RUMOR MILL
Tuesday, March 26, 2013
Details of Concord Sale
LEAR’S HAUL: Yesterday’s sale of Concord Music Group to New Haven investment firm Wood Creek Capital Management (see below) has been reported to carry a price tag of $115-120 million. Norman Lear’s Village Roadshow Entertainment Group sold the company to concentrate of its film production. Wood Creek CEO Brett Hellerman insists his company will work with the current management staff, including President/CEO Glen Barros to grow the music group and sign new artists. Reed Smith and MESA represented Wood Creek in the transaction, while Lathan & Watkins and Raine Group handled the deal from Concord’s end. (3/26a)
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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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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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
