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Bullet for My Valentine, From the Fields Diversity, Damon Dash Sued, Diddy Development Program, UMG SPAC, Shazam

Bullet for My Valentine Announce Self-Titled New Album, Unleash Single “Knives”

Bullet for My Valentine’s new album will arrive October 22nd. The band has released the video for lead single “Knives”. It is their seventh LP and represents the peak of their definitive sound. Vocalist and guitarist Matt Tuck calls it an evolution for the band. He says the music is “more visceral and passionate than it’s ever been”

FROM THE FIELDS LAUNCHES DIVERSITY INITIATIVE TARGETING TRAINEE PROMOTERS

SHOUT, a training project, has been created by the Manchester-based production agency behind the Kendall Calling and bluedot events. It is open to two young aspiring promoters from black, Asian, and minority ethnic backgrounds. From the Fields also hosts Arts by the Sea and Youth Music’s new £2 million incubator fund, which is funded by the People’s Postcode Lottery.

Roc-A-Fella sues Damon Dash over attempted sale of JAY-Z’s ‘Reasonable Doubt’ as an NFT

Dash claims the lawsuit is riddled of errors and that he is seeking to sell his shares in Roc A Fella, not the record. The label claims that Dash cannot legally release Jay’s debut album from 1996 since the label owns the rights to it.

In Musical Chairs…

Sean ‘Diddy’ Combs Signs With WME, Starts Development Program for Underrepresented Students

Diddy and Endeavor have formed a partnership to diversify the music industry. The Excellence Program aspires to be one of the most comprehensive virtual development programs for aspiring entertainment executives. The program, which begins on July 12, will be free and open to any eligible students interested in a career in entertainment, marketing, music, or fashion. The six-week curriculum will feature seminars on touring and performing, professional growth, the entertainment industry, and storytelling.

DONE DEAL: PERSHING SQUARE SPAC IS BUYING 10% OF UNIVERSAL MUSIC GROUP FOR $4BN

Pershing Square Tontine Holdings has confirmed that it has entered into a binding deal with Vivendi to acquire 10% of the outstanding ordinary shares in UMG for roughly $4 billion. Shares will be allocated to PSTH shareholders later this year, once Vivendi completes the previously announced offering of UMG on Euronext Amsterdam.

We’ll talk more about this in the Music News Power Hour live on Clubhouse and on MusicIndustryCity.com at 12 p.m. Eastern.

And in music tech news…

Apple-owned music identification and discovery app Shazam announced this week it had surpassed 1 billion Shazams per month.

Shazam has surpassed 1 billion monthly recognitions and successfully matched over 50 billion tags with over 51 million songs. Apple highlighted its plans for Shazam’s future at WWDC this week, with the release of ShazamKit, which brings Shazam’s audio identification capabilities to third-party apps.

And that concludes today’s update. For article links, see the show notes, or go to MusicIndustryCity.com and listen to the Music News Power Hour live in Clubhouse or on the website at 12 p.m. Eastern.

Have a great weekend!

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