Universal to buy Sanctuary
Universal Music Group has agreed to buy the struggling Sanctuary Group for 20 pence a share, a deal worth £104.3m including debts.…
Sanctuary
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Hong Kong investment types in takeover talks with Sanctuary
The Daily Telegraph reports Hong Kong-based Crosby Capital Partners is in takeover talks with Sanctuary and has access to its books, with Universal Music also reportedly given access.…
Sanctuary sell Air-Edel
Sanctuary has sold its stake in Air-Edel to rival sync firm Cutting Edge Music for just under half a million pounds, payable over eighteen months.…
More takeover speculation on EMI and Sanctuary
Speculation continues over EMI's ownership after its board backed Terra Firma, with reports Warner and Universal may consider a bid for Sanctuary, and some expecting a bidding war.…
Sanctuary confirms it is open to offers
Sanctuary says it is considering disposing of parts of its group after posting a £56.7 million annual loss, an improvement on the previous year's £136 million loss.…
The Orchard enters into deals with Ericsson and Sanctuary
The Orchard has signed a global deal with Ericsson to distribute full-track downloads and master tones, and a deal to digitally distribute Sanctuary Music's recorded catalogue.…
Idlewild tour dates and new single
Idlewild have signed to Sanctuary and release single 'If It Takes You Home' on 4 December, with album 'Make Another World' following in February, plus live dates.…
Sanctuary announce label restructure
Sanctuary has reactivated its Sequel and Slogan labels, with The Cooper Temple Clause and Idlewild the first signings to Sequel.…
Sanctuary confirm Rod Smallwood leaves Iron Maiden management
Sanctuary confirms co-founder Rod Smallwood has left to manage Iron Maiden through his new company Phantom Music Management, while Sanctuary keeps merchandising and US label deals.…
Smallwood formally ends ties with Sanctuary
According to HitsDailyDouble, Rod Smallwood has severed ties with the Sanctuary Group and taken Iron Maiden with him.…
MAMA no longer interested in Sanctuary
MAMA Group has formally ended its bid to acquire Sanctuary Music Group, saying Sanctuary's advisers refused any meaningful dialogue about its proposals.…
Sanctuary reject MAMA takeover offer
Sanctuary has rejected the share-only takeover proposal from MAMA Group, saying it is without merit, and has ended discussions, while MAMA has warned it may pursue a hostile bid.…