Earl Street Capital Buys Independent Label & Distributor Koch
Now pay attention, because this gets confusing with all the different names… Entertainment One, the concern that owns Independent label and distributor Koch, is being bought out by the UK’s Marwyn Investment Management under the moniker Earl Street Capital Ltd. Earl Street has entered into a conditional agreement to buy all of Entertainment One for $167 million including an estimated debt of $58.6 million. Entertainment...
London, UK Offices Target Of MTV, Int’l Revamp
The London, UK offices of MTV Int’l has been restructured with 250 employees getting the axe — 8% of the workforce. MTV Networks Int’l, the music channel’s biggest market outside the U.S., will be merging some of its international functions with MTV Networks U.K. while other parts will relocate to the U.S. In other developments, part of the company’s emerging markets Europe/Middle East group will move to...
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