MNRK Music Group – Wikipedia

independent record pronounce in the United States
MNRK Music Group ( once known as Koch Records and eOne Music ) is a New York City-based independent phonograph record label and music management company. It was formed in 2009 from the music assets of Koch Entertainment, which had been acquired by the contemporary Entertainment One ( eOne ) in 2005. In April 2021, after the acquisition of eOne by Hasbro, the ship’s company announced that it would sell eOne Music to The Blackstone Group. It owns the libraries of Artemis Records, Dualtone Records, Death Row Records, and last Gang Records, adenine well as the production music company Audio Network and live events caller Round Room Entertainment. In September 2021, eOne Music was rebranded as MNRK Music Group. [ 3 ]

history [edit ]

eOne as a whole has its origins in the music distributor Records on Wheels, which was acquired by the canadian retail chain cadmium Plus in 2001 to expand its wholesale business. [ 4 ] Darren Throop joined the party after compact disk Plus acquired his record storehouse chain Urban Sound Exchange. The combined party by and by became known as ROW Entertainment, with Throop as president and CEO. [ 5 ] [ 6 ] In June 2005, ROW acquired the american english independent music distributor and home entertainment publisher Koch Entertainment, including its label Koch Records. [ 7 ] [ 6 ] Koch was renamed E1 Music in 2009. [ 8 ] It acquired IndieBlu Music, parent of Artemis Records and V2 Records North America, in 2010. [ 9 ] In 2013, eOne acquired the library of defunct hip-hop label Death Row Records. [ 10 ] In January 2016, eOne acquired Dualtone Records. [ 11 ] In March 2016, eOne acquired Canadian label last Gang Records, and hired its founder, music diligence lawyer Chris Taylor, as global president of eOne Music. [ 1 ] [ 10 ] In 2016, eOne acquired the management firms Hardlivings and Nerve Artist Management. [ 12 ] [ 13 ] In November 2016, eOne Music hired Ted May, the former aged external commercialize do of Universal Music UK, as director for its UK division, operating from eOne ‘s offices in London. [ 14 ] In March 2018, eOne Music acquired the populate consequence production company Round Room Entertainment. [ 15 ]

In April 2019 eOne purchased the british music production library Audio Network for $ 215 million. [ 16 ] [ 17 ] In 2019, Amelia Artists partnered with eOne ‘s management division. [ 18 ] later in 2019, eOne partnered with the Latin management and marketing group Entotal. [ 19 ] In November 2020, it signed AMPED Distribution as its new physical distributor in North America. [ 20 ] In April 2021, following the learning of its rear company by plaything and entertainment company Hasbro, [ 21 ] eOne announced that it would divest its music business to the private equity firm The Blackstone Group for $ 385 million, in orderliness to focus more on its movie and television receiver entertainment businesses. [ 22 ] The sale was completed in June, and the whole continued to use the eOne brand until September 2021. [ 2 ]

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Category : music

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