Holding company Proper Music Group goes into administration; trading companies will no longer be affiliated with Proper Group AG (formerly Utopia Music)
Warner Music Group has today (February 6) confirmed that it has acquired a controlling stake in Tempo Music Investments aka Tempo Music. Tempo’s previous owner, Providence Equity Partners, holds on to a minority stake in Tempo as part of the deal. MBW first told you about the Warner acquisition last month. The final deal is … Continued