TITLE

With investors' cash, edel plots further expansion

AUTHOR(S)
Pride, Dominic
PUB. DATE
September 1999
SOURCE
Billboard;09/18/99, Vol. 111 Issue 38, p72
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the international expansion plans of independent music label edel Co., which launched its second stock offering on the German Neuer Markt in Hamburg, Germany. Use of proceeds of the first flotation to fund a spate of acquisitions; Intention to make additional acquisitions in the British and American markets; Recording acts that the company has successfully established in Germany.
ACCESSION #
2294518

 

Related Articles

  • Edel Plans To Be Global Player. Spahr, Wolfgang // Billboard;04/15/2000, Vol. 112 Issue 16, p8 

    Reports on Hamburg, Germany-based edel Music AG's goal of becoming a major player in the international music industry in the year 2000. Projected revenues for the period; Acquisitions of stakes from major music recording companies; Focus of its growth and acquisition strategy; Reduction of its...

  • Roster development key for Edel in 2003. Williams, Paul // Music Week;2/22/2003, Issue 7, p2 

    Reports the plan of record company Edel Co. to concentrate on developing its roster in 2001.

  • Napster finds 2nd German friend: Edel. Oppelaar, Justin // Daily Variety;01/03/2001, Vol. 270 Issue 22, p6 

    Reports on Internet music company Napster's business deal with Germany-based music record company Edel Music as of January 3, 2001. Terms of the business agreement; Company background.

  • Edel does 2nd stock offering. Spahr, Wolfgang; Pride, Dominic // Billboard;09/18/99, Vol. 111 Issue 38, p72 

    Reports on the results of edel Music Stores' second stock offering, held September 8, 1999, on the German Neuer Markt in Hamburg, Germany. Amount raised by the transaction; Share price on the first day's trading; Intention by the company to press ahead with its plans for acquisition targets in...

  • International: Newsline... Birnkraut, Gesa; Sexton, Paul; Lofthus, Kai R.; Dezzani, Mark; Ferguson, Tom; Lungquist, Anders; White, Adam // Billboard;04/03/99, Vol. 111 Issue 14, p57 

    Presents news relating to the sound recording industry around the world for the week ending April 3, 1999. Finances of the Hamburg, Germany-based independent record company edel AG for 1998; Money raised for the Nordoff Robbins Music Therapy and Norwood Ravenswood children's charities by the...

  • German indie edel hears call of Liquid Audio. Conniff, Tamara // Hollywood Reporter -- International Edition;05/30/2000, Vol. 363 Issue 13, p85 

    Reports that Hamburg, Germany-based music company edel music AG has signed a deal with Liquid Audio Inc. for the distribution of its music through the Internet. Use of Liquid as a preferred digital service provider; Licensing and cross-promotion alliance with News Corp. Music Group; Plan to...

  • Germany's Edel Music Shakes Off Debt Burden. Spahr, Wolfgang // Billboard;3/9/2002, Vol. 114 Issue 10, p43 

    Reports on the ways that Germany's Edel Music AG has freed itself from its debt burden. The combination of selling off and closing down subsidiaries; Drastic cost-cutting; Negotiation of bank debt; Restructuring of subsidiaries; Comments from Michael Haentjes, chairman and chief executive...

  • Edel Buys Finland's K-tel, Finishes Nordic Picture. Lofthus, Kai R. // Billboard;10/02/99, Vol. 111 Issue 40, p81 

    Reports on Edel Music's acquisition of the K-tel International Inc. subsidiary in Finland in an effort to establish its presence in the Nordic region.

  • Sweden, Norway Closings Signal Continuing Edel Makeover. Lofthus, Kai R. // Billboard;2/16/2002, Vol. 114 Issue 7, p39 

    Reports on restructuring within Edel Music affiliates in Sweden and Norway. Efforts of the company to focus on artist and repertoire and product development; Closure of these affiliates; Dismissal of employees at these affiliates.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics