Finland’s leading urban music festival, Blockfest, has been acquired by Live Nation Finland following years of collaboration with the festival.
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After collaborating on several sold-out arena shows, Rähinä Live and Fullsteam Agency have joined forces, with Rähinä's Mika Sorola and Sami Siilin joining Fullsteam
By Jon Chapple on 07 Jul 2017
Helsinki-based promotion/booking outfit Fullsteam Agency has acquired Rähinä Live, whose roster includes some of Finland’s biggest hip-hop and pop artists.
Established in 2011 by agent Mika Sorola and Rähinä Records, Finland’s biggest indie hip-hop label, Rähinä Live now turns over €3 million annually across more than 600 shows. As part of the deal, whose terms were not disclosed, Sorola and Rähinä agent Sami Siilin joined Fullsteam on 1 June.
The two companies have worked together on several shows in the past, including sold-out dates at the Hartwell Arena in Helsinki by rappers Profeetat and Elastinen.
“Domestic artists have always been an important part of Fullsteam’s business, and the acquisition of Rähinä Live makes us even stronger”
Heidi Aho, managing director of Fullsteam Agency, says the acquisition puts the company – a subsidiary of Germany’s FKP Scorpio, itself majority owned by CTS Eventim – in an “even stronger” position domestically.
“Domestic artists have always been an important part of Fullsteam’s business, and the acquisition of Rähinä Live makes us even stronger,” Aho (pictured) comments. “Mika and Sami are a fantastic addition to our amazing team.”
Sorola adds: “We’ve worked very well together with Fullsteam for a long time, and in the future we’ll be able to work even more efficiently and create a great future for our artists.”
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