Business Services Industry
Warner Music Australasia acquires Festival Mushroom Records.
Australasian Business Intelligence, October, 2005
Oct 23, 2005 (Mediaweek - ABIX via COMTEX) -- Warner Music Australasia has bought Australian record label Festival Mushroom Records (FMR). Announced on 20 October 2005, the newly enlarged entity will be Australia's biggest domestic music distributor, according to Warner Music Australasia president and CEO, Ed St John. Artists under the new distributor will include Kylie Minogue, Olivia Newton-John, Hillary Duff, Jesse
McCartney, Gerling, Eskimo Joe, Machine Gun Fellatio, Paul Kelly (all from FMR) plus Thirsty Merc, Evermore, The Whitlams, Cold Chisel and many more. FMR was owned by News Limited and formed through the integration of Festival Records, Mushroom Records and...
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