Bird & Bird advises Sony Music on investment in rap label and booking agency

06-2021

Bird & Bird LLP advised Sony Music Entertainment Germany GmbH on the acquisition of a stake in Ragucci & Boldt Holding GmbH and Ibrahim & Boldt Holding GmbH.

Ragucci & Boldt is a major player in the recording business for German rap music and offers label services and services related to artist management to German rap artists. Ibrahim & Boldt operates a concert and booking agency for German rap artists.

Through its new partnership, Sony Music’s artists will have access to expertise from Boldt’s artist support services including A&R, marketing, artist management, booking and live opportunities. Artists managed by Ronny Boldt will also have access to Sony Music’s global network and marketing, “as well as the potential for new collaborations with its global repertoire”, according to Sony.

Sony Music Entertainment Germany GmbH was advised by the following Bird & Bird lawyers: Partner Stefan Münch and associate Daniel Gloor (both lead), associate Marijana Simonova, all corporate/ M&A, partner Dr. Ralph Panzer and associate Christina Wiesel, both employment law, partner Dr. Markus Körner and associate Sören Alborn, both IP/trademark law, all Munich and partner Dr. Stephan Waldheim, antitrust law, Düsseldorf.