Too Lost Music Group acquires Australian distributor Xelon Entertainment
Xelon's founder, Ashley Gay, will stay on as president and join the buyer's leadership team.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Too Lost Music Group has agreed to acquire Xelon Entertainment, an Australian independent music distributor. Ashley Gay, who founded Xelon, will remain its president and sit on Too Lost's leadership team. The purchase comes three months after Too Lost's agreement with GYRO.Group.
Why it matters
According to the reports, the deal widens Too Lost's footprint and reach in Asia-Pacific.
Coverage
- Too Lost to acquire Australian indie distributor Xelon Entertainment, three months after GYRO.Group deal (musicbusinessworldwide.com)
- Too Lost Music Group Strikes Deal with Xelon Entertainment (digitalmusicnews.com)
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