Confirmed: Warner buys majority stake in Tempo (just as MBW told you it would). - Music Business Worldwide

Confirmed: Warner buys majority stake in Tempo (just as MBW told you it would).

Warner Music Group has today (February 6) confirmed that it has acquired a controlling stake in Tempo Music Investments aka Tempo Music. Tempo’s previous owner, Providence Equity Partners, holds on to a minority stake in Tempo as part of the deal. MBW first told you about the Warner acquisition last month. The final deal is … Continue reading Confirmed: Warner buys majority stake in Tempo (just as MBW told you it would).