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Quebecor Sports and Entertainment acquires iconic record label Audiogram – Canada NewsWire

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Audiogram stays in Québec hands

“It was important to Rosaire Archambault and me to keep the music catalogue in Québec hands,” says Michel Bélanger, Audiogram’s founding president. “I am confident that the artists will continue to enjoy outstanding support and the freedom to give full expression to their talent. Seeing our company acquired by a Québec-based owner that cares about Audiogram and will give it the respect and sensitivity it needs, with Philippe Archambault staying at the helm, is all I hoped for.”

Our commitment to Québec music and culture

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“It is an honour for Quebecor to welcome Audiogram, a flagship of Québec music, to the fold,” says Pierre Karl Péladeau, President and CEO of Quebecor. “We have been committed to Québec culture for decades and we are delighted to be able to continue supporting talented local artists with this acquisition. Music is a source of pride and richness for Québec and we will continue to do everything we can to promote it and bring it to the widest possible audience. I want to pay tribute to Michel Bélanger and Rosaire Archambault, who have played such a pivotal role and will remain valued contributors to Audiogram.”

Preserving creative freedom

“We will preserve the artistic personality and creative freedom that have been Audiogram’s hallmarks since its inception,” says Martin Tremblay, Chief Operating Officer of Quebecor Sports and Entertainment. “We are determined to support our creators and will continue producing diverse musical content and introducing new artists.”

The acquisition attests to Quebecor Sports and Entertainment’s confidence in the future of Québec’s music industry. “At a time when the music industry has undergone a major shift to digital, we want to continue investing in music production in order to keep Québec music alive and well,” adds Martin Tremblay.

Philippe Archambault, who has led the company since 2015, will stay on as Audiogram’s General Manager and becomes Vice President Music of Quebecor’s Sports and Entertainment Group.

Quebecor Sports and Entertainment already owns Musicor and STE-4, headed by Anne Vivien, Executive Vice President, Music Development of Quebecor, and MP3 Records, headed by Mario Pelchat. It is well positioned to showcase the next generation of talented artists.

About Audiogram

Founded in the early 1980s by Michel Bélanger, Audiogram is the largest independent French-language record label in North America. With over 10 million albums sold worldwide, a publishing subsidiary, a show production division and a neighbouring rights collection service, Audiogram is a key player in the country’s cultural fabric, having developed the careers of dozens of Canadian singer-songwriters, including many leading Francophone artists.

About Quebecor Sports and Entertainment

Quebecor Sports and Entertainment Group produces, distributes and promotes cultural and sporting events, presenting Québec and international talent in its market. Its properties – the Videotron Centre, Gestev, Baie de Beauport, the Remparts de Québec and Armada hockey teams, and Musicor Spectacles – present high-quality events enhanced by the convergence opportunities offered by the Group’s scope.

SOURCE Quebecor Sports and Entertainment

For further information: Please note that spokespersons will be available for interviews. Information: Gabriel Marchesseault / Quebecor Sports and Entertainment, 514-577-6046, [email protected]; To contact Michel Bélanger : Léandre Guimond / Audiogram, 438-887-8306, [email protected]

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Apple's (NASDAQ:AAPL) New iPad Pro and iPad Air to Hit Markets Soon – TipRanks.com – TipRanks

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Apple (NASDAQ:AAPL) is likely to introduce its new iPad Pro and iPad Air as soon as May. The much-anticipated product launch will come just ahead of Apple’s Worldwide Developers Conference (WWDC) in June.

End to a Long Wait

As the much-awaited moment draws near, Bloomberg reports that the tech giant’s suppliers have already ramped up production of the devices. For Apple’s devout customers, the introduction of the revamped iPads marks the end of a nearly 18-month drought of major new releases from the company. The iPads are expected to boast features such as new OLED displays for the Pro model and an option for a 12.9-inch screen for the Air model.

Revamped iPads Unleashed

The long wait for new iPad models has resulted in sluggish tablet sales for Apple in recent times. Consequently, the company will likely look to the revamped versions to boost demand. Additionally, Apple is introducing more processing power to the new versions. The Pro models will feature a new M3 chip. Similarly, the iPad Air is also receiving an upgrade with a new processor, moving from its last version’s M1 chip to the latest technology.

