M&A Deal Summary

Warner Music Group Acquires Parlophone Label Group

On July 1, 2013, Warner Music Group acquired media company Parlophone Label Group from Universal Music Group for 487M GBP

Acquisition Highlights
  • This is Warner Music Group’s 2nd transaction in the Media sector.
  • This is Warner Music Group’s 0th largest (disclosed) transaction.
  • This is Warner Music Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-07-01
Target Parlophone Label Group
Sector Media
Buyer(s) Warner Music Group
Sellers(s) Universal Music Group
Deal Type Divestiture
Deal Value 487M GBP

Target

Parlophone Label Group

United Kingdom
Parlophone Label Group is a record label company. Parlophone provides recordings and classic and contemporary artists spanning a wide array of musical genres.

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Buyer(S) 1

Buyer

Warner Music Group

New York, New York, United States

Category Company
Founded 1929
Sector Media
Employees5,900
Revenue 6.0B USD (2023)
DESCRIPTION

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 2 of 15
Sector (Media) 2 of 10
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Word Entertainment

Nashville, Tennessee, United States

Word Entertainment LLC is an artist services company active in recorded music, publishing, film, live events, and church resources.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-29 Gold Typhoon Group

Beijing, China

Gold Typhoon Group is an entertainment company. Gold Typhoon catalog provides collections of local pop and rock music.

Buy -

Seller(S) 1

SELLER

Universal Music Group

Santa Monica, California, United States

Category Company
Sector Media
DESCRIPTION

Universal Music Group, Inc. is a provider of recorded music, music publishing, and merchandising services based in Santa Monica, California..


DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-27 Fame House

Philadelphia, Pennsylvania, United States

Fame House LLC is an innovative digital marketing agency whose clients include artists, brands and festivals including Eminem, Pearl Jam, Mitchell & Ness and Electric Zoo.

Buy $1M