True North Records Announces Strategic Investment By Canadian Group Led By Linus Entertainment.

TORONTO (CelebrityAccess MediaWire) — Bernie Finkelstein, founder and President of True
North Records, a division of High Romance Music Ltd, Canada’s oldest
independent record label that owns many of Canada’s most historic recordings
including the catalog of Bruce Cockburn, Murray McLauchlan, Blackie & The
Rodeo Kings, Rough Trade as well as emerging artists Golden Dogs, Hunter
Valentine and Catherine MacLellan, today announced the completion of a
strategic investment by Linus Entertainment, entrepreneurs Harvey Glatt, and
Mike Pilon.  

Linus Entertainment is home to prominent Canadian recordings by Gordon
Lightfoot, Sophie Milman, Ron Sexsmith, Quartetto Gelato, Downchild, Alannah
Myles, and Ashley MacIsaac.   Both companies are distributed in Canada by
Universal Music. Finkelstein, a recipient of the Order of Canada and
inductee into the Canadian Music Hall of Fame, will remain with True North
as Chairman and as a long term consultant, while Linus Entertainment CEO
Geoff Kulawick becomes CEO of both companies, and will be responsible for
day-to-day management.  

Finkelstein Management and the publishing interests of Bruce Cockburn are
not a part of the deal and both will continue to be operated by Mr
Finkelstein.

Said Mr. Finkelstein of the deal “It’s been a long,
interesting and fulfilling road starting and building True North these past
38 years but all things must change.     It’s been a thrill to work with all
the wonderful musicians and on all of the great records we’ve done together
over the years but it’s time for True North to have new direction and
energy.    I think Geoff Kulawick and his partners will bring those
qualities to True North and I’m looking forward to continuing my commitment
to True North as Chairman.”

Said Mr. Kulawick “the True North label, and
Bernie in particular have been an inspiration to me.   It is my goal to see
True North continue to grow, and its great roster of artists reach even more
people.   The most powerful form of communication is music, and through the
incredible talent of artists like Bruce Cockburn, music can influence, and
change people.“

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