Century Media Reportedly Sold To Sony: Queensryche News
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.
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