The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Media > Music Production & Publishing > edel music AG

edel music AG
 PROFILE
edel music is trying to tune in music lovers in Europe and the US. The firm is one of the largest independent music companies in the world, with more than 90 subsidiaries and partnerships in 15 countries. It owns or has investments in several labels and distribution companies, including 45 music (Germany, 75%), Mega Records (Denmark), and Playground Music (38%, Sweden). It also has stakes in Play It Again Sam (Belgium, 75%), Eagle Rock Entertainment (UK, 54%), and RED Distribution (US, 80%). In addition, edel music has CD manufacturing operations, a music publishing business, and marketing and promotional subsidiaries. CEO Michael Haentjes, who founded edel music in 1986, owns 72% of the company.

 COMPETITION
BMG Entertainment (dossier)
EMI Group plc (EMI)
Universal Music Group (dossier)

 DEALS
Deal: Napster Teams with Edel Music
Date Announced: 01.02.01
Value of transaction (US $Mil): 0
Description: Online music sharing community signs deal to license independent music label's music library.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 569.60
1-Yr. Sales Growth: 26.3%
Employees: 1,548
Revenue per employee: $367,958.66

 KEY PEOPLE
• Michael Haentjes
    CEO
• Andre Finkenwirth
    CFO

 CONTACT INFO
Wichmannstr. 4, Haus 2
22607 Hamburg, Germany
Phone: 49-40-890-85-0
Fax: 49-40-890-85-310
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001