eOne moves into live entertainment with Round Room buy
Multinational entertainment company Entertainment One (eOne), whose portfolio includes TV, film production and distribution, artist management and recorded music/publishing divisions, has added live entertainment production to its product offering with the acquisition of New York-based Round Room Entertainment.
Round Room, which focuses on live entertainment for family content and special events, has worked on tours by the Rolling Stones, Barbra Streisand and Oprah Winfrey, as well as Broadway productions including Spider-Man: Turn Off the Dark and Rock of Ages.
The acquisition follows the two companies’ successful collaboration on the PJ Masks Live tour, based on eOne’s animated children’s programme PJ Masks and produced by Round Room, which completed its initial run of US dates in late 2017, selling more than 150,000 tickets. The tour continues in 2018 with dates in Australia and the US.
The company will continue to be led by co-presidents Stephen Shaw and Jonathan Linden, who formerly worked under Michael Cohl at Concert Productions International, Live Nation and S2BN Entertainment. Both will report to Chris Taylor, eOne’s head of music.
“We look forward to working closely with Chris and his team to connect his extensive roster of artists with countless fans around the world”
“Across all areas of music, we work with so many spokes on the wheel, and live entertainment is such an important one,” says Taylor. Adding Round Room to our team, with Stephen and Jonathan at the helm, is going to provide the capacity to expand the reach of our brands, touch more fans on a global scale and further elevate our management roster.”
“We are very excited to join eOne and become a part of their global family while continuing to grow our core roster,” adds Shaw. “This is a very strategic move for both sides, and we look forward to working closely with Chris and his team to connect his extensive roster of artists with countless fans around the world.”
Entertainment One’s music roster, which comprises its record labels, a management operation and a distribution arm, includes CKY, BadBadNotGood, Death from Above 1979, the Game, Ghostface Killah, Snoop Dogg, Black Label Society, the Lumineers and Waka Flocka Flame. Across all divisions, the company turned over nearly US$1.1bn in 2017.
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