Dance Music Struts Its Stuff for Mainstream. Big Record Labels Hustle to Find Hip, Techno Partners

Article Abstract:

Dance and world music are gaining sales, which has drawn the interest of major European labels. Dance music is described as high energy, electronic music. World is a blending of regional styles. Most music of these two types were only available on small independent labels with sales of generally less than 10,000. However, with these genres selling as well as jazz, major labels are signing up talent. In some cases this means buying record labels. In other cases it means starting a new label. Either way, with support from these major companies, sales have doubled and are expected to double again.

Comment:

Major European record labels are scrambling to offer dance and world music

Sales & consumption, European Union

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Robeco will seek Europe acquisitions

Article Abstract:

Robeco NV, an investment banking services provider headquartered in Rotterdam, Netherlands, intends to pursue an acquisition-driven growth strategy in an effort to enhance its presence in the European region. The firm, which also engages in fund management, has expressed plans to concentrate its expansion efforts in Germany, Spain as well as in France, according to Isaac Martense, director of equity investments for Robeco. Martense has also expressed optimism that the expansion will allow the company to gain more institutional clients in the region.

Comment:

Is set to pursue an acquisition-driven growth strategy in an effort to enhance its presence in the European region

Strategy & planning, Investment Companies, Open-End Investment Funds, Robeco Group

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New labels get static at Polygram; acquisitions criticize management

Article Abstract:

PolyGram NV is a ranking leader in the world recording industry but it is at the bottom among major US record firms because of the poor market share of its US labels. The firm, which has $5.6 billion in revenue, is home to the likes of artists U2 and Hanson and Elton John and Luciano Pavarotti. Rivals and past officials, however, point to the management problems of US labels. They said this can be traced to Alain Levy, PolyGram's president and chief executive. Levy is said to have sour relations with officials of companies acquired by PolyGram.

Comment:

Is at the bottom among major US record firms because of the poor market share of its US labels

Marketing procedures, PolyGram NV

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