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SURF’S UP
FOR HITS LIST
Good vibrations (3/5a)
NEAR TRUTHS: UNCORKED
Jay-Z's blingy mountain of cash keeps gaining altitude. (3/5a)
UMG PULLS IN NEARLY
$9B IN 2020
Value keeps rising ahead of IPO. (3/5a)
MILEY JOINS COLUMBIA
Like moving to the apartment next door. (3/4a)
GRAMMY CHEW: THE
PRE-GRAMMY BOUNCE
Let's hear it for ironic guitar-smashing. (3/5a)
BLACK HISTORY MONTH
A jazz chronicle of fighting the power.
GRAMMYS: WHERE TO FROM HERE?
After the snubs, the show.
ACQUITTED
In a phenomenal display of cowardice.
MOVING THE NEEDLE
When vaccination schedules and touring schedules meet.
Pub Crawling
SONGS IN PLAY?
9/11/17

Sources close to the situation say SONGS Music Publishing has definitely been put into play. According to one potential buyer, a book has been prepared by Lion Tree Advisors. Word is that possible bidders include, well, pretty much everyone.

While SONGS will fetch a tidy sum if sold, a sale isn’t considered inevitable. Sources say the company faces no funding issues, and that partners Matt PincusRon Perry and Carianne Marshall—who oversees global sync and creative services and runs the West Coast office—could, after reviewing all offers, decline to proceed. Founded in 2004 with $5m, the pubco has flourished in recent years with such signings as Lorde, The Weeknd, Diplo, X Ambassadors and recent breakout XXXtentacion.

Acquiring SONGS would more than double the marketshare slice of a comparably sized indie with the requisite deep pockets (its marketshare was 2.2% in the Q2 rankings but has averaged 3.5% over the last nine quarters). The company has been Top 10 in publisher share for 14 straight quarters and has been #6 for nine.