Live Nation’s high-priced acquisition of a majority share of Ocesa Entertainment — which tipped the scales at an estimated $400 million — has now been called off. The acquisition was first announced in July of 2019 — back when a complete shutdown…
Category archives: Mergers and Acquisitions
ICM Partners Acquires London’s Primary Talent International
Global talent agency ICM Partners has acquired Primary Talent International, a London-based live music organizer that’s worked with an array of prominent artists. As ICM Partners represents many well-known bands and musicians (in addition to entertainm…
Pex Acquires Dubset as the EU Copyright Directive’s Implementation Deadline Approaches
Proprietary music-fingerprinting and rights negotiation platform Pex has acquired Dubset, a licensing platform for DJ mixes, live performances, and other, similar original content. Dubset has focused on enabling DJ sets, remixes, and other spontaneous …
Anghami Says They’re Juggling Multiple Investment and Acquisition Offers
Anghami, the leading music-streaming service for residents of North Africa and the Middle East, claims to be fielding multiple equity-investment offers and acquisition proposals. In a recent interview, Anghami co-founder Elie Habib confirmed previous r…
Spotify Reportedly Paid $250 Million for Podcast Platform The Ringer
Spotify’s recent acquisition of The Ringer, a sports and pop culture website and podcast network, cost approximately $250 million. Exact sales figures are expected to be publicly released in an upcoming SEC filing. According to an anonymous source spi…
LiveXLive Acquires Spring Awakening Promoter React Presents for $2 Million
Live-streaming concert and original content platform LiveXLive has acquired React Presents, an organizer and promoter of EDM concerts. The deal came at a price of $2 million, according to the companies. The sum was funded with a convertible subordinat…
Exactuals Acquires Backlash Solutions, Opens NYC Office
SaaS-based payments processing firm Exactuals has acquired Backlash Solutions, a digital music company that specializes in helping industry professionals organize data and more efficiently calculate royalties. As part of the deal, Backlash President an…
Sony/ATV Music Publishing Announces Its Nashville CEO
Sony/ATV has found its new Nashville CEO after an acquisition. Rusty Gaston will serve as CEO effective immediately. Sony/ATV also acquired THiS Music, which Gaston co-founded with Tim Nichols and Connie Harrington. Gaston succeeds Troy Tomlinson, who …
CTS Eventim Acquires a Majority Stake In Gadget Entertainment
CTS Eventim has struck a deal to buy a majority stake in Gadget Entertainment and wepromote. The move will help Eventim expand into Switzerland. CTS Eventim is a live entertainment and ticketing giant in Europe. The company is acquiring a 60% stake in …
The Ringer Staff Finds Out About Spotify Acquisition Talks—from the Wall Street Journal
Spotify’s interest in acquiring The Ringer, a sports and popular culture website and podcast network, came as a surprise to many—including Ringer employees, who learned of the news just like everyone else did: through a report published by The Wall Str…