Investment banks

  1. Dealmaker Fred Davis to Launch Boutique Investment Bank Arista Advisors, Clients Include Spotify

    April 07, 2014 8:24 AM EDT Fred Davis is setting up his own boutique investment bank -- Arista Advisors, which opened for business on April 1st and will focus on digital media, music and technology. Davis, whose father Clive is one of the legends of the music business, is a ...

  2. David Dunn, Robert Law Form Shot Tower Capital

    May 30, 2012 3:30 PM EDT Investment banker David Dunn, who is working with the estate of Michael Jackson on its role in the pending acquisition of EMI Music Publishing, has formed Shot Tower Capital, an investment banking firm providing strategic and financial advisory se ...

  3. Bono, Elevation Partners Set to Win Big From Facebook Sale

    February 02, 2012 2:44 PM EST Months after Bono finished a 3-year tour that grossed a record $736 million, the U2 singer is set to capitalize on one of the biggest stock IPOs in U.S history. Facebook Files For IPO, Hopes to Raise $5 Billion Bono is managing director and co-fou ...

  4. It's Official: Sony-Led Group Purchases EMI Music Publishing for $2.2 Billion

    November 11, 2011 6:38 PM EST It's official: An investment group led by Sony Corp. has signed a definitive purchase agreement to acquire EMI Music Publishing for $2.2 billion from Citigroup. In addition to Sony Corp. of America, the investment group is comprised of the es ...

  5. Warner Music $3 Billion Buyout Could be Done this Week: Source

    May 02, 2011 7:13 AM EDT Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter. The third round of bids is led by two competing fi ...

  6. Is Terra Firma's Investment in EMI The Biggest-Ever Private Equity Loss?

    February 07, 2011 2:36 PM EST Terra Firma's £1.7 billion (US $2.7 billion) loss on its investment in EMI could be a private equity record, according to research by Private Equity News and Dealogic reported in Financial News . The article reads: "Forstmann Little wrot ...

  7. Now That Citigroup Has Taken Over EMI, What's Next?

    February 01, 2011 4:26 PM EST Citigroup's earlier-than-expected takeover of EMI Group and its recapitalization of the company's balance sheet effectively presses the fast-forward button on a resolution of the major label group's fate. The bank had been widely ex ...

  8. Pandora, Groupon to Go Public Soon, Sources Say

    January 14, 2011 12:00 AM EST Internet radio company Pandora and online coupon site Groupo nare moving ahead with plans for initial public offerings, sources familiar with the matter told Reuters. Chicago-based Groupon is meeting with bankers to explore prospects for an " ...

  9. Report: Facebook will disclose financials in '12

    January 06, 2011 12:00 AM EST Facebook will be forced by law to start coughing up details of its financial performance or go public by April 2012, according to a published report. The Wall Street Journal reported Thursday that privately held Facebook Inc. plans to cross the 50 ...

  10. E1 Obtains $150M Revolving Credit Facility

    September 26, 2008 12:00 AM EDT Amidst the highly publicized credit crunch, Entertainment One has obtained a four-year, $150 million revolving credit facility from a consortium of banks led by JP Morgan. Participating banks also include Bank of America, Barclays and Toronto Domi ...

  11. Brown Beefs Up Slicethepie Exec Team

    June 16, 2008 12:00 AM EDT Slicethepie has recruited Pandora Media managing director Paul Brown to drive the U.K.-based Web A&R-platform's business development and commercial partnerships. Brown, who joins the Slicethepie board as commercial director, will combine ...

  12. Horowitz Joins Primary Wave

    April 28, 2008 12:00 AM EDT Robert Horowitz has joined Primary Wave Music Publishing as COO/head of business development. He was a director at Credit Suisse where he was the architect of Primary Wave's capital structure. Horowitz will oversee the company's business ...

  13. Guitar Center To Be Bought For $2.1 Billion

    June 27, 2007 12:00 AM EDT Guitar Center Inc. has agreed to be acquired by private equity firm Bain Capital Partners LLC for about $1.9 billion plus assumed debt. Total value of the transaction, expected to close in the fourth quarter, is approximately $2.1 billion includin ...

  14. EMI Confirms Approach

    November 28, 2006 12:00 AM EST EMI Group plc is the target of a takeover. The British music major confirmed in a statement to the London Stock Exchange today (Nov. 28) that it has "received a preliminary approach for the company which may or may not lead to an offer being ...

  15. EMI Confirms Approach

    November 28, 2006 12:00 AM EST Stock soars more than 10%. EMI Group plc is the target of a takeover. The British music major confirmed in a statement to the London Stock Exchange today (Nov. 28) that it has "received a preliminary approach for the company which may or may ...

  16. 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 ...

  17. Clear Channel Hires Goldman, Sachs

    October 26, 2006 12:00 AM EDT In a move that could bust up the nation's largest radio group, Clear Channel revealed late Wednesday (Oct. 25) it had retained Goldman, Sachs & Co. to "evaluate various strategic alternatives to e In a move that could bust up the ...

  18. Napster Explores Sale Of Company

    September 18, 2006 12:00 AM EDT Has hired investment banking firm UBS. Has hired investment banking firm UBS. News ...

  19. Sanctuary Says Results On Target

    April 28, 2006 12:00 AM EDT Earlier financial accounts to be restated. Sanctuary Group plc today (April 28) admitted it would restate previous financial accounts but said that expectations for its underlying business remained on track. Underlying current trading remains &quo ...

  20. Tower Records Up For Sale

    February 23, 2006 12:00 AM EST Tower Records, the U.S. record industry’s most famous retail brand, is on the block once again. The investment banking firm of Houlihan Lokey Howard & Zukin has been hired to shop the 90-unit, W Tower Records, the U.S. record industry’s mo ...

  21. Morgan Stanley Cuts EMI Rating

    October 26, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. (Reuters) -- Investment bank Morgan Stanley has cut its rating for ...

  22. Morgan Stanley Cuts EMI Rating

    October 21, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. Investment bank Morgan Stanley has cut its rating for EMI Group pl ...

  23. Morgan Stanley Cuts EMI Rating

    October 21, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. Investment bank Morgan Stanley has cut its rating for EMI Group pl ...

  24. Sanctuary Hires Credit Suisse First Boston

    May 04, 2004 12:00 AM EDT London-based independent music company Sanctuary Group plc has hired investment bank Credit Suisse First Boston (CSFB) as its broker and corporate adviser. London-based independent music company Sanctuary Group plc has hired investment bank Credit ...

  25. Sanctuary Hires Credit Suisse First Boston

    May 04, 2004 12:00 AM EDT London-based independent music company Sanctuary Group plc has hired investment bank Credit Suisse First Boston (CSFB) as its broker and corporate adviser. London-based independent music company Sanctuary Group plc has hired investment bank Credit ...

  26. Biz Analyst Dixon Joins Gabelli

    April 06, 2004 12:00 AM EDT Industry veteran was managing director for UBS. Industry veteran was managing director for UBS. News ...

  27. Biz Analyst Dixon Joins Gabelli

    April 06, 2004 12:00 AM EDT Music-industry analyst Christopher Dixon has joined privately owned investment group Gabelli Group Capital Partners (GGCP) as managing director. Music-industry analyst Christopher Dixon has joined privately owned investment group Gabelli Group Cap ...

  28. UBS Upgrades EMI Rating

    February 24, 2004 12:00 AM EST Investment bank UBS on Tuesday upgraded its rating on EMI Group plc on the prospect of a recovery for the recorded music industry. UBS bumped up its price target on EMI Group plc to 347p from 261p. St Investment bank UBS today (Feb. 24) upgraded i ...