Bain Capital

  1. Guggenheim Partners Nearing Deal to Buy Dick Clark Productions

    August 30, 2012 8:55 AM EDT Guggenheim Partners has entered final negotiations to acquire Dick Clark Productions for an amount that exceeds its hefty asking price, multiple sources have told The Hollywood Reporter. The deal for the storied production company behind the Golde ...

  2. Clear Channel Acquires Stake in Ryan Seacrest Productions

    January 31, 2012 8:10 AM EST Radio giant Clear Channel said Tuesday that it has acquired an unspecified minority stake in Ryan Seacrest Productions, the production company created by American Idol host Ryan Seacrest, giving it a foothold in the TV industry as it looks to push ...

  3. Bob Pittman Takes CEO Reins at Clear Channel Following IHeartRadio Concert

    October 03, 2011 8:11 AM EDT LOS ANGELES (AP) - On the heels of organizing a two-day concert in Las Vegas that kicked off Clear Channel's iHeartRadio online radio service, media veteran Bob Pittman was named Sunday as chief executive of its parent company, CC Media Holdi ...

  4. Business Matters: ScoreBig $14 Million Funding Shows Investors Still Bullish on Discounting

    April 21, 2011 7:46 PM EDT ScoreBig $14 Million Funding Shows Investors Still Bullish on Discounting -- ScoreBig has raised $14 million in second-round funding led by U.S. Venture Partners. Previous investor Bain Capital also participated in the round. This brings ScoreBig& ...

  5. This Week In Apps: Color, Nirvana and Stones, XXL, Owl City

    March 24, 2011 12:14 PM EDT Color The app-watching world spun into a tailspin late this week after former Lala founder and startup wunderkind Bill Nguyen re-emerged with a new app called Color. The chatter has less to do with the app itself and more due to the company's ...

  6. EMI And Warner Music: Destined To Be Together?

    January 28, 2011 10:05 AM EST No matter what happens to EMI or Warner Music Group (WMG), it always seems that speculation about their respective fates is intertwined with that of the other. That was true during the protracted will-they-or-won't-they merger speculation tha ...

  7. Warner Music and EMI For Sale? It Could Happen, Insiders Say

    January 21, 2011 12:00 AM EST All hell has broken loose in the music business: The Warner Music Group will be shopped while it prepares to buy EMI, should that company come up for sale, according to reports. Sources told The New York Times that the private equity firms that ow ...

  8. Warner Music and EMI For Sale? It Could Happen, Insiders Say

    January 21, 2011 12:00 AM EST All hell has broken loose in the music business: The Warner Music Group will be shopped while it prepares to buy EMI, should that company come up for sale, according to reports. Sources told The New York Times that the private equity firms that ow ...

  9. WMG Got $9 Million in Lala Deal

    January 11, 2010 12:00 AM EST Financial details of Apple's acquisition of Lala, Lala's annual revenue and insight into bonuses paid were revealed thanks to a proxy statement filed today by Warner Music Group. The proxy statement offers a few clues on Lala's acqu ...

  10. Lala Rolls Out Free Streaming Site, WMG On Board

    June 05, 2007 12:00 AM EDT Lala.com, a Silicon Valley-based digital music start-up, is launching an iPod-compatible online music service that offers free streaming song play in a bid to get customers to buy music downloads. The start-up is launching the service with Warner ...

  11. EMI Concerns Grow At Warner Music

    April 11, 2007 12:00 AM EDT Declining profits and growth at EMI Group are becoming "increasingly problematic," said a large shareholder of Warner Music Group, which is pursuing a bid to buy EMI. "We want to be very realistic about what we would be buying and w ...

  12. Sources: Clear Channel Bids Due In Coming Days

    November 10, 2006 12:00 AM EST Company declines to comment. Bids are due in the coming days for Clear Channel Communications Inc., the largest U.S. radio company, sources familiar with the situation told Reuters on Nov. 9. Clear Channel, which has about 1,150 stations, said las ...

  13. Bain, Ignition Go LaLa For Used-CD Venture

    March 07, 2006 12:00 AM EST Warner Music Group financial backer Bain Capital and Ignition Partners have invested $9 million in lala.com, a used CD and e-commerce business that is applying a Netflix-meets-MySpace concept to tradi Warner Music Group financial backer Bain Capit ...

  14. Bain, Ignition Go LaLa For Used-CD Venture

    March 07, 2006 12:00 AM EST Company pledges to donate 20% to artists. Warner Music Group financial backer Bain Capital and Ignition Partners have invested $9 million in lala.com, a used CD and e-commerce business that is applying a Netflix-meets-MySpace concept to trading se ...

  15. Cumulus, Investors Buy Susquehanna For $1.2 Billion

    October 31, 2005 12:00 AM EST Deal expected to close in the first half of 2006. With financial backing from three investment firms, Cumulus Media, radio's 11th largest radio group, is acquiring Susquehanna Radio for approximately $1.2 billion. To pull off the widely expec ...

