DEALSBMG has acquired the writer’s share of song royalties from Michael Münzing of 90s dance duo Snap, it having previously acquired the outfit’s recordings catalogue. “Snap are a cultural touchstone for the 90s which continues to resonate today, not just in streaming but also in sync”, says BMG EVP Repertoire & Marketing Maximilian Kolb. “We are pleased to have agreed terms with Michael Münzing which will allow us to further secure the value of these great works”.————————————————–APPOINTMENTSVenue operator Oak View Group has appointed Ade Patton as CFO.
He joins from HBO Max. “I’m pleased that Ade will be joining OVG as our new Chief Financial Officer”, says CEO Tim Leiweke. “Ade is a seasoned financial executive who has helped lead world-class companies, and I look forward to having him on our team to help guide OVG’s continued strategic and sustainable growth at scale”.Jacob Fain has been promoted to Head Of A&R at Warner Music’s Elektra Entertainment division in the US. “Elektra is building a cutting-edge, forward-thinking record company focused on music that moves culture and developing best in class talent”, he says. “I’m so proud of the work we have done to serve our artists in an evolving landscape, and to be part of such an incredible team”.————————————————–ARTIST NEWSJake Shears and Rebecca Lucy Taylor (aka Self Esteem) have joined the cast of the current West End production of ‘Cabaret’.
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