Stevens & Bolton LLP has advised consumer magazine and digital publisher TI Media on its sale of music brands NME and Uncut to Singapore-based BandLab Technologies.
TI Media’s 40 plus brands and market-leading portfolio spans a range of interest areas from entertainment and women’s lifestyle to luxury, sports and technology. Amongst its titles are household names such as Woman’s Weekly, Country Life, Ideal Home and Trusted Reviews.
BandLab Technologies is a collective of music brands with a vision to connect the world of music. It has established a rapidly expanding social music creation platform, and the acquisition of NME and Uncut is part of its mission to grow a major global music media business. The brands will join its media division, which includes Guitar.com and MusicTech.
The Stevens & Bolton team was led by corporate partner James Waddell, supported by James Stenning and Emily Hocken (corporate), Oliver Kidd (commercial), Kate Schmit (corporate tax), Sean Hogan (employment) and Gabrielle Holgate (pensions).
Kirsty Mulhern, TI Media’s Corporate Development Director, commented: “This is the first time TI Media has worked with S&B - we are delighted with how the process has gone and are very grateful to James Waddell and the S&B team for their advice and support”.
James Waddell