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On April 7, 2025, All Things Considered Group plc announced the acquisition of a 75% majority interest in Easy Life Entertainment Limited, a music management and record label company. The net acquisition consideration was £0.75 million in cash, after netting off an approximate £0.28 million post-completion dividend due to ATC. Easy Life Entertainment, which reported annual revenue of approximately £0.51 million and EBITDA of approximately £0.24 million for the year ended March 31, 2024, also adds over 300 music masters and 11 artists to the Group.
| Date | 7 Apr 2025 |
| Time | 07:00:10 |
| Category | Miscellaneous |
| ID | 8189D |
7 April 2025
All Things Considered Group plc
("ATC", the "Company" or the "Group")
Acquisition of music management and record label company,
Easy Life Entertainment
The Board of All Things Considered Group plc (AQSE: ATC), the independent music company housing talent management, live booking, merchandising, talent services and events, is pleased to announce the acquisition of a majority interest (75%) in Easy Life Entertainment Limited ("Easy Life Entertainment"), a music management and record label company (the "Acquisition").
Highlights
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Acquisition provides additional scale and manager talent in core Artist Representation segment. |
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Drives music rights ownership with record label bringing over 300 masters, giving the Group a broader foundation from which to build further IP. |
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Expands artist management roster by 11, creating further opportunities for cross-selling within the Group. |
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Extends music promotions portfolio, introducing new revenue streams and increasing the Group's ability to provide end-to-end support for artists. |
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Net Acquisition consideration of £0.75m in cash, after netting off a post-completion dividend due to ATC of approximately £0.28m. |
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Annual revenue of c.£0.51m and EBITDA of c.£0.24m for year to 31 March 2024. |
Background and rationale
Spearheaded by Jamie Osman, a renowned music manager and record label owner, Easy Life Entertainment consists of Real Life Management, Easy Life Records and Turn the Page PR. Founded in 2014, the business has grown steadily, establishing itself as a leading independent record label in the UK's music scene.
With an established music catalogue built up over 10 years, Easy Life Entertainment enjoys a long-term revenue stream with consistent returns, generated from its music rights royalties. The Acquisition also brings new opportunities to cross-sell additional integrated services across an enlarged customer base, such as representation, live events, and merchandising, further enhancing long-term value for the business.
Adam Driscoll, CEO of ATC, commented: "We are excited to welcome Easy Life Entertainment to the Group. Jamie is well respected in the industry and brings considerable experience and an extensive network of client and industry relationships. The Acquisition adds a meaningful revenue stream to the business through predictable, recurring music royalty income. In addition, by expanding our service offering, we have strengthened our ability to support artists at every stage of their careers, further solidifying our position as a fully integrated music company."
Contacts:
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ATC Group Adam Driscoll, CEO Deborah Lovegrove, CFO
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Via Alma |
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Allenby Capital Limited - AQSE Corporate Adviser and Broker Jeremy Porter/Piers Shimwell/Ashur Joseph - Corporate Finance Matt Butlin - Equity Sales & Corporate Broking
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+44(0)20 3328 5656 |
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Alma Strategic Communications - Financial PR Hilary Buchanan/Justine James/Will Merison |
+44(0)20 3405 0205 |
Notes to Editors
ATC Group is an independent music business company operating internationally with strong business focus in the key commercial areas of music artist's business. The Group encompasses direct artist representation in the form of management and live representation, merchandising, music promotion, livestreaming and a range of other music services. The Group is headquartered in London, with offices in the key industry hubs of Los Angeles and New York, and also in Europe.
The Group's key businesses are structured into segments that reflect the growing range of the Group's activities:
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Artist Representation - artist management and live representation (ATC Management, Raw Power Management, ATC Live) |
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Services - merchandise, direct to consumer, PR and promotion, and livestreaming (Sandbag, Circa, Driift) |
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Live Events and Experiences - venue ownership, production and promotion of live events (ATC Experience, Joy Entertainment Group) |
For more information see: www.atcgroupplc.com