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UMG Acquires Indie Label Group PIAS

Discussion in 'Article Discussion' started by Melody Bot, Oct 15, 2024.

  1. Melody Bot Oct 15, 2024
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Billboard:

    In an announcement on Tuesday (Oct. 15), Kenny Gates said he and his [PIAS] co-founder Michel Lambot were selling their shares to UMG, which acquired a 49% stake in the company in 2022, to “allow us to offer a truly global distribution and services platform to the independent music community.”

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