Sony Music Entertainment Expands with Acquisition of Supraphon's Catalog
Deal News | Feb 05, 2025 | CEE Legal Matters
Sony Music Entertainment (SME) has solidified its influence in Central Europe's music industry with the acquisition of Czech label Supraphon, supported by legal advisors Cerha Hempel. Supraphon's extensive catalog, comprising over 130,000 recordings, is now under Sony's vast musical empire. This strategic acquisition is expected to bolster Sony's position as a dominant player in the regional and broader European music scene. Cerha Hempel's legal advising team, led by Managing Partner Petr Kalis, played a crucial role in the negotiation and completion of this high-profile deal.
Sectors
- Music Industry
- Legal Services
Geography
- Czech Republic – The country where Supraphon is based, highlighting this as the location of the target company in the acquisition.
- Central Europe – The broader region impacted by Sony Music Entertainment's acquisition, emphasizing the strategic expansion in the music industry in this area.
Industry
- Music Industry – This industry classification is relevant as the article discusses Sony Music Entertainment's acquisition of Supraphon, a significant player in the music recording sector.
- Legal Services – This industry is involved as Cerha Hempel, a law firm, advised Sony Music Entertainment on the acquisition.
Financials
- Over 130,000 recordings – The catalog size of Supraphon acquired by Sony Music Entertainment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sony Music Entertainment | Bidding Company | Company | A global music entertainment company acquiring the Czech label Supraphon. |
| Supraphon | Target company | Company | A Czech music label known for its extensive catalog of recordings. |
| Cerha Hempel | Legal advisor | Company | A law firm advising Sony Music Entertainment on the acquisition of Supraphon. |
| Petr Kalis | Managing Partner | Person | A Managing Partner at Cerha Hempel who was involved in advising on the deal. |
| Marek Smula | Senior Associate | Person | A Senior Associate at Cerha Hempel contributing to the advisory team for the acquisition. |
| Martina Soukupova | Associate | Person | An Associate at Cerha Hempel who participated in the legal advisory for the acquisition. |