Drake Sells Majority Stake In OVO To Authentic Brands Group
The deal gives Authentic a 51% stake in OVO’s intellectual property while the hip-hop superstar retains a significant ownership position and creative control. by Selena Hill Aubrey “Drake” Graham is expanding October’s Very Own (OVO) into an even bigger global business. Authentic Brands Group announced on Aug. 27 that it acquired a majority stake in OVO’s intellectual property, […]
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