The company is seeking a $600 million payday, according to sources.
Hasbro, the toy company that bought Entertainment One in 2019, has put eOne’s music operation on the block and is seeking a $600 million payday, according to sources.
eOne’s music assets include ownership of the famed Death Row Records rap catalog, Dualtone Records, Canadian label Last Gang Records, the production music operation Audio Network, a small music publishing operation and a digital indie distribution company.
Its portfolio also includes the catalogs of other labels acquired by eOne, including DRG’s Broadway soundtracks, Sheraton Square’s rock recordings, and Compendia and Light Records’ Christian/gospel music. Among those collective catalogs are recordings by Dr. Dre, the Lumineers, The Game, Ace Frehley, Black Label Society, Blueface, Brandy, Chuck Berry, En Vogue, Ghostface Killah, Guy Clark, Lil Kim, Lalah Hathaway, Pop Evil, Snoop Dogg, the Strumbellas, Wakka Flakka Flame, Solomon Burke, RZA, Bob James, Charlie Daniels and the Broadway musical actress Barbara Cook; but some of those deals were licensing deals, according to sources.