First Access Entertainment will absorb the management activities of Stennett’s Turnfirst Artists.
And in a new twist to the management game, future artists signed and developed by First Access Entertainment will be distributed or released through Warner Music Group.
British exec Stennett leaves behind her role as CEO of Turnfirst Artists, but holds onto its roster.
Turnfirst has been instrumental in developing, launching and managing the careers of artists such as Ellie Goulding, Rita Ora, Iggy Azalea, Jessie J and the hotly tipped for 2016 multi-instrumentalist Jack Garratt.
Stennett has also been appointed by Zayn Malik to manage his solo career following his departure from the group One Direction. She recently signed him to Sony‘s RCA.
“I am thrilled to partner with access industries and look forward to leveraging our synergies to benefit new and existing talent.”
First Access Entertainment says it ‘will operate at the forefront of new entertainment-business models’.
It says it will ‘focus on talent development and representation, brand development and representation, recording artists and songwriters, and rights exploitation, across the music, entertainment, and fashion industries’.
“Len Blavatnik has a unique, visionary perspective on the future of the music industry and has built an extensive portfolio of companies at the forefront of music, entertainment, fashion and culture,” said Sarah Stennett.
“I am thrilled to partner with Access Industries and look forward to leveraging the synergies across our respective businesses to benefit new and existing talent.”
“I look forward to collaborating with Sarah and her team,” said Len Blavatnik, founder and chairman of Access Industries.
“Sarah has successfully launched the careers of many renowned artists and brings extensive experience in talent discovery and artistic management.”
Stennett was recently been awarded a visiting fellowship at the University of Westminster, London.Music Business Worldwide