Ronnie Spector’s Estate, Lil Yachty’s Record Label, and Other Exciting Music Deals

The estate of Ronnie Spector, the lead singer of The Ronettes, has partnered with Artist Legacy Group (ALG) to manage her legacy. ALG will oversee Spector’s personality rights and digital assets, with CEO Ashley Austin leading branded projects. A film adaptation of Spector’s memoir, “Be My Baby,” is in the works at A24. Spector’s husband, Jonathan Greenfield, will manage the estate.

In other music news, Lil Yachty has launched Concrete Rekordz, a new label in collaboration with Quality Control Music/HYBE. The label’s first release, “Family Business,” features Concrete Boys and will be part of their upcoming compilation album, “It’s Us Volume 1.”

Additionally, Dubai-based streaming platform OSN+ has acquired a majority stake in Anghami, a music streaming service. The merger brings together OSN+’s video content with Anghami’s extensive music catalog, creating a company with over 120 million registered users and $100 million in revenue.

Virgin Music Group has partnered with 3AM Entertainment, a new label founded by Jay Sean, Jeremy Skaller, and Jared Cotter. The label will focus on artists from the South Asian diaspora, with Jay Sean’s single “Heartless” as the first release.

These developments in the music industry showcase the continued growth and evolution of the entertainment landscape, with artists and companies forging new partnerships and ventures to reach audiences worldwide.