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What to Expect in June

Importantly, the product launches are scheduled just before Apple’s highly anticipated annual Worldwide Developers Conference. This event is slated for June 10. The iPhone maker is widely expected to unveil its AI strategy as well as software updates for its range of products at the event. 

Is Apple a Buy, Sell, or a Hold?

Apple’s share price has corrected by nearly 11% year-to-date. The Street has a cautiously optimistic stance on the stock with a Moderate Buy consensus rating. Furthermore, the average AAPL price target of $203.40 points to an 18.6% potential upside in the company’s share price.

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Take-Two Interactive to Acquire 'Borderlands' Developer Gearbox From Embracer Group for $460 Million – Yahoo Canada Sports

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Take-Two Interactive has acquired video game developer Gearbox, the maker of the “Borderlands” franchise, from Embracer Group for $460 million.

Per Take Two, the company “expects the transaction to deepen its successful relationship with Gearbox Entertainment and to provide increased financial benefits through a fully integrated operational structure.”

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As part of the deal, Take-Two will acquire Gearbox IP, including “Borderlands” and “Tiny Tina’s Wonderlands” franchises, games published by Take-Two’s 2K Games, as well as “Homeworld,” “Risk of Rain,” “Brothers in Arms” and “Duke Nukem.”

Currently, Gearbox has six “key interactive entertainment projects in various stages of development,” per Take-Two, which includes five sequels, two from “Borderlands” and “Homeworld” universes, and at least one “exciting new intellectual property,” all of which have been acquired in the sale.

Take-Two’s purchase of Gearbox is expected to close in June, pending regulatory approval. Upon completion, Gearbox will operate as a studio within 2K, continuing to be led by Gearbox CEO Randy Pitchford and his management team.

Former Gearbox owner Embracer, a Swedish gaming conglomerate who snapped up the rights to “Lord of the Rings” two years ago, has undergone a severe restructuring program over the past year, which has seen the company shut down or dispose of dozens of games studios and titles and lay off hundreds of staff, resulting in aftershocks that have reverberated throughout the games industry.

The sale of Gearbox marks the latest insistence of Embracer unloading assets, following the company divesting Saber Interactive.

“Our acquisition of Gearbox is an exciting moment for Take-Two and will strengthen our industry-leading creative talent and portfolio of owned intellectual property, including the iconic Borderlands franchise,” Take-Two CEO Strauss Zelnick said. “This combination enhances the financial profile of our existing projects with Gearbox and unlocks the opportunity for us to drive increased long-term growth by leveraging the full resources of Take-Two across all of Gearbox’s exciting initiatives.”

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An OLED iPad Pro and the first big-screen iPad Air will reportedly arrive in May – Engadget

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Apple will finally launch new iPads in early May, according to Bloomberg’s Mark Gurman. Expected are a new iPad Pro with an OLED display and a faster iPad Air, including a 12.9-inch model for the first time in that lineup. The details of the upcoming iPad models have been consistent, circulating through the rumor mill since last year.

The new iPad Pro models will reportedly add OLED displays (offering deeper blacks and richer colors) and run on the new M3 chip, already found in several Macs. The new tablets are said to launch alongside a redesigned Apple Pencil and Magic Keyboard. Other than a white color option, the latter has remained unchanged since its arrival four years ago.

Meanwhile, the iPad Air will supposedly run on a new processor. Bloomberg didn’t specify which, but — considering the current model uses the M1, and Apple likely wants to reserve the M3 for the more expensive Pro — the M2 sounds like a safe bet. The 12.9-inch screen option would mark the first time the iPad Air line has offered a display larger than 10.9 inches. Although Apple will charge more for that model than the smaller sibling expected alongside it, that would be the cheapest way yet to get a supersized iPad screen.

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Gurman said early this month that the new tablets would launch alongside the M3 MacBook Air, but the laptop arrived without any iPads in tow. He now reports that Apple’s release schedule was pushed back to finish working on the devices’ software and ironing out the kinks from the “complex new manufacturing techniques” they require.

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