- Sony Music Entertainment Acquisition of AWAL and Neighbouring Rights Cleared in CMA Final Report
- Mar 16, 2022
On March 16, 2022, the UK’s Competition and Markets Authority (CMA) published its Final Report on the acquisition of AWAL and Neighbouring Rights. The full press release from the CMA can be found here.
This Final Report approves Sony Music Entertainment’s (SME) acquisition of Kobalt’s recorded music operations, including AWAL, a leading provider of services to independent recording artists, and Neighbouring Rights, one of the leading performance rights collection agencies for artists and independent labels worldwide, announced in February 2021.
Sony Music Entertainment said:
“We welcome the decision by the CMA to clear Sony Music’s acquisition of AWAL and Neighbouring Rights, allowing us to focus on offering the best service for their artists, in an intensely competitive market with multiple competitors and many offerings. This is the start of an exciting new venture for SME, AWAL and Neighbouring Rights, and ensures we can continue to deliver real benefits for artists globally as the music industry continues to evolve.”
“Late Night Talking” Live! @ One Night Only in New York
Harry’s House. Out now.
✨divine feminine✨
@DojaCat
NEW DOJA. I REPEAT, NEW DOJA. @DojaCat #elvismovie
And that’s a wrap! We had a fantastic week at @PodcastShowLDN. Until next year👋 #PodShowLDN
Keep up to date with the latest news from Sony Music Entertainment Podcasts by signing up to our mailing list 👉 https://forms.sonymusicfans.com/campaign/sony_music_podcasting_b2b_sign_up_2022/
Oh what a night! Florence Given and Munroe Bergdorf put on an amazing live show for the podcast 'Exactly with Florence Given' last night. The pair conversed on their social media journeys, upcoming book releases and being their authentic selves. 💕💎 #PodShowLDN
In the summer of 1984 Prince wasn’t just popular he was red-hot! Join host @SlingshotAnnie as she tells the story of how the Purple Rain Tour took hold of America and how Prince became a household name. ❤️🔥
Start listing here: https://link.chtbl.com/3BJXFPO4
In podcasting complete authenticity is key. Today at @PodcastShowLDN, Florence Given and Reed Amber unlocked what it means to move conversations from social to audio. 🔐 #PodShowLDN
It was lovely to have POWER: Hugh Hefner host and journalist @AmyRosary at the #PodShowLDN to discuss going from print 👉 podcasts.