EMI Sells Music Row Buildings
Three Music Row buildings once owned by EMI Music Publishing were sold to the owner of three record labels April 20.
Benny M. Brown, owner of Broken Bow Records, Stoney Creek Records and Red Bow Records, plus a publishing house and management company, paid $2.8 million for the buildings in order to consolidate the businesses under one roof, according to the Tennessean.
The labels collectively represent a variety of artists including Jason Aldean, Thompson Square, Randy Houser, Joe Nichols, and Parmalee.
The buildings have primarily been vacant since a consortium that includes Sony Corp., bought EMI last summer, the paper said.