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Avex acquires 85% stake in S10 Entertainment
Original: Avex acquires 85% of S10 Entertainment
Japanese entertainment company Avex has acquired an 85% stake in S10 Entertainment, a music and talent management firm. The move gives Avex majority control of the company and signals continued expansion of its international music business. Details on the deal's value and S10's roster have not been disclosed.
Why now: The acquisition of a majority stake is a significant consolidation move in the entertainment industry that industry watchers are following.
Evidence
- Avex acquires 85% of S10 Entertainment · Music Wee
API: https://socialmediatrends-api.osmike.com/v1/trends/366609