M&A Deal Summary

Warner Music Group Acquires X5 Music Group AB

On June 2, 2016, Warner Music Group acquired media company X5 Music Group AB

Acquisition Highlights
  • This is Warner Music Group’s 5th transaction in the Media sector.
  • This is Warner Music Group’s 1st transaction in Sweden.

M&A Deal Summary

Date 2016-06-02
Target X5 Music Group AB
Sector Media
Buyer(s) Warner Music Group
Deal Type Add-on Acquisition

Target

X5 Music Group AB

Stockholm, Sweden
X5 Music Group AB is a specializes in licensing deep catalog and specific genres of music to create playlists, streaming and download products.

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Buyer(S) 1

Buyer

Warner Music Group

New York, New York, United States

Category Company
Founded 1929
Sector Media
Employees5,800
Revenue 6.4B USD (2024)
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, New York.


DEAL STATS #
Overall 6 of 15
Sector: Media M&A 5 of 10
Type: Add-on Acquisition M&A Deals 5 of 9
Country: Sweden M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-26 POLSKIE NAGRANIA Sp. z o. o.

Warsaw, Poland

POLSKIE NAGRANIA Sp. z o. o. is a recording company producing a wide range of musical records pop, rock, jazz, folklore, classical, children.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 Complete Entertainment Resources Group - Songkick Platform

Brooklyn, New York, United States

Complete Entertainment Resources Group, Inc. - Songkick Platform is an artist-ticketing platform and major concert discovery service. Company help artists sell more tickets on their own site, on Songkick and across a wide range of partners, including Spotify, YouTube and BBC Music. Right now, more than 15 million music fans across the globe use Songkick to track their favorite artists, discover new concerts and buy fairly priced tickets under one roof.

Buy -