Accounting and consulting firm Armanino is adding two veteran music industry organizations to its portfolio.
, will give Armanino a pair of eight-person staffs steeped in business management experience, royalty compliance, valuation services and litigation support. Hallet began his career as a staff accountant at a business management firm in 1975. His Hallet and Associates was founded in 2004 and folded into Blue Sky Group in 2014. Coleman’s experience in music audits started in 1971 working with country legend Johnny Cash.“I found Cash some cash,” says Coleman. “He paid me some cash.
Armanino, one of the 20 largest accounting firm in the U.S., specializes in tax, audit and business management and has more than 2,000 employees in offices around the country. With the two acquisitions, Armanino has about 150 people in its business management group in New York and Los Angeles in addition to Nashville-based Blue Sky Group and St.
“If we think larger in terms of the entertainment industry, these people are becoming brands,” says Manzino. “They’re getting into fashion, not-for-profits, social impact, liquor brands, private donations. To be able to serve people at this level, you can’t be a one-trick pony. You need to provide a full suite of services.”
Generation Z is driving the industry, he says, and smaller firms “aren’t able to offer a lot of the things that this generation wants.” That includes musicians and athletes setting up private foundations to give money to the school districts in their home towns or creating a private foundation for a non-profit.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Central Pa. accounting firm partners with Washington-based business to launch joint ventureThe new venture combines consulting with technology.
Read more »
Banks, Investors Revive Push for Changes to Securities Accounting After SVB CollapseSome bank executives and investors are reviving calls for changes to U.S. accounting rules around held-to-maturity securities in the wake of the collapse of Silicon Valley Bank, a move that was considered after the financial crisis but largely abandoned after hundreds of banking-industry objections.
Read more »
Trust beneficiaries entitled to an annual accountingA trustee's report must include a listing of trust assets, receipts, expenditures and...
Read more »
Flagstar Bank Acquires Signature Bank's Assets and Branches, Excluding Cryptocurrency Operations – Bitcoin NewsThe FDIC has announced that Flagstar Bank has acquired Signature Bank’s 40 former bank branches and its assets, except for crypto operations.
Read more »
‘The Eternal Daughter’: BFI Distribution Acquires Tilda Swinton Ghost Tale For UK & Irish ReleaseBFI Distribution has picked up Tilda Swinton and Joanna Hogg’s latest collaboration, The Eternal Daughter, for theatrical release in the UK and Ireland. The pic will hit cinemas this autumn and for…
Read more »
Bitget acquires controlling stake in BitKeep with additional investment at $300 million valuationCrypto exchange Bitget has invested a further $30 million in the DeFi crypto wallet.
Read more »