Yamaha Buys Bösendorfer
Yamaha has inked a deal to purchase 100% of the shares of L. Bösendorfer Klavierfabrik GmbH, the premium piano manufacturer. With the purchase of Bösendorfer, Yamaha will expand their footprint in the premium piano market, and will benefit from the German concern’s extensive expertise in high-end piano manufacturing. Financial terms were not disclosed. More information on cutting-edge piano...
Jay-Z, aka Shawn Carter, Officially Resigns Def Jam Post
Jay-Z has officially resigned as President of Def Jam Records. Shawn Carter, the name on his birth certificate, has been President of the Universal Music Group-owned label since the beginning of 2005, but has been contimplating leaving the major for some time when his contract expired at the end of the year. He will continue recording for Roc-A-Fella/Def Jam under the Jay-Z moniker. “Now it’s time for me to take on new...
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