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Business News Deals Labels & Publishers
Phoenix buy assets of struggling reggae label
By CMU Editorial | Published on Monday 1 June 2009
The catalogue of JetStar Music has been bought by Phoenix Music International after the seminal reggae label recently went into administration.
Pheonix have snapped up both JetStar’s recordings and publishing assets. Music Week quote Phoenix’s International Director John Carnell thus: “Phoenix Music International have bought the assets of Jetstar Music. We are looking forward to working with the artists and writers to make the most of an exciting catalogue of music”.
Pheonix have bought a number of music companies in recent years, including last year buying up the assets of former UK indie Gut Records.
