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FYI

Unison Wins Support From All Three Major Labels

Yowzers, there is a god in heaven!

And those in need can offer 'thanks' to Music Canada and the three major labels.

Unison Wins Support From All Three Major Labels

By External Source

Yowzers, there is a god in heaven!


And those in need can offer 'thanks' to Music Canada and the three major labels.

Canada’s three major labels – Sony Music Entertainment, Universal Music and Warner Music – are providing direct financial support for the Unison Benevolent Fund, the non-profit charity that provides counselling and emergency relief services to individuals working in the Canadian music community.

“This support helps Unison help the music community- and with the support of our member labels, Music Canada is proud to work even more closely with Unison to provide targeted support for the benefit of our creative industry,” Music Canada President and CEO Graham Henderson said in a statement Thursday.

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Additionally, Music Canada has announced that it has expanded its supporting role for the organization. In response to the pandemic, Music Canada is providing Unison financial and administrative resource support, together with government relations expertise and guidance. “As one of the founding supporters of Unison, we have seen the crucial need for their services,” continued Henderson, “and we have seen the impact of their relief on those who come to Unison for help.” 

“Unison is enormously grateful for the continuous support from some of the biggest players in the Canadian music industry,” said Unison Fund Executive Director, Amanda Power. “The direct and valued efforts from Canada’s major record labels ensures that we can continue to provide discreet counselling and health services in addition to immediate financial relief for the most vulnerable in our industry at this very critical time.”

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Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets
Business News

Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets

Sources say the BlackRock-backed company bid slightly above $650 million for the assets, though the deal has yet to close.

Apparently, the third time really can be the charm, as sources say Influence Media Partners has emerged as the winner in the auction for the music assets of Anthem Entertainment, the Canadian music firm that houses music publishing assets and recorded masters royalties from the likes of Rush and Timbaland.

While two earlier efforts to sell the firm in 2017 and 2022 came up short, sources suggest that in the third go-round, the successful Goldman Sachs-shopped deal saw at least two bids come in above the $600 million mark, even though most other bidders were said to be in the $500 million to $600 million range before dropping out. In all, sources suggested that about a dozen suitors kicked the tires on Anthem.

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