  16. Sheridan Square To Merge With Hirsch Int. Corp.

    July 22, 2005 12:00 AM EDT Sheridan Square Entertainment and Hirsch International Corp. have signed a definitive agreement to merge, which will result in the music company shareholders owning 62% of the outstanding shares of Hi Sheridan Square Entertainment and Hirsch Inter ...

  17. AMC, Loews Cineplex Plan To Merge

    June 28, 2005 12:00 AM EDT AMC Entertainment, the second-largest U.S. theater chain, said June 21 that it will buy Loews Cineplex Entertainment in a deal that will see AMC's president/CEO Peter Brown run the combined entity. Th (The Hollywood Reporter) -- AMC Entertain ...

  18. Update: WMG Stock Ends First Day Down 3.5%

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group ended the first day of trading today (May 11) on the New York Stock Exchange down 3.5% at $16.40, following a $554.2 million initial public offering at $17 a share. Shares in Warner Music Group ended the first day of t ...

  19. Warner Music IPO Opens Below Asking Price

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group stumbled out of the gates this morning following the company’s initial public offering of 32.6 million shares at $17 a share. After opening at $16.60 the stock, which is Shares in Warner Music Group stumbled out of the ...

  20. Warner Music Trims Price Of IPO

    May 10, 2005 12:00 AM EDT Trading expected to begin Wednesday. Just hours ahead of the expected pricing of its initial public offering, Warner Music Group is reportedly trimming the price of the deal. Additionally, its investors are said to be scrapping plans to sell some ...

  21. WMG Sets IPO Price Range

    April 19, 2005 12:00 AM EDT Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. NEW YORK -- Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. The company says in a filing with the Securitie ...

  22. WMG Sets IPO Price Range

    April 18, 2005 12:00 AM EDT Shares to be set at $22-$24. Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. The company says in a filing with the SEC that it intends to offer 27.17 million shares to the public. In addition, WMG' ...

  23. WMG Eyes $581M From IPO

    April 12, 2005 12:00 AM EDT Warner Music Group says in a filing with the Securities and Exchange Commission that it expects to receive net proceeds of $581 million, after deducting expenses associated with its upcoming $750 mill NEW YORK -- Warner Music Group says in a filin ...

  24. WMG Eyes $581M From IPO

    April 08, 2005 12:00 AM EDT Most proceeds will pay debt, owners. Warner Music Group says in a filing with the Securities and Exchange Commission that it expects to receive net proceeds of $581 million after deducting expenses associated with its upcoming $750 million initial ...

  25. WMG Names Exec VP/CFO

    January 05, 2005 12:00 AM EST Warner Music Group has named Michael D. Fleisher as executive VP/CFO. Based in New York, he reports to chairman/CEO Edgar Bronfman Jr. Warner Music Group has named Michael D. Fleisher as executive VP/CFO. Based in New York, he reports to chairman/ ...

  26. The Firm Picks Up Spivak Sobol

    October 19, 2004 12:00 AM EDT Los Angeles music management company Spivak Sobol Entertainment has merged with the Firm, bringing with it such acts as Yellowcard, A Perfect Circle, Queens Of The Stone Age, Three Days Grace, Vanessa Los Angeles music management company Spivak So ...

  27. The Firm Picks Up Spivak Sobol

    October 15, 2004 12:00 AM EDT Los Angeles music management company Spivak Sobol Entertainment has merged with the Firm, bringing with it such acts as Yellowcard, A Perfect Circle, Queens Of The Stone Age, Three Days Grace, Vanessa Los Angeles music management company Spivak So ...

  28. The Firm Picks Up Spivak Sobol

    October 15, 2004 12:00 AM EDT Los Angeles music management company Spivak Sobol Entertainment has merged with the Firm, bringing with it such acts as Yellowcard, A Perfect Circle, Queens Of The Stone Age, Three Days Grace, Vanessa Los Angeles music management company Spivak So ...

  29. Helen Murphy Splits Warner Music Group

    June 03, 2004 12:00 AM EDT Helen Murphy is leaving as executive VP/CFO of Warner Music Group. Michael Ward, executive VP of Bain Capital, will serve as acting CFO while WMG conducts a search to replace her. Helen Murphy is leaving as executive VP/CFO of Warner Music Group. ...

  30. Warner Music Looks To Slash Artist Roster

    May 13, 2004 12:00 AM EDT The newly private Warner Music Group, having significantly <A HREF="http://www.billboard.com/bb/biz/newsroom/business_finance/article_display.jsp?vnu_content_id=1000450149">reduced its worldwide staff The newly private Warner Music ...

  31. Layoffs Loom As WMG Buyout Finalized

    March 01, 2004 12:00 AM EST With the ink less than 24 hours dry and the $2.6 billion wire transfer having finalized the deal this morning (March 1), the new owners of the Warner Music Group are gearing up to slash 1,000 jobs wor With the ink less than 24 hours dry and the $2 ...

  32. Bronfman's WMG Buy Expected To Close Sunday

    February 27, 2004 12:00 AM EST The sale of Warner Music Group (WMG) to an investment group led by former Seagram executive Edgar Bronfman Jr. is expected to close Sunday (Feb. 29), with funds for the $2.6 billion deal being wired t The sale of Warner Music Group (WMG) to an inv ...