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New Deal


Announced

Completed

Sony Music completed the acquisition of Somethin’ Else.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

television production

Single Bidder

Entertainment

United Kingdom

Private

Acquisition

Cross Border

radio

Completed

Synopsis

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Sony Music Entertainment, a music record label, completed its acquisition of Somethin’ Else, a radio and television production company. Financial terms were not disclosed. “Expanding our relationship with Somethin’ Else brings their best-in-class capabilities and production expertise fully into the Sony Music family. Our new global podcast division is key to our plans for a fast-paced expansion in the market, diversifying our creative abilities and providing a home for exciting content that will benefit millions of podcast-lovers around the world," Dennis Kooker, Sony Music President of global digital business and US sales.

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