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Warner Music Takes Majority Stake In Spanish Artist Manager Get In

By Joseph Weisenthal - Wed 13 Aug 2008 11:35 AM PST

imageWarner Music continues to push beyond recorded music… the struggling label has taken a majority stake in Get In, a Spanish artist management firm, according to Reuters. Terms of the deal have not been disclosed. WMG’s core business improved modestly in the latest quarter, but CEO Edgar Bronfman Jr. has spoken repeatedly about the goal of moving the company beyond the confines of a traditional label. In addition to managing artists like Spanish band La Oreja de Van Gogh (translation: Van Gogh’s Ear), it produces live events. Last year the company announced a 70 percent stake in Japanese management firm Taisuke.

Posted in: Companies, WMG, Countries, Europe, Spain, Entertainment, Music, Money, M&A

Tags: get in,


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