Glenn Peoples - Profile and Journalist Details
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Verified
Lead Analyst, Billboard
Los Angeles
Beats
personal finance minimalismFinancial independence investing mindfulness.
War, Sports, Fashion
Content
By Glenn Peoples, Kristin Robinson Verified, Ed Christman Verified, Michael Saponara Verified| Billboard Verified Believe intends to acquire the few remaining shares it does not own through a public buyout offer or “assimilation,” the company announced Wednesday (April 16). The offer will be launched by an entity named Upbeat BidCo that’s controlled by CEO Denis Ladegaillerie and private equity funds EQT and TCV. Upbeat BidCo, which owns 96.7% of Believe’s outstanding shares, will offer 15.30 euros ($17.40) per share for the remaining 3.3% of share capital.
By Marc Schneider Verified, Kristin Robinson Verified, Tyler Jenke, Glenn Peoples| Billboard Verified Warner Music Group announced on Monday (April 14) that Armin Zerza will join the company as executive vice president and chief financial officer, effective May 5, reporting to CEO Robert Kyncl. Zerza, who previously served as CFO of Activision Blizzard, brings extensive global financial, commercial and operational leadership experience. Bryan Castellani, the current executive vp and CFO, will serve until May 5 and then act as an advisor to ensure a smooth transition.
By Glenn Peoples, Kristin Robinson Verified, Ed Christman Verified, Michael Saponara Verified| Billboard Verified Believe intends to acquire the few remaining shares it does not own through a public buyout offer or “assimilation,” the company announced Wednesday (April 16). The offer will be launched by an entity named Upbeat BidCo that’s controlled by CEO Denis Ladegaillerie and private equity funds EQT and TCV. Upbeat BidCo, which owns 96.7% of Believe’s outstanding shares, will offer 15.30 euros ($17.40) per share for the remaining 3.3% of share capital.
Company Info
Billboard
Stereogum is an influential online music publication founded in 2002, known for being one of the first MP3 blogs. Based in New York, it focuses on independent and alternative music news, downloads, and videos. The publication was acquired by Billboard-The Hollywood Reporter Media Group in 2016 but returned to its founder, Scott Lapatine, in 2020, ensuring its independent status. The company employs a team of 11 to 50 people and serves a global audience of music enthusiasts, industry professionals, and artists such as Kanye West and Ben Gibbard. Stereogum is dedicated to music journalism, offering artist interviews, album reviews, and exclusive content. It has played a significant role in promoting emerging artists like Vampire Weekend, Arcade Fire, and Fleet Foxes. Additionally, Stereogum has successfully engaged in crowdfunding campaigns to support merchandise and fan-focused projects, showcasing its commitment to the music community.
New York, New York, United States
+1 212-493-4100
Founded: 2002