Oasis Legal Action Halts Sale of Unheard Tapes; Universal Music Restructures Brands Division

Rock band Oasis has initiated legal proceedings to prevent the sale of previously unheard recordings, leading to the withdrawal of the lot by the auction house. This development marks a significant intervention by the band to control their unreleased material.

In parallel, Universal Music Group has appointed Libby Bush to the newly created position of President, Global Brands and Commercial Partnerships. This move signals a strategic restructuring aimed at consolidating and expanding the company's brand, media, and commercial partnership ventures across various platforms, including digital and physical products. The industry also saw Avex acquire a majority stake in S10 Entertainment.