalog to Pophouse for $180M Sia has sold a 50% stake in her music catalog to Pophouse Entertainment in a deal reportedly worth $180 million. That values the full catalog at approximately $360 million. The deal covers a 50% stake in Sia’s publishing and master music rights, with Pophouse set to support the artist in developing new creative ventures while continuing to steward her catalog. 🎼 Catalog highlights include: • Chandelier • Unstoppable • Elastic Heart • Cheap Thrills • Billions of streams • 9 Grammy nominations Pophouse says its role will include helping develop new creative opportunities and expand the reach of Sia’s music to new audiences. The deal is part of Pophouse’s broader strategy of partnering with major artists around music rights and long-term catalog development. For artists, a music catalog can represent not just a collection of songs, but a long-term creative and commercial asset. #Crecox #BehindTheArt #Sia #Pophouse #MusicCatalog #MusicRights #MusicPublishing #MusicBusiness #MusicIndustry #ArtistEconomy
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Guy Moot , Chair and CEO of Warner Chappell Music, has joined the Board of Directors of the National Music Publishers' Association’ (NMPA). The NMPA is the US trade organization that represents music publishers and their songwriter partners. David Israelite, NMPA President and CEO, said: “Guy Moot is one of the most distinguished creative and business minds in music." Moot added: “Standing up for songwriters’ rights has never been more critical, and David and his team at the NMPA are doing incredible work every day.” 🔗 Full Story: https://lnkd.in/ehsadJgk #musicindustry
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When it comes to music sales, Elvis Presley holds the title for the highest-selling individual artist based on sales claims, surpassing 500 million units. Rihanna, on the other hand, leads in certified units sold, with over 230 million units. It's fascinating how different metrics can highlight distinct achievements in the music industry. #MusicSales #ElvisPresley #Rihanna #MusicIndustry #RecordSales
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Our IPSA Chair Michael Kill was featured in the Black Lives in Music REMEL report, Race Equality in Music Event Licensing. From live music and venues to licensing and nightlife, leaders across the sector are backing REMEL and the call for a licensing system built on fairness and evidence, not perception. We are proud to support the call for a licensing system that is fair, transparent and based on evidence. Culture is not a risk. "This is more than just a report... it is a call to action." Read the full report here: https://lnkd.in/e3PNCHmf #NTIA #REMEL #IPSA #BlackLivesInMusic
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Tomorrow at 10am, Black Lives in Music publishes REMEL: Race Equality in Music Event Licensing. The report sets out what is happening across London's live music scene, what it is costing our culture and economy, and what must change. It is written for everyone with the power to act: music industry leaders, venue operators, local authority licensing teams, the Metropolitan Police Service and policymakers at every level. We ask that you read it, share it with your networks and consider what it means for your own organisation. Read it. Share it. Act on it. #REMEL #RaceEquality #LiveMusic
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Arts Council England has announced £837,750 of investment through the Music Growth Package, supporting 11 music sector bodies across the UK. The NTIA is grateful to be one of the organisations awarded funding, supporting the electronic music sector, its artists, businesses and venues. A welcome investment in the people and organisations that keep our music and night time economy moving. Read more here: https://buff.ly/9swvoKL
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"We are being unfairly targeted." Our CEO and cofounder, Dr Charisse Beaumont, spoke to BBC London about the findings of REMEL (Race Equality in Music Event Licensing), our research showing that Black music events are cancelled, restricted and shut down at far higher rates than other events. Promoter Ben Ryan, DJ and producer DJ Trebel T, and music executive and academic Dr Hakeem Stevens also shared their experiences of disproportionate licensing restrictions, and why licensing decisions must take on board the views of Black and Asian communities as well as the music industry. Black music drives our live music economy. It is time our licensing system reflected that. #REMEL #BlackLivesInMusic #LiveMusic #RaceEquality
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The UK Music Workforce Diversity Survey helps track progress and shape a more inclusive, fairer and vibrant music industry. Here, UK Music Diversity Taskforce Vice Chair Paulette Long explains why this survey is so important. Find out all you need to know here https://lnkd.in/eqzThC56
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On Wednesday, @BlackLivesInMusic published the REMEL report, Race Equality in Music Event Licensing. The evidence shows that Black and South Asian led events, artists, promoters and venues face disproportionate scrutiny, restrictions and cancellations, costing London an estimated £127 million to £141 million in live music spend every year. We are proud to support the call for a licensing system that is fair, transparent and based on evidence. Culture is not a risk. Read the report: https://buff.ly/LxOgV4l #REMEL #RaceEqualityInMusic #BlackLivesInMusic
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I so wish to be part of that team! I can't wait to be back Reed Smith LLP and speak to the brilliant minds that work there.