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Virgin Music Group Acquires Saban Music Latin

PRIVATEJan 04, 2024

Acquiring Company

Virgin Music Group

Acquired Company

Saban Music Latin

Beverly HillsLos AngelesMusicMusic

Description

Virgin Music Group (VMG), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced the acquisition of Saban Music Latin. Under the terms of the transaction, Virgin Music Group will acquire Saban Music Latin's catalogue and Virgin Music Group will release future albums by selected Saban Music Latin's artists.

Quick answer

Virgin Music Group is acquiring Saban Music Latin, announced January 4, 2024. Virgin Music Group is based in Beverly Hills, California, United States.

How much did Virgin Music Group pay for Saban Music Latin?
The deal value was not disclosed.
What does Virgin Music Group do?
Virgin Music Group is the world's leading partner to independent music companies and artists who require a standalone team with global infrastructure and local expertise in every major music market around the world.
Where are Virgin Music Group and Saban Music Latin based?
Virgin Music Group is based in Beverly Hills, California, United States. Saban Music Latin is based in Los Angeles, California, United States.
Who are the decision-makers at Virgin Music Group?
Fundz holds 2 contacts at Virgin Music Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Virgin Music Group

Location

Beverly Hills, California, United States

About

Virgin Music Group is the world's leading partner to independent music companies and artists who require a standalone team with global infrastructure and local expertise in every major music market around the world. Virgin Music Group offers compelling, efficient, and highly flexible global solutions with the most advanced marketing technology available for independent record labels and artists who want to succeed. www.virginmusic.com

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Frequently asked

Who acquired Saban Music Latin?

Saban Music Latin was acquired by Virgin Music Group, based in Beverly Hills. The deal was reported on January 4, 2024. Virgin Music Group is the world's leading partner to independent music companies and artists who require a standalone team with global infrastructure and local expertise in every major music market around the world. Virgin Music Group is privately held and operates in Music.

When did Virgin Music Group acquire Saban Music Latin?

Virgin Music Group's acquisition of Saban Music Latin was reported on January 4, 2024. Virgin Music Group (VMG), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced the acquisition of Saban Music Latin. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Saban Music Latin do?

Saban Music Latin (SML) is a global music entertainment company founded in 2019 by Haim Saban, a worldwide pioneer and leader in the entertainment industry and Chairman and CEO of Saban Capital Group. It is privately held, operating in Music, and is based in Los Angeles.

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