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Business News Deals Management & Funding
SEG acquire Marot’s management company
By CMU Editorial | Published on Tuesday 17 February 2009
Pan-European sports management agency SEG is moving into music management in the UK by acquiring two London based artist management companies, Marc Marot’s Terra Firma and John Arnison’s J Management, which is good news, if only because it will stop me getting the Terra Firma management company confused with the investment firm of the same name who own EMI.
The two acquisitions, which will see Marot and Arnison head up SEG Entertainment UK, are part of SEG’s bid to operate across the entertainment spectrum across Europe. They also mean that SEG UK launches with acts like Paul Oakenfold, Billy Ocean, Aswad and Lemon Jelly on their books.
Confirming the acquisitions, SEG founder Kees Vos told CMU: “Building a strong UK base for SEG is core to our international expansion. We operate in a world in which London is the European headquarters of the entertainment industry and it is important we are represented here. As the entertainment industry consolidates and professionalises, it is vital that artists and sports stars have access to management which offers the professionalism to match”.
Marot added: “Artist management is the last bit of Wild West left in the music industry. SEG Entertainment will offer a structured and professional service to artists to help them develop their careers in the most appropriate and profitable way. We plan to recruit a stable of younger managers and give them the support and leverage a big company can bring. But we are also looking to sign major artists who share our vision”.
