Private equity firm

  1. Beats Electronics Receives Reported $500 Million Investment From The Carlyle Group

    September 27, 2013 1:01 PM EDT Beats Electronics LLC (Beats), the audio brand co-founded by Dr. Dre (Andre Young) and Interscope Geffen A&M Chairman Jimmy Iovine, today announced that the Carlyle Group had agreed to make a minority investment in the company. Though terms ...

  2. Morning Fix: Mumford Mania; Apple's iPad Mini; Best Buy Buyers

    October 03, 2012 7:37 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MUMFORD & SONS' BABEL HAS 2012'S BIGGEST DEBUT, TOPS BILLBOARD 200. Mumford & Sons' sophomore release Babel had an historic first week: The British ...

  3. Warner Music Bids in With Board, Announcement Expected Friday: Sources

    May 04, 2011 7:20 AM EDT Bids for a likely $3 billion buyout of Warner Music Group are in with the company's board for review over the next couple of days, according to two people familiar with the process. Three parties are known to have put in bids for the world� ...

  4. Bids for MySpace Due by End of Week (Report)

    April 27, 2011 7:30 AM EDT News Corp. is looking for initial bids for MySpace by the end of the week and expects to announce a deal around June, the Wall Street Journal reported Tuesday afternoon. About a half-dozen suitors, including private equity firms, are in the hunt f ...

  5. Alan Tuchman, Alliance Entertainment CEO, Resigns

    April 12, 2011 3:00 PM EDT Alan Tuchman, who led Alliance Entertainment since 2003, has resigned from the CEO position and will leave the company at the end of the month. Platinum Equity and the Gores Group last September acquired the music and video wholesaler, which has a ...

  6. Warner Board to Review Bids This Week

    April 11, 2011 7:34 AM EDT Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said. Up to 10 investors have put in bids ahead of the meeting, offering a range of valuatio ...

  7. Warner Music Shares Soar On Sale Reports

    January 21, 2011 12:00 AM EST Shares of Warner Music Group surged nearly 23 percent on Friday on news that the world's No. 3 music company is up for sale. Warner Music has hired Goldman Sachs as an advisor to help with the process, a source familiar with the matter said o ...

  8. Warner Music Shares Soar On Sale Reports

    January 21, 2011 12:00 AM EST Shares of Warner Music Group surged nearly 23 percent on Friday on news that the world's No. 3 music company is up for sale . Warner Music has hired Goldman Sachs as an advisor to help with the process, a source familiar with the matter said ...

  9. Report: Warner Hires Goldman Sachs to Find Buyer (and Seller)

    January 20, 2011 12:00 AM EST Warner Music Group has hired investment bank Goldman Sachs to find a potential buyer for all or part of the company, according to a report by the New York Times' DealBook blog . Warner is said to have been approached in recent months by priva ...

  10. Blue Equity Acquires Mgmt. Company For Jackson, Carter

    February 07, 2008 12:00 AM EST Private equity firm Blue Equity, LLC is broadening its scope with the acquisition of Management Group International, a entertainment management company that represents clients like Janet Jackson and Nick Carter. Former owner of MGI, Kenneth Crear, ...

  11. 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 ...

  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 ...