Audio Network Entertainment One

Indie studio entertainment one has signed a deal to acquire u k based audio network a creator and publisher of music for film tv and other entertainment content for around 215 million in cash.

Audio network entertainment one. The deal worth 215 million gives eone full ownership of the independent mus. Indie music production company audio network for 215 million. Audio network s production music catalogue has 184 320 high quality music tracks for tv film advertising and corporate video. The designated survivor studio which owns the rights to the death row records.

The content company has purchased popular u k. Eone today announces that entertainment one uk holdings ltd a wholly owned indirect subsidiary of the company has entered into a share purchase agreement to acquire 100 of the shares of audio network for an aggregate consideration of approximately 178m including cash and cash equivalents net of working capital items interest and other. Entertainment one ltd also known as eone is a canadian multinational entertainment company and a subsidiary of american toy manufacturer hasbro based in toronto ontario canada the company is primarily involved in the acquisition distribution and production of films music and television series the company was listed on the london stock exchange until it was acquired by hasbro in. Entertainment one has paid 215m to acquire audio network a british firm that handles music for use in film and tv.

Audio network is one of the world s largest independent creators and publishers of original high quality music for use in film television advertising and digital media. In addition to their expansive catalogue of over 150 000 fully owned tracks audio network new album releases continue to increase spanning all music genres. Entertainment one has entered into an agreement to acquire 100 of the shares of uk based audio network limited audio network a production music specialist and one of the world s largest independent creators and publishers of original music for use in film television advertising and digital media. Lse eto is a global independent studio that specialises in the development acquisition production financing distribution and sales of entertainment content.