Business news
Should I pay school fees for my married daughter’s children?
Should I give my married daughter money to invest and pay my grandchildren's fees?
Sasini sets eyes on expansion as it joins Sh1bn profit club
Agricultural firm Sasini is now setting eyes on new investments.
CBK ends rate hikes as inflation slows
CBK on Monday retained the base lending rate at 8.75 percent on the back of slowing inflation.
Music streaming dividend: Online platforms feed a growing speakers boom
Streaming has changed how we experience music. You don’t spend money accumulating stacks of CDs...
Forex reserves at 88-month low as debt repayments fall due
Kenya’s foreign-exchange reserves have dropped to the lowest level in 88 months.
Car & General adds 711 more jobs to its workforce after expansion
Diversified trading firm Car & General added 711 jobs across its operations in the year...
Multi-genre artiste sets career on right trajectory with record deal
The last one year has been a whirlwind in the career of singer, songwriter and producer Seroney...
Robi Njoroge: Anti-counterfeit boss on Kenya’s plan to combat fakes at the source
Instead of relying on brick and mortar chasing lose cargo into the country, we are implementing...
Warner Bros. Discovery Exploring Sale of Music Assets
Warner Bros. Discovery is exploring a sale of its music assets that could be worth upwards of $1 billion, according to a source familiar with the matter. The catalog is being shopped by famed entertainment attorney Allen Grubman. While the potential sale — which was first reported by The Financial Times — is still in the very early stages, some of Warner Bros. Discovery’s current music partners could be potential buyers. Universal Music Group (UMG) already administers the publishing assets, which are likely the largest part of the deal, and Warner Music Group (WMG) distributes WaterTower Music, Warner Bros. Discovery’s in-house record label. The assets being shopped, including music and production music from the company’s television and film projects, are not the kinds of music rights...
Billboard’s Power Players’ Choice Award: Vote for Music’s Most Impactful Executive (Semifinalists)
The second round of voting is now open for Billboard‘s first-ever Power Players’ Choice Award, featuring the top 20 nominees voted by their peers. Voting is open to all Billboard Pro members, both existing and new, with one vote per member. Vote below. As previously announced, for the first time ever, Billboard is introducing a peer-voted award to its annual Power 100 ranking of the music industry’s most influential executives. This new Power Players’ Choice Award will honor the executive whose peers believe has the most impact across the music business over the past year, from recording and publishing to touring. The second round of voting featuring the top 20 nominees is now open and will end at 11:59 p.m. EST on Jan. 12. The top five vote-getters will proceed to the third round, beginni...
Nick Jonas, RZA and Blxst Join Speaker Roster at SXSW
Nick Jonas, Blxst and Wu-Tang Clan’s RZA are among the music stars set to speak at this year’s South By Southwest, organizers announced today (Jan. 10). The pop and hip-hop artists are among the third batch of speakers for SXSW, which takes place March 10 – 19, 2023 in Austin, Texas. Jonas, a solo artist and member of the chart-topping sibling act Jonas Brothers, will speak on the health-focused panel, Crushing: The Burden of Diabetes on Patients; Blxst will tackle a session entitled, How Music, Entrepreneurship & Independence Intersect, facilitated by Billboard’s R&B/Hip-Hop reporter Heran Mamo; while RZA, the producer, director, screenwriter, rapper and composer, will take the mic as a featured speaker. Also on board as featured speakers are Eric André, Josh D’Amaro, Tommy Dorfma...
UMusic Hotel Madrid, a 5-Star Lodging Alternative for Music Lovers, Is Now a Reality
Madrid is hosting the first UMusic Hotel, a venture that aims to become an entertainment hub in the heart of the capital of Spain. Co-created by Universal Music Group and Dakia Entertainment Hospitality Group, the hotel is located inside the historic Albéniz Theater building, just a few steps from downtown tourist sites such as Puerta del Sol and Plaza Mayor. The hotel opened on Nov. 14, 2022, at a 60% capacity and is now fully operating, with Antonio Banderas‘ take on the musical Company showing at the theater until Feb. 14. Next, Spanish singer-songwriter David Bisbal will take the stage for 20 days between March and April as part of the celebrations of his 20th music career anniversary. The Albéniz Theater was inaugurated in 1945 and was in operation for more than 60 ye...
