Billionaire Haim Saban, perhaps best known for his success with the Power Rangers, is moving into music. He announced today that he has pledged $500 million to found Saban Music Group by MadelinePBerg
While best known for his television deals, Saban actually got his start in the music industry,Billionaire Haim Saban, perhaps best known for his success with the Power Rangers, is moving into music. He announced today that he has pledged $500 million to found Saban Music Group.
"Saban Music Group is a Los Angeles-based record label with a worldwide view of the music industry, looking to capture the globalization of music and work with artists who have an international appeal," said Lopez, whose Latin entertainment company Talento Uno was bought by Saban in May. "Music has always been one of my life's greatest passions—shaping, influencing and motivating me on a daily basis," Saban said."It is with great excitement that I re-enter the music business—not only as a businessman but as someone who is passionate about the art, dedicated to the development of worldwide artists and wants to provide world-class entertainment."
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