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GT acquires media auditor

09 Feb 2010, Mario Christodoulou, AccountancyAge

http://www.accountancyage.com/aa/news/1807797/gt-acquires-media-auditor

Grant Thornton (GT) has absorbed a media auditor specialising in movie royalty accounting, into its operations.

The firm yesterday announced the acquisition of Aulren, a firm which specialises in film royalty auditing.

The firm has audited royalty and distribution agreements for major film studios since 2002.

It will retain its name under the arrangement but offer GT’s international tax consultancy services to its clients.

Scott Barnes, CEO of GT, said the acquisition was part of the firm’s strategy to build on its strengths.

“The (Aulren) team gives us a sharper cutting edge overall as we continue to grow our presence in the sector,” he said.

"This business complements our existing service offering to the media sector, not only in film and television, but also to the music and publishing sectors.”

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