HOLLYWOOD — Longtime concert promoter John Scher has acquired the three New York City-based divisions of Metropolitan Entertainment Group, creating a company consisting of Hybrid Recordings, an artist management division and a television and theatrical division.
Scher had headed Metropolitan until summer, when he abruptly resigned. He will take the titles of president and CEO of the company and remain a consultant to Metropolitan’s remaining businesses, the concert division and the touring division.
The management division has handled Rusted Root, the Cranberries, Luscious Jackson, Art of Noise and Vertical Horizon. In addition, Scher will continue to consult for his longtime client Bob Weir and Ratdog.
Hybrid Recordings, distributed and marketed by Atlantic Records, has two active projects: “NASCAR Full Throttle” and the soundtrack to “Hedwig and the Angry Inch.”
The Theatrical and Television Division has yielded such Broadway hits as “Jelly’s Last Jam,” “Victor/Victoria” and “Triumph of Love.” The division is developing “Oh What a Night,” a theatrical version of the Four Seasons, and “Abuse of Power,” based on the book by Stanley Kutler, which dissects the Nixon Watergate tapes.
“This new venture allows us room to form new strategic partnerships that will enable us to widen the scope of our company to even bigger heights,” Scher said.