Having already snaffled Billboard, Variety, Rolling Stone and The Hollywood Reporter as part of its corporate expansion, Penske Media Corporation (PMC) has now made its next acquisitive move. The company […]
Tag: Acquisitions
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Warner Music Group is buying AI-attribution startup Sureel AI
The three major labels have been striking deals with various AI startups, but now Warner Music Group is acquiring one:Â Sureel AI.
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Merlin and Jamen Capital are buying Curve Royalty Systems from UMG
Universal Music Group agreed to divest (sell) Downtown Music subsidiary Curve Royalty Systems. Now we know the buyers.
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Pershing Square set to sell its UMG stake for up to €1.5bn
Universal Music Group rejected hedge-fund Pershing Square’s €55bn acquisition offer last week. But with the latter owning a 4.7% stake in the major label, what happens next? Well, what appears to be […]
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UMG joins Bolloré Group in rejecting Pershing Square offer
Well, that didn’t take long then. A couple of days after UMG shareholder the Bolloré Group firmly rejected hedge-fund Pershing Square’s acquisition bid for the major label, now UMG itself has followed […]
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UMG shareholder the Bolloré Group firmly rejects Pershing Square acquisition bid
Hedge fund Pershing Square, led by Bill Ackman, made a surprise €55bn acquisition bid for Universal Music Group earlier this year.
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BMI buys cue-sheet management firm Soundmouse from Orfium
US-based PRO BMI has acquired Soundmouse, the cue-sheet management firm, from its previous owner Orfium in a deal announced this week.
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Primary Wave’s latest acquisition is artwork firm Hipgnosis
‘Primary Wave Music acquires Hipgnosis’ is an announcement that a few years ago would have almost-certainly involved music rights. But no, this is the other Hipgnosis: the one that designed […]
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Akai and Denon DJ owner InMusic buys Native Instruments
Electronic-music tech firm Native Instruments has found its saviour. It is being acquired by InMusic following its recent insolvency.
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Sony reportedly looking to buy Recognition Music Group’s publishing assets
Recognition Music Group, if you don’t – get it – recognise the name, was the result of the bundling-together of three companies connected to former catalogues-aquirer Hipgnosis: Hipgnosis Songs Fund, Hipgnosis Songs Assets and […]
Posted inSouth Asia
Times Music acquires long-running Punjabi music label Catrack Entertainment
The Times Group-owned Times Music has acquired the catalogue of Mohali-based Punjabi music label Catrack Entertainment, its third buyout of an Indian regional-language music company after receiving a strategic investment […]
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BMG and Concord reveal plans to merge under BMG name
The recent rumours were right: BMG and Concord are set for a merger to create “the leading independent music company in the world”.
