Alliance says going public will "enhance [our] ability to pursue future acquisitions, while also investing in further automation of [our] distribution facilities and upgrading [our] proprietary suite of software"
Eight of the world’s top ten-selling artists on the 2021 IFPI global charts were signed to or distributed by UMG labels, including BTS and Glastonbury 2022 headliner Billie Eilish
A 3EE "central hub of expertise" will now be established, said Warner, which will "bring together the deep knowledge and wide experience spanning the 300 and Elektra teams".