[PIAS] to market and distribute BMG’s Mute and Sanctuary catalogues
[PIAS] last week announced a new partnership with BMG that will see the independent music group’s label services unit…
Sanctuary
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BMG’s Mute and Sanctuary acquisitions complete
BMG has confirmed that its acquisition of the Mute and Sanctuary catalogues has been completed after the transaction got the…
BMG acquires Sanctuary catalogue
With the final bits and pieces related to the asset sale kicked off by Universal’s acquisition of EMI Music…
Universal Music profits down but Vivendi profits up
Universal Music profits fell 12.9% in 2007 to 624 million euros, while parent Vivendi's profits rose 8%, with CEO Jean-Bernard Levy citing strong performance.…
Iron Maiden sign integrated deal with EMI
Iron Maiden have re-signed with EMI on a multi-rights deal covering touring, merchandise and sponsorship, but not publishing or the US.…
BPI appoints Julian Wall as Director of Independent Member Services
The BPI has appointed former Sanctuary executive Julian Wall as Director of Independent Member Services, succeeding Jon Webster, and two new indie reps join its council.…
Beggars buys Sanctuary's stake in Rough Trade
Beggars Group has acquired Sanctuary's stake in Rough Trade, with founders Geoff Travis and Jeannette Lee backing the deal, which leaves the label independent.…
OFT approve Universal's Sanctuary takeover
The UK Office of Fair Trading has approved Universal Music Group's acquisition of the Sanctuary Group, clearing the deal in the US, Germany, Spain, Australia and the UK.…
Universal extend Sanctuary offer
Universal Music has extended its takeover offer for the Sanctuary Group to 26 July, with only 30.88% of shares formally offered so far.…
Morrissey considering Warner offer for next album
Morrissey says via fan site True To You he is considering an offer from Warner Brothers for his next album, after his relationship with the Sanctuary imprint ended.…
Counter-bid for Sanctuary rumoured
Private equity firm Crosby Capital Partners is reportedly considering a counter-offer for Sanctuary, following Universal's 20 pence per share takeover bid.…
Universal will embrace Sanctuary 360 approach if takeover successful
Sources tell Billboard that Universal plans to keep Sanctuary's merchandising, agency and management businesses intact if its takeover succeeds, under CEO Frank Presland.…