Century Media Reportedly Sold To Sony

(Classic Rock) Sony Music has reportedly bought German hard rock and heavy metal label Century Media, it's been reported. The label is home to artists including Paradise Lost, Periphery, Queensryche, At The Gates, Fozzy, EyeHateGod and Lacuna Coil.

Full terms of the deal have still to be made public, but Billboard reports that the industry giant paid in the region of $20million for the firm. Century Media owner Robert Kampf will become CEO of the Century group and their output will continue to be distributed by RED in the US.

Sony will handle international distribution while the German firm will now become a wholly-owned subsidiary of Sony Music Entertainment. Read more here.

Classic Rock Magazine is an official news provider for antiMusic.com.
Copyright Classic Rock Magazine- Excerpted here with permission.

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