Avex Inc. ( (JP:7860) ) just unveiled an update.
Avex Inc. has announced the acquisition of additional equity interest in S10 Entertainment & Media LLC, making it a consolidated subsidiary. This move is aimed at leveraging S10’s global management resources to expand opportunities for Avex’s artists in international markets, thus accelerating the global expansion of Japanese-originated IP. Additionally, Avex is reorganizing its US operations by appointing S10’s CEO, Brandon Silverstein, as the CEO of Avex Music Group LLC to enhance its US music business and drive growth in the global music industry.
More about Avex Inc.
Avex Inc. operates in the music industry, focusing on music publishing, music labels, and corporate venture capital businesses. The company has a strategic interest in artist management, particularly in North America, through its subsidiary Avex USA Inc.
YTD Price Performance: -5.88%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €368.6M
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