Sal Nctuary Andy and Rod 25TH ANNIVERSARY
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"Congratulations to Sal nctuary Andy and Rod 25TH ANNIVERSARY and all at Sanctuary ABN AMRO Mezzanine (U.K.) Ltd. has been involved with Sanctuary since 1997. During that time, we have enjoyed a very on achieving positive business relationship with [the company], particularly Andy Taylor and 25 years in the Entertainment Industry" Mike Miller. ABN AMRO Mezzanine has assisted in the provision of mezzanine debt facilities to support the company's extensive growth capabilities, both within STATHAM GILL DAVIES the core business and, specifically, for its Screen division. We have witnessed the SOLICITORS transformation of Sanctuary from a diverse, privately owned music and media business into a publicly quoted company 55 New Cavendish Street, London W1M 7RE and a major owner of intellectual property in its chosen niches. The offshore fund Tel: 020 7487 5565 Fax: 020 7487 4409 which we advise retains a significant e -mail: sgd @stathamgilldavies.com shareholding in Sanctuary, and we remain confident that the management team will continue to drive the business forward in its usual committed and dynamic manner. -ABN AMRO Mezzanine ANDY TAYLOR Continued _iron page S -34 By plugging the two together, we've been able to create, in effect, a major record company environment with a more stream- lined structure. How would you describe the general philosophy of the Sanctuary Records Group? Sanctuary Records Group Well, I've always felt that the majors have missed the mark a bit when it comes to all the different brandings that exist inside a single company -like Parlophone within EMI U.K. In truth, what the consumer really wants to know is that he's getting ow 25 yea/yid, something of genuine quality, and, in that respect, the EMI name alone should be enough. These days, very few people buy records the way they used to -by staying true to the output of a particular company. There's still an element of that, I suppose, UNIVERSAL and we would expect to maintain customer loyalty of this kind. But our view is that, if a label is going to exist in a certain niche, UNIVERSAL MUSIC then that niche should be determined by UNIVERSAL MANUFACTURING 8 LOGISTICS LTD the type of music rather than by a non- PHILIPS ROAD BLACKBURN LANCASHIRE BB1 5RZ UNITED KINGDOM specific brand name. In our opinion, Sanctuary is as good a Supplying CD, CD ROM Ft DVD to The Sanctuary Records Group title as we need. And we will only seek to expand on this when it comes to very Website www.u- m -I.com focused niches, like the metal side with Telephone 01254 505401 Fax 01254 505421 email [email protected] Metal -Is or the roots side with Evangeline. Continued on page S'-38 S -36 A BILLBOARD SALUTE BILLBOARD SEPTEMBER 23, 2000 www.americanradiohistory.com.