M&A Deal Summary

LiveOne Acquires Modern Drummer

On May 4, 2021, LiveOne acquired publishing company Modern Drummer

Acquisition Highlights
  • This is LiveOne’s 1st transaction in the Publishing sector.
  • This is LiveOne’s 8th transaction in the United States.
  • This is LiveOne’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-05-04
Target Modern Drummer
Sector Publishing
Buyer(s) LiveOne
Deal Type Add-on Acquisition

Target

Modern Drummer

Fairfield, New Jersey, United States
Modern Drummer is a drum magazine print edition with a digital reach in the millions and a respected source and a gold standard for drumming features, news, education, podcasts, and reviews. Modern Drummer was formed in 1977 and is based in Fairfield, New Jersey.

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Buyer(S) 1

Buyer

LiveOne

Beverly Hills, California, United States
Category Company
Founded 2009
Sector Digital Media
Employees140
Revenue 118M USD (2024)
DESCRIPTION

LiveOne is a global talent-first, interactive music, sports, and entertainment subscription platform delivering content and live streams from the world's top artists. LiveOne was formed in 2009 and is based in Beverly Hills, California.

DEAL STATS #
Overall 8 of 11
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 7 of 10
State (New Jersey) 1 of 1
Country (United States) 8 of 11
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 Custom Personalization Solutions

Addison, Illinois, United States

Custom Personalization Solutions LLC is an operator of fast-growing web-oriented businesses specializing in the merchandise personalization industry. Custom Personalization Solutions was founded in 2012 and is based in Addison, Illinois.

Buy $6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-28 Gramophone Media

New York, New York, United States

Gramophone Media specializing in Music Publicity known for its work breaking international acts like K-pop sensations BTS & Monsta X, as well as its unique approach to PR & Artist Development in the U.S. Gramophone and its specialized divisions have a commitment to positively impact and influence the world of music and culture. Current and past clients and platforms include: Tiffany Young, Melii, Lil Simz, San Holo, Steve Aoki, Jazz Cartier, Kiiara, Zhu, Tessa Violet, Tayla Parx, Jesse McCartney, Joshua Radin, KT Tunstall, Ani DiFranco, Randy Jackson, WIX, Amuse IO and many more. Gramophone Media is based in New York City.

Buy -
Mergr

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