Warner 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. Related Earnings: Warner Music Group Q2 Digital Revs Rise 39 Percent; Net Loss Reduced @ Convergence 2.0: Keynote: Edgar Bronfman, CEO, Warner Music Group Our mobile application for Blackberry and other Smartphones brings you the latest headlines when you're on the go. Go here to download . ...
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Warner 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. Related Earnings: Warner Music Group Q2 Digital Revs Rise 39 Percent; Net Loss Reduced @ Convergence 2.0: Keynote: Edgar Bronfman, CEO, Warner Music Group Our mobile application for Blackberry and other Smartphones brings you the latest headlines when you're on the go. Go here to download . ...