A Som Livre, terceira maior gravadora do Brasil, continuará como um centro criativo autônomo e manterá Marcelo Soares como CEO

A Sony Music Entertainment (SME) anunciou há pouco ter assinado acordo definitivo com a Globo Comunicação e Participações S.A. para a aquisição da empresa independente de música Som Livre.
O valor da operação não foi revelado.

No ano passado, o Valor informou que a Globo havia iniciado estudos para a venda da gravadora.

A Som Livre é a terceira maior do país pelo critério de receita, atrás da Sony e Universal e à frente da Warner Music, segundo apurou …Leia mais em valor economico 01/04/2021

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SONY MUSIC ENTERTAINMENT TO ACQUIRE BRAZILIAN INDEPENDENT MUSIC COMPANY SOM LIVRE

Som Livre to Remain Stand-Alone Creative Center
Agreement Expands SME’s Investment in Brazilian Creative Community, Provides Enhanced Global Reach Opportunities for Local Artists

New York, NY – April 1, 2021– Sony Music Entertainment (SME) today announced it has entered into a definitive agreement with Globo Comunicação E Participações S.A. to acquire Brazilian independent music company Som Livre.

Home to many of Brazil’s most popular artists including Marilia Mendonça, Jorge & Mateus, Wesley Safadão, Lexa and rising stars such as Israel & Rodolffo, Dudu MC, Filipe Ret and Grupo Menos é Mais, Som Livre will become a new stand-alone creative center within Sony Music that will continue to sign, develop and market its own roster of talent and provide a wide range of label and diversified service offerings to the Brazilian music community. Marcelo Soares will remain CEO of Som Livre… Leia mais em Sony 01/04/2021

Sony Music Entertainment Announces Signing of a Definitive Agreement for the Acquisition of Brazilian Music Label Som Livre

April 1, 2021 (Eastern Standard Time) – Sony Music Entertainment (“SME”), a wholly- owned subsidiary of Sony Group Corporation (“Sony”), today announced that its subsidiary has entered into a definitive agreement with Globo Comunicação E Participações S.A., a media company in Brazil, to acquire 100% of the shares and related assets of Som Livre, an independent music label in Brazil.

The purchase price of this transaction is BRL 1.438 billion (approximately 255 million U.S. dollars*), subject to customary working capital and other adjustments. This transaction is subject to customary closing conditions, including regulatory approvals. For further details, please refer to the attached press release.

This transaction is not anticipated to have a material impact on Sony’s consolidated financial results for the fiscal year ending March 31, 2022. * Calculated based on rate of BRL 1 = 0.1775 US dollars .. Leia Mais em Sony 01/04/2021