Magazine article Screen International

CEG Subsidiary Air-Edel in Buyout

Magazine article Screen International

CEG Subsidiary Air-Edel in Buyout

Article excerpt

Cutting Edge Group (CEG) subsidiary Air-Edel Associates Ltd has completed negotiations to split away via a management buyout.

CEG, one of the leading international film music financier and services providers, bought composer and music supervision company Air-Edel in 2007.

Longstanding Air-Edel managing director Maggie Rodford (pictured, at left), backed by an investor group led by Robert Cope, will now return the company to its independent roots as it was when it was founded by Sir George Martin and Herman Edel.

Terms of the deal were not disclosed.

Air-Edel was founded in 1969 with an initial focus on managing and representing composers writing music for commercials.

In the early 1980s, the company expanded its operations to film and TV and then into games and theatre. The company bought its own recording studios in 1991 and today represents composers on a worldwide basis as well as managing a strong publishing catalogue. …

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