One Liners: Dave & Central Cee, Superstruct, Semisonic, more
DEALSSuperstruct has bought majority stakes in three more festivals, London-based Mighty Hoopla and Cross The Tracks, and the Austrian festival Snowbombing. IQ says that it believes those acquisitions are the result of a deal between Superstruct and various companies owned by Gareth Cooper, who was the founder and former CEO of Broadwick Live.Beyond Music – one of those music investment firms, based out of Seoul in South Korea – has announced it has completed a new fundraising round totalling $170 million. Says CEO Jangwon Lee: “Home to all-time hits comparable to the Bon Jovis, Led Zeppelins and Whitney Houstons of Asia, Beyond Music has already established itself as the region’s market leader with the deepest pockets, quantitative disciplines and proven value-up records.