Shirley Halperin Executive Editor, MusicThe estimated $55 million music market in Israel, like the Middle Eastern country’s comparatively small size, would quantify as the equivalent of a rounding error for a global music company.
But its recorded music revenue growth was up 10.2% in 2021, per the IFPI, and the majors are taking notice.In 2021, UMG opened a Tel Aviv office housing a recorded music division and an arm of Universal Music Publishing Group (headed by managing director Yoram Mokady and general manager Itamar Shafrir, respectively).
Universal Music Israel’s A&R team has hit the ground running, signing local talents like Michael Ben David and Ozel, the latter who performed an industry showcase in May which brought out execs from the U.K.
and tastemakers from Israeli radio — still an influential media source in the country — and the live industry. In addition to developing Hebrew-language artists, the company has partnered with James Diener, who signed Maroon 5 to its first label deal at A&M Octone Records and whose Freesolo Management has represented Avril Lavigne and the Struts, and Ken Levitan, whose Nashville-based Vector Management is home to T Bone Burnett, Kesha and Kid Rock, to find a six-member boy band — Israel’s take on BTS or One Direction.Comprised of Jews and Arabs, the guys will sing in English under the banner As1One.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.