The deal could be worth up to $80 million for the Pittsburgh-founded label’s earlier releases, sources say.
Sources say the label, put up for auction in the fall of last year, is being shopped by the Raine Group, the investment bank and advisory firm that’s closed a number of recent big music deals, including Downtown Music Publishing’sInitially, Ginsberg was said to be looking for a deal that would allow him to continue running the label with its full catalog intact.
Rostrum and Raine Group declined to comment and neither would disclose with whom they’re nearing a deal. While sources now say the deal is priced at upwards of $80 million, some familiar with the deal give the catalog a $65 million valuation.estimates label revenue, after deducting production and distribution fees, at about $4 million to $5 million in 2021.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
A simple string of 'and's seem to crash Google Docs pages | EngadgetA simple string of 'and's seem to crash Google Docs pages
続きを読む »
We’re Taking Sheryl Crow for GrantedSheryl Crow has sold 35 million albums worldwide, but is not nearly credited enough for the sound she created. MarissaRMoss writes
続きを読む »
Home from Slim Aarons' 'Poolside Gossip' sells for Palm Springs recordThe home that’s pictured in Slim Aarons’ famous “Poolside Gossip” photo series just sold for a record-breaking price in Palm Springs.
続きを読む »
Making New Climate Data from Old TimberWhen an old building is demolished, its construction materials can reveal the secrets of the past.
続きを読む »
Latin superstar Bad Bunny is releasing a new album this week. Here's what we know so farBad Bunny's fifth studio album, dropping on Thursday, features 23 tracks and includes guest stars from Rauw Alejandro to the Marías.
続きを読む »
Denver data company stops selling information on visits to abortion clinicsA Denver-based data broker said it will stop selling information on visits to abortion clinics following a report from Vice about how easy it was to access the information and concerns about how it may be used.
続きを読む »