Without a doubt possibly one of those most devastating, yet ironically most interesting events to happen in the metal music scene this year, is the acquisition of Century Media by Sony Music Entertainment.
We all know how well Sony are doing within the music industry, having a core reach in Asia and a greater range of music than SME rivals Warner Music Group and Universal, with that in mind it was inevitable for the acquisition to take place.
Moreover since Sony would be acquiring their first ever metal music label, with the Warner Music Group already having been down that avenue with Reprise Records and Universal extending its reach to places like Finland where Spinefarm Records are part of the Universal Music Group, it is deemed to be the best move for Centrury Media.
The deal that was brokered involves part-ownership by Sony and the other half retained by founder Robert Kampf, this way they retain the label's rich history and follow the same steps as Spinefarm Records, unlike Reprise Records who are owned outright by the Warner Music Group.
We will keep you updated on future developments.
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