Warner/Chappell Buys Non-Stop Music
August 6, 2007 at 5:52 AM (PT)
WARNER/CHAPPELL MUSIC has acquired NON-STOP MUSIC, one of the industry's leading production music library companies. Formed by musicians in 1981, NON-STOP has built a library of more than 35,000 song titles that it licenses to film, television, Internet and corporate clients.
"We are thrilled to have this chance to expand WCM's vibrant synchronization business with this exciting acquisition," says WARNER/CHAPPELL CEO DAVE JOHNSON. "Publishing has been one of the most stable areas of the music industry in recent years and with the rapid proliferation and ubiquity of traditional and digital media, this deal is an essential part of our strategy to create a more robust revenue stream."
"This is truly one of the brightest moments in our 26-year ride in the production music library business," says co-founder of NON-STOP RANDY THORNTON. "We have been continually surprised and thrilled by the strong reception we have gotten for our library from our growing client list and look forward to being part of one of the more forward-thinking music companies in the world."