From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US it’s MBW’s Weekly Round-Up
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Armin van Buuren’s Armada forms new parent company, acquires Amsterdam’s Cloud 9 Music, and targets $500m in new investments via its BEAT Music Fund
The newly-formed Armada Music Group will encompass Armada’s label, publishing and investments arms Source