M&A Deal Summary |
|
|---|---|
| Date | 2024-10-10 |
| Target | Cloud 9 |
| Sector | Media |
| Buyer(s) | Warner Music Group |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1929 |
| Sector | Media |
| Employees | 5,900 |
| Revenue | 6.0B USD (2023) |
Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, East West, Elektra, Fueled By Ramen, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros., and Word, as well as Warner/Chappell Music. WMG comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. WMG is engaged in the recorded music business (including artist services) and the music publishing business, and is a leading company in national and international repertoire that operates through numerous international affiliates and licensees in more than 50 countries. Warner Music Group was formed in 1929 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 15 |
| Sector (Media) | 10 of 10 |
| Type (Add-on Acquisition) | 9 of 9 |
| Country (Netherlands) | 1 of 1 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-08 |
Nika
Ljubljana, Slovakia Nika is an independent label repertoire of more than 11,000 songs including tracks from Big Foot Mama, Koala Voice, Luka Basi, Nipke, Siddharta, and Žan Serčič. Nika is based in Ljubljana, Slovakia. |
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