I am Charlotte Cassaragi, and in partnership with the House of Chanel, I present to you

the Léron Contre podcast.

As part of the Rendez-vous littéraire à Troucanbon,

this podcast spotlights the birth of a female writer.

You can listen to the various episodes and their authors on your preferred streaming platforms.

Welcome to And The Update is, I am your host, Paige McDonald, and this is your weekly

Music Industry Update.

Apple has acquired Primephonic, the classical music streaming service headquartered in the Netherlands.

Apple Music is planning to launch a classical music app next year, combining Primephonic's

classical user interface with more added features.

BMG revenues have grown 5% in the first half of 2021 as recorded music sales rise 30%.

Universal Music Group's majority owner has announced that Pershing Square Holdings run by Bill Ackman

has committed to buy an additional 2.9% of UMG for over $1.1 billion.

After being hit with an exclusivity ban by China's state administrations of market regulation in July,

Tencent Holdings and its majority-owned music arm, Tencent Music Entertainment,

have ended all exclusive deals held with global labels in China.

Burner Music Group has inked a global licensing deal with the social platform Quai Show.

Primary Wave has acquired a majority stake from the Gin Blossoms catalog.

YouTube Music has officially crossed 50 million paid and trial subscribers.

TikTok has teamed up with Macro to launch an incubator program for Latinx creatives.

Caroline Williams has been appointed Executive VP at RCA Records.

Apple has returned with a motion-captured London concert series and a new album for Quarter Four.

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