Entertainment One (eOne) has paid $215M to acquire Audio Network, a British firm that handles music for use in film and TV.
The Designated Survivor studio, which owns the rights to the Death Row Records catalogue, has bought 100% of the UK-based firm. The deal was announced by eOne’s President and CEO Darren Throop and Global President, Music Chris Taylor alongside Audio Network’s Founder & Chairman Andrew Sunnucks and CEO Robb Smith.
The deal bolsters eOne’s position in music and gives it access to Audio Network’s relationship with more than 1,000 composers, singer songwriters and artists.
Audio Networks, which operates a number of teams across the world, will become one of eOne’s music companies but will continue to operate its existing brand. Following the deal, Sunnucks will continue to play a significant role at Audio Network, in the capacity of Chairman, and the existing executive management team under Smith will remain in place.
The Designated Survivor studio, which owns the rights to the Death Row Records catalogue, has bought 100% of the UK-based firm. The deal was announced by eOne’s President and CEO Darren Throop and Global President, Music Chris Taylor alongside Audio Network’s Founder & Chairman Andrew Sunnucks and CEO Robb Smith.
The deal bolsters eOne’s position in music and gives it access to Audio Network’s relationship with more than 1,000 composers, singer songwriters and artists.
Audio Networks, which operates a number of teams across the world, will become one of eOne’s music companies but will continue to operate its existing brand. Following the deal, Sunnucks will continue to play a significant role at Audio Network, in the capacity of Chairman, and the existing executive management team under Smith will remain in place.
- 4/11/2019
- by Peter White
- Deadline Film + TV
This morning, the European Parliament voted in favor of a contentious copyright law -- the most debated article of which, Article 13, will force large platforms like YouTube to be more stringent in their removal of copyrighted content. Significantly, though, one of the proposed provisions of that article, which would have required platforms to prescreen content for potential copyright violations, has been removed from the final form of the law.
Another hotly contested article, Article 11, has not notably changed from draft to passing. Article 11 gives news organizations the right to make search engines and news aggregators seek licenses in order to link to their news content.
Parliament will vote one final time on the law in January. (It’s expected to pass and firmly become law.) British IP lawyer Mark Owen, a partner at international law firm Taylor Wessing, tells Tubefilter that if and when the law is adopted, “We can...
Another hotly contested article, Article 11, has not notably changed from draft to passing. Article 11 gives news organizations the right to make search engines and news aggregators seek licenses in order to link to their news content.
Parliament will vote one final time on the law in January. (It’s expected to pass and firmly become law.) British IP lawyer Mark Owen, a partner at international law firm Taylor Wessing, tells Tubefilter that if and when the law is adopted, “We can...
- 9/12/2018
- by James Loke Hale
- Tubefilter.com
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