M&A Deal Summary

Peermusic Acquires Music Cube

On January 15, 2019, Peermusic acquired media company Music Cube

Acquisition Highlights
  • This is Peermusic’s 1st transaction in the Media sector.
  • This is Peermusic’s 1st transaction in South Korea.

M&A Deal Summary

Date 2019-01-15
Target Music Cube
Sector Media
Buyer(s) Peermusic
Deal Type Add-on Acquisition

Target

Music Cube

Seoul, South Korea
Music Cube, Inc. is the biggest local producing and publishing company. Music Cube is playing a major role in opening up a new chapter of Korean pop music market and offering a global vision.

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Buyer(S) 1

Buyer

Peermusic

Berkeley, California, United States

Category Company
Founded 1928
Sector Media
DESCRIPTION

peermusic is the world's largest global independent publishing company and operates in 30 countries. With well over a half million titles in the company's catalog, and songs that vary from country, blues, jazz, and pop to Latin, concert and rock'n'roll, peermusic is the largest privately owned company of its kind in the world.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2019 M&A 1 of 1