eOne Music has changed its name to MNRK Music Group, effective immediately.
The MNRK name (pronounced Monarch) follows Hasbro’s sale of its eOne music division to entities controlled by Blackstone for USD $385 million earlier this year.
The deal adds to a portfolio of music companies under Blackstone that also include music rights org SESAC.
Assets owned by eOne Music include the Death Row Records catalog and Dualtone Music Group, in addition to production music house Audio Network, which eOne acquired for approximately $215m in April 2019.
MNRK Music Group will now operate as a standalone consolidated music company focused on recordings, publishing, and artist management.
Chris Taylor will continue to head MNRK Music Group as its President & CEO.
Taylor has led the group since 2016 and has expanded the company’s burgeoning artist and music publishing arms.
Additionally, MNRK Music Group will continue to work closely with eOne’s television and film divisions, with several projects to be released in 2021, including soundtracks to the “My Little Pony” film and the eOne/Netflix film “The Starling,” and music from British preschool animated television series Peppa Pig.
The company will also continue to provide music supervision on numerous forthcoming film and TV projects.
“Our migration as a premium destination for music talent takes a giant step forward today with a new name and new owners that are incredibly well-resourced and as excited about the opportunity as we are.”
Chris Taylor, MNRK
MNRK Music Group;s roster includes The Lumineers, Brandy, The Game, Blueface, Juicy J, Pop Evil, Shovels and Rope, and Jonathan McReynolds; management clients Kaytranada, Lupita Infante, Powfu, Boston Bun, Lights, Arkells; and publishing on songs recorded by Mariah Carey, Celine Dionne, Cardi B and others.
MNRK Music Group has offices around the world, including New York, Los Angeles, Toronto, Nashville, Miami, London, Hamburg and Melbourne.
MNRK Music Group is celebrating the 20th anniversary of Dualtone Music Group, the 30th anniversary of Death Row Records.
Taylor said: “Our migration as a premium destination for music talent takes a giant step forward today with a new name and new owners that are incredibly well-resourced and as excited about the opportunity as we are. We are ready to fly!”
Music Business Worldwide