Eagle Rock Acquires Stake in i-concerts19 Jan, 2009 By: Chris Tribbey
Eagle Rock Entertainment has acquired a 20% stake in i-concerts, which has featured Eagle Rock programming in numerous international markets. The deal gives i-concerts access to all of Eagle Rock’s digital catalog.
“Live concerts are the healthiest segment of the music industry today,” said Eagle Rock executive chairman Terry Shand. “Becoming shareholders in i-concerts allows us to marry our content with their digital distribution. It will enable us to work closely together to develop innovative new ways to reach consumers via all the different digital and TV media.”