Chandos bought out

[patently_obvious]

I saw this reported yesterday on slippedisc.com:

https://slippedisc.com/2024/03/label-news-chandos-is-sold/

[Alan Howe]

Indeed, but never fear: Chandos is being sold to Klaus Heymann, the founder of the Naxos group.

[TerraEpon]

I wonder if this means that Chandos's site will merge into Naxos's or will stay like it is?

[Mark Thomas]

It doesn't look like it, as Heymann has bought it personally, not via Naxos. I imagine that he will get economies of scale by using Naxos' worldwide distribution arm for Chandos CDs but that doesn't mean that they'll be merged. It was only a matter of time before Chandos followed Hyperion and BIS, but I wasn't expecting it to remain a more-or-less independent label after the sale. Interesting.