Cultura Voice

  Beyond Words: Verses of Change (Original Documentary Soundtrack) Director Raymundo Archilla Music by Sid De La Cruz Label Plaza Mayor Company Ltd Inspiring documentary that delves into the lives of young poets from schools thought LAUSD as they prepare to compete in the Classic Slam, Los Angeles’ spoken word poetry event. Beyond Words on Spotify "It was a pleasure getting to work with Ray on this documentary. After watching the doc for the 1st time, Ray mentioned that he wanted orchestral music. Once I knew that the documentary had to do with students and a competition, I brought up the idea about incorporating marching band influences into the score. The idea of students and competition, made me thing of marching band music, similar to students who compete during sports. I decided to create a brief demo. Once Ray heard it, he liked the idea and we decided to incorporate it into the score." Sid De la Cruz – Composer Beyond Words on Apple Music 1 ...

 There was some behind-the-scenes debate this week as to what Sony Music paid to buy a majority-stake in Todd Moscowitz’s Alamo Records. One well-placed source told us that, whatever Sony paid, it valued Alamo at a whopping $250 million. Other sources close to the deal suggested that this mooted $250 million figure was an exaggeration. All sources agreed that what  reported (“Sony paid comfortably north of $125 million”) was true. The question is: how far comfortably north? Further sources have since led us to believe that Sony Music paid somewhere between $125 million and $200 million for its majority stake in Alamo. We don’t know the precise size of majority stake Sony acquired. But, for example, if it bought a 75% chunk of Moscowitz’s company for $190 million, that would indeed give Alamo a ≈$250 million valuation. These guessing games don’t touch on perhaps the most interesting quirk of the deal, though: Alamo was originally launched as a JV with Universal Music Group. As ...

Belgium-based, independent music trade body IMPALA has said that it is ‘gearing up to oppose Tencent’s buyout of a 10% stake of Universal Music Group.’ The European organization argues that ‘the impact of such a sale would change the whole music ecosystem’, and that smaller companies will be at a competitive disadvantage. In a statement issue today (November 26), IMPALA, which represents over 4,000 independent music companies and national associations, says that it is also ‘concerned about who might buy the additional UMG stakes that are up for grabs’. Tencent Music Holdings is the majority shareholder of Tencent Music Entertainment (TME), which owns QQ Music, Kugou and Kuwo and has an estimated 90% market share of digital music in China. According to TME’s latest Q3 results, it reached a total of 35.4m paying music subscribers in the three months to end of September, while the firm’s online music services – including both streaming and downloads – generated RMB 1.85bn (US $...