Unsung Composers

The Music => Composers & Music => Topic started by: patently_obvious on Wednesday 06 March 2024, 11:42

Title: Chandos bought out
Post by: patently_obvious on Wednesday 06 March 2024, 11:42
I saw this reported yesterday on slippedisc.com:

https://slippedisc.com/2024/03/label-news-chandos-is-sold/ (https://slippedisc.com/2024/03/label-news-chandos-is-sold/)
Title: Re: Chandos bought out
Post by: Alan Howe on Wednesday 06 March 2024, 11:59
Indeed, but never fear: Chandos is being sold to Klaus Heymann, the founder of the Naxos group.
Title: Re: Chandos bought out
Post by: TerraEpon on Wednesday 06 March 2024, 13:18
I wonder if this means that Chandos's site will merge into Naxos's or will stay like it is?
Title: Re: Chandos bought out
Post by: Mark Thomas on Wednesday 06 March 2024, 15:17
It doesn't look like it, as Heymann has bought it personally, not via Naxos. I imagine that he will get economies of scale by using Naxos' worldwide distribution arm for Chandos CDs but that doesn't mean that they'll be merged. It was only a matter of time before Chandos followed Hyperion and BIS, but I wasn't expecting it to remain a more-or-less independent label after the sale. Interesting.