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The Deals: Sony Masterworks Buys Majority Stake in Black Sky; Secretly to Distribute John Prine’s Oh Boy Records
Sony Music Masterworks buys a majority stake in Black Sky Creative and more music deals involving John Prine's Oh Boy Records, Spotify and more.
Sony Music Masterworks acquired a majority stake in Black Sky Creative, a company that produces immersive entertainment, experiential retail and live experiences for IP and brands. The label also announced part of its leadership team, with Baros (a managing partner at Exceleration Music) and Schulman acting as Audio Chateau’s first appointed board members. Synchtank, which provides asset, rights and royalty software for the music business, struck a partnership with AI-based stem separation and lyric transcription company AudioShake.
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