Universal Music India Acquires Majority Stake In Tm Ventures, A Leading Indian Music & Entertainment Company
Acquiring Company
Universal Music Group
Acquired Company
TM Ventures
Santa Monica
AustraliaSustainabilityMusicMusicDescription
Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced that it has acquired a majority stake in one of India's leading music and entertainment companies, TM Ventures. Together UMI and TM Ventures will work across its talent management, entertainment consultancy and live/events businesses, accelerating UMI's leadership of the domestic Indian non-film music business, and providing TM clients with the resources of UMI locally as well as UMG globally.
Quick answer
Universal Music Group is acquiring TM Ventures, announced September 28, 2022. Universal Music Group is based in Santa Monica, California, United States.
- How much did Universal Music Group pay for TM Ventures?
- The deal value was not disclosed.
- What does Universal Music Group do?
- At Universal Music Group, we exist to shape culture through the power of artistry.
- Where are Universal Music Group and TM Ventures based?
- Universal Music Group is based in Santa Monica, California, United States. TM Ventures is based in Australia.
- Who are the decision-makers at Universal Music Group?
- Fundz holds 5 contacts at Universal Music Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired TM Ventures?
TM Ventures was acquired by Universal Music Group, based in Santa Monica. The deal was reported on September 28, 2022. At Universal Music Group, we exist to shape culture through the power of artistry. Universal Music Group is privately held and operates in Sustainability.
When did Universal Music Group acquire TM Ventures?
Universal Music Group's acquisition of TM Ventures was reported on September 28, 2022. Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced that it has acquired a majority stake in one of India's leading music and entertainment companies, TM Ventures. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TM Ventures do?
TM Ventures is a consortium of family businesses, including TM Music, Entertainment Consultant, Create and Collab and Music Plus, that places precedence on developing and sustaining long-lasting relationships with everyone affiliated with the company. It is privately held, operating in Music, and is based in Australia.
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