Ostereo, a Manchester-based record label, has been acquired by Create Music Group, enhancing its operational capabilities and expanding opportunities for its artists.

Target Information

Ostereo, a prominent Manchester-based record label and music publisher, was founded by Howard Murphy in 2016. Under his leadership, Ostereo has launched the careers of numerous artists, achieving significant recognition in the music industry worldwide. Notably, the label has produced several successful tracks from artists such as Joel Corry, who scored multiple UK top-10 hits including ‘Sorry’, ‘Lonely’, and the No.1 hit ‘Head & Heart’. The sale marks a key transition in Ostereo's journey as it moves towards new horizons under the auspices of Create Music Group.

Since its inception, Ostereo has amassed billions of streams globally, highlighting its ability to generate sustainable artist careers through digital platforms. The sale to Create Music Group is a testament to Ostereo's success and its strategic vision, which has continually adapted to the evolving landscape of the music industry.

Industry Overview

The music industry in the UK, particularly in Manchester, has experienced profound transformations driven by technological advancements and changing consumer behaviours. In recent years, the rise of digital streaming platforms has revolutionized music