Diamond Music Group & TBG Entertainment To Merge
August 24, 2009 at 6:49 AM (PT)
DIAMOND MUSIC GROUP and TBG ENTERTAINMENT have announced they will merge their businesses into a joint venture. Each company will maintain their own artist roster, while sharing the responsibilities of a select group of artists from both labels.
TBG ENTERTAINMENT has music and video divisions, with an artist roster that includes Country artists GARY HELMS and DAVE PENDERGRAFT. DIAMOND MUSIC GROUP helped launch the career of Country artist TODD FRITSCH before they parted ways in 2008.
No layoffs are expected at either company as the transition takes effect.