Music licensing platform Slipstream has acquired Anthem Entertainment’s production music portfolio, which includes three major labels, adding more than 650,000 tracks to Slipstream’s catalog.
The deal covers Anthem’s music production arm jingle punkindependently produced music library 5 alarm clock musicand UK independent production music publisher cavendish music.
Slipstream said the acquisition positions it as “the world’s largest independent music licensing platform.”
slipstream CEO Dan Demore and chief revenue officer Jesse ColvinFounded Slipstream in 2021 and are now returning to the business they previously helped build. DeMoore is the co-founder of Jingle Punks and the Hymn production music groupwhile Coven serves as Managing Director of Jingle Punks.
Pollen Street CapitalA London-based investment management firm provided financing for the acquisition. As part of the transaction, Anthem Entertainment It will maintain its stake in the company through its investment in Slipstream. Slipstream supporters Sony Music Entertainment, Third Prime, and Light Shed Ventures.
“This acquisition is a homecoming for us. Jesse [Korwin] I created Jingle