On Thursday, Jan26th it was revealed that Ministry of Sound had acquired the record label Hed Kandi along with the Enterprise Records division of Smooth FM (formerly Jazz FM ) from Guardian Media Group Radio Holdings for an undisclosed sum. The acquisition includes all associated labels of the GMG Radio Records division including One Two Records. -- According to MoS execs they will keep the core values of 'Kandi' [which is good news] and of course MoS is a bigger company so hopefully Kandi will improve and grow as a sub-label under them. -- Full Article HERE
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