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| Date | 10 May 2022 |
| Time | 17:50:44 |
| Category | Miscellaneous |
| ID | 0117L |
10 May 2022
All Things Considered Group Plc
("ATC", the "Company" or the "Group")
Re: Minority Investment
Further to its announcement of 7 April 2022, All Things Considered Group Plc (AQSE: ATC), an independent music company housing talent management, live booking, livestreaming and talent services, notes the announcement made today by Hivemind and Algorand (reproduced below) regarding the acquisition of Napster. ATC holds a minority stake in the vehicle which has made the Napster acquisition. ATC will provide further updates in relation to the investment as appropriate.
"Hivemind and Algorand today announced the acquisition of Napster, to once again revolutionize the music industry by bringing blockchain and Web3 to artists and fans. The investor consortium also includes ATC Management, BH Digital, G20 Ventures and others. Music industry veteran Emmy Lovell has been named interim CEO. Stay tuned for further details."
For more information, please contact:
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ATC Group |
Via Alma PR |
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Adam Driscoll, CEO |
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Rameses Villanueva, CFO |
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Canaccord Genuity |
+44(0)20 7523 8000 |
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Aquis Corporate Adviser and Broker |
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Adam James / Georgina McCooke / Patrick Dolaghan
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Alma PR |
+44(0)20 3405 0205 |
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Financial PR |
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Hilary Buchanan / Susie Hudson / Lily Soares Smith |
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Notes to Editors
ATC Group is a prominent independent music company offering live rights, live agency, production, artist management and investment and a range of other music artist services. ATC Group is the only independently-owned company in the industry housing talent management, live booking, livestreaming and talent services within the same group.
The Company has an established, long-standing client base with over 50 artists on its management roster and over 400 acts on the live roster. One of its livestreaming offerings, Driift, has delivered shows with Niall Horan, Andrea Bocelli, Kylie, Johnny Marr, The Smile and others, selling over 500,000 tickets across 171 countries since being established in June 2020.
The Group's five key divisions are:
· ATC Management: artist management;
· ATC Live: live event booking agency for artists;
· Livestreaming: through Driift, a global livestreaming business and Flymachine, a livestreaming platform;
· ATC Services;
· Polyphonic; an artist partnerships venture
The Group is headquartered in London, with offices in Los Angeles, New York and Copenhagen and is led by an experienced management team who have operated across multiple music industry sectors.
For more information see: www.atcgroupplc.com