Red hot music manager Sarah Stennett and Len Blavatnik's Access Industries, the privately held company with major stakes in a number of music, media and telecom companies including the Warner Music Group, have launched a new joint venture called First Access Entertainment.
First Access Entertainment will focus on developing and representing both artists and brands, recorded music, songwriters and rights exploitation in the entertainment and fashion industries. Access Industries acquired Warner Music in 2013 in a $3.3 billion sale and artists that are signed with First Access Entertainment will be distributed or released through Warners.
Stennett's Turnfirst Artists manages the careers of a Ellie Goulding, Rita Ora, Iggy Azalea, Jessie J and Jack Garratt. She was also recently named as manager for Zayn Malik, as he pursues his post One Direction solo career.
Following the launch of the joint venture, all of Turnfirst's artist management activities will fall under the First Access aegis. The announcement did not reveal the financial details of the partnership.
via Celebrity Access