Petalstone Group: Difference between revisions

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Petalstone Group (view source)

Revision as of 21:54, 25 July 2023

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|Principal Executive of [[Petalstone Electronics]]
|Principal Executive of [[Petalstone Electronics]]
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|Juvenlius Ubilia
|Sorio Dianvecco
|Principal Executive of Petalstone Music Entertainment
|Principal Executive of [[Petalstone Music|Petalstone Music Entertainment]]
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|-
|Isatus Ossonia
|Isatus Ossonia
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Petalstone Music Entertainment Inc'''.''' is the music entertainment business unit of Petalstone. It is one of the largest global recorded music companies and one of the largest music publishers in the world. Petalstone Music owns the publishing rights to over 5 million compositions.
Petalstone Music Entertainment Inc'''.''' is the music entertainment business unit of Petalstone. It is one of the largest global recorded music companies and one of the largest music publishers in the world. Petalstone Music owns the publishing rights to over 5 million compositions.


Petalstone Music Entertainment operates three flagship labels, Petalstone Music, Alloy Recordings, and Songbird Entertainment. Within that, it also operates 20 genre-specific sub-labels. PME is notable for spending large sums to acquire the rights to the catalogs of some of the world's most successful artists, such as [[Zenza]].
Petalstone Music operates 6 flagship record labels: Petalstone Records, Alloy Recordings, Trident Records, Centurion Music, Pegasus Records, and Erulum Recordings. Petalstone Music also operates over 20 genre-specific sub-labels


PME invested heavily in [[Songbird|Songbird Media]] in late 2012 and increased its investment to a majority stake after it went public in 2018. In Q4 2036, PME announced its intention to acquire Songbird for $55 billion fully. Negotiations of the deal went on for some time but concluded in February 2037.
PME invested $250 million in music streaming company [[Songbird]] in late 2018 and an additional $4.6 billion again in 2021 to acquire a 10% stake in the company. In Q4 2023, PME attempted to leverage a full acquisition of Songbird in a $55 billion deal. Negotiations of the deal went on for some time, and a failure to reach an agreement on licensing deals as well as an antitrust investigation put the acquisition on indefinite hold.
 
Sorio Dianvecco has been the Principal Executive of Petalstone Music Entertainment since 2020. PME has posted revenues of $15 billion in 2030.


Juvenlius Ubilia has been the Principal Executive of Petalstone Music Entertainment since 2018. PME has posted revenues of $15 billion in 2035.
=== Unlisted companies ===
=== Unlisted companies ===
[[Category:Caphiria]]
[[Category:Caphiria]]
[[Category:Companies in Caphiria]]
[[Category:Companies in Caphiria]]
[[Category:Companies]]
[[Category:Companies]]
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