Announced

Valence Media to acquire Nielsen Music.

Synopsis

Valence Media, a media company which operates dick clark productions, Billboard-The Hollywood Reporter Media Group, MRC Film, MRC Television and MRC Non-Fiction, agreed to acquire Nielsen Music, the Billboard charts with consumption insights on sales, downloads and streams, from Nielsen, a global measurement and data analytics company. Financial terms were not disclosed. “By bringing Nielsen Music Products and Billboard back together, we’re answering the request from the music industry for a more coordinated, powerful, agile and global suite of independent measurement products. The new MRC Data division will leverage our scale and global, multimedia perspective to operate as a true accelerant for our music business colleagues and stakeholders,” Deanna Brown, Billboard-The Hollywood Reporter Media Group President.

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