Warner Music Group In Acquisition Talks With Front Line Management

Warner Music Group is in talks to acquire Front Line Management, the largest artist management firm in the US. . The concern, owned by Irving Azoff and Howard Kaufman, represents a several major artists from Aerosmith to Christina Aguilera and everything in between.

Speculation about the deal has been circulating since after the new year. New developments indicate that a deal could be inked as soon as May.

The Future: It’s imperative for the major labels to tap into profitable ancillary markets as their music sales continue to spiral down. We’ll be seeing more of these types of deals in 2007.

Author: FutureMusic

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