Zomba Looks For Canadian Disribution Partner-Sources
Zomba Music Group, home to pop stars Britney Spears, ‘N Sync and the Backstreet Boys, is talking with several big recording companies regarding a Canadian distribution deal for its music, sources familiar withthe company said. According to sources, Bertelsmann AG’s BMG Music was told in late March that New York-based Zomba would not renew its Canadian distribution deal, giving it six months to find a new partner. The distribution deal has provided a big boost to BMG’s market share in Canada for several years. Since Jan. 1, Zomba has also had the option to renew or sever its U.S. distribution… Read more »
