Edel Taps Business Development Head
Timo Steinberg, senior project manager for Roland Berger Strategy Consultants, will join the management team of Edel Music AG as head of business development in June. Steinberg, who has performed with German hip-hop act Roedelheim Hartreim Projekt, will oversee continued restructuring at Edel. He will
be based in Hamburg and report to Edel Music CFO/COO Michael Baur.
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Hamburg-based Edel Music AG reported a loss for the year ending Dec. 31, despite a major jump in revenue.
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Edel music AG reported a 259% increase in revenues to DM543.6 million ($247.1 million) for the six months to June 30. The Hamburg-based indie's acquisitions ......
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Edel Music AG reports a net loss for the six months ended March 31 of 1.3 million euros ($1.5 million), vs. net loss of 11 ......
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Rapidly growing independent music network Edel Music AG said its sales for the first three quarters of the year grew 164% from a year earlier ......
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