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# THU. BRIEF: UMG Acquires Office Augusta • Alibaba Plans $7.2B Entertainment Investment • Facebook Music ID • More
- URL: https://www.hypebot.com/am-brief-umg-acquires-office-augusta-alibaba-plans-72b-entertainment-investment-facebook-music-id-mo/
- Published: 2016-12-29T08:50:22.000Z
- Updated: 2016-12-29T08:50:22.000Z
- Description: Thursday 12.29.16 Music Business News From Around The Web If the last few days are any indication, 2017 will be a good year for investments in music including some major. Continue reading [https://www.hypebot.com/hypebot/2016/12/am-brief-umg-acquires-office-augusta-alibaba-plans-72b-entertainment-
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, -elect, Acharya, Alien and Sedition Acts, Animals as Leaders, apps, Augmented reality, Bill Gates, business, Donald Trump, music, New York City, #wp, #wp-post, #Import 2026-01-21 10:13

**[![Money on fire](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d24b7c88970c-150wi "Money on fire")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d24b7c88970c-popup?ref=hypebot.com)Thursday 12.29.16**

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*If the last few days are any indication, 2017 will be a good year for investments in music including some major IPOs.*

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