Hasbro has officially sold eOne Music to investment banking firm Blackstone for $385 million. As part of the deal, the label has been forced to change its name to MNRK Music Group. The company’s hard rock and metal imprint eOne Heavy will also now be referred to as MNRK Heavy. Despite the deal, many staff members, including president/CEO Chris Taylor, will remain at the label.
[via Billboard]
Metal Anarchy 
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