MUSIC
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Digital Music Company Believe Buys 25% In Global Records
France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008.
Four Major Music Festivals in Romania Generate RON130M Revenue
The four biggest music festivals in Romania – Untold, Electric Castle, Neversea and Summer Well, had more than 775,000 visitors last year, 200,000 of them unique, ZF has found.
Biggest Music Festivals In Romania Take In Over RON100M From Tickets And Sponsorships
Untold (Cluj Napoca), Neversea (Constanta), Electric Castle (Cluj Napoca) and Summer Well (Bucharest) made almost 100 million lei (EUR22 million) from ticket sales and sponsorship contracts....
Biris, Zonga: Romanians Pay For Mobile Music, But Most Money Comes From Games
Users in Romania are willing to pay for music but most of the money on the local market comes from games, said Sergiu Biris, founder of Trilulilu and CEO of Zonga.
Retailers To Hike Prices To Offset Rise Of Fees For Playing Copyrighted Music In Stores
Large retailers in Romania will increase prices to counterbalance a recent tripling of the fees they pay to the Romanian Union of Composers and Musicologists for the copyrighted music they p...
La Mama Owner Plans To Open Pub In Historical Center
Businessman Catalin Mahu, who owns the La Mama restaurant chain and Cafepedia coffee shops, will this year invest EUR700,000 in a music pub in Bucharest’s historical center