Feb 9, 2006 • 1 min read

Chrysalis sell Air Studios

Chrysalis has sold its 50% stake in Air Studios to a new company, Air Holdings, owned by independent studio company Strongroom, as part of a strategy to focus on radio and publishing.

The Chrysalis group has sold its 50% stake in Air Studios, the North London studio complex built by the legendary Beatles producer George Martin. Chrysalis and its joint venture partner in the studio enterprise, Pioneer, have both sold out to a new company called Air Holdings, which is owned by independent studio company Strongroom. The sale is part of Chrysalis' previously stated aim to concentrate its efforts on its radio and music publishing/recordings businesses.

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