SONY BUYS REMAINDER OF THE ORCHARD

Sony Music has formally announced its deal to acquire the remaining interest in distribbery The Orchard, subject to regulatory approval. The deal has been estimated at around $200 million. Sony has been the majority investor in the firm since 2012, when The Orchard was merged with Sony-owned IODA and became the digital distribution arm for RED and select ex-U.S. catalogue.

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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SONY BUYS REMAINDER OF THE ORCHARD

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