From Lars Brandle, Billboard:
Warner Music Nordic has acquired the multi-faceted Helsinki Music Company, a Finnish firm with operations in recorded music, merchandising, music publishing and touring.
With immediate effect, HMC becomes a wholly-owned division of Warner Music Finland. Financial details were not disclosed.
The deal, unveiled today, follows the appointments of HMC founders Niko Nordström and Asko Kallonen as GM and A&R director of Warner Music Finland, respectively, in October. At that time, Warner Music Nordic president Jonas Siljemark claimed the two executive appointments ushered-in the company's shift toward a 360-degree business model.
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From Lars Brandle, Billboard:
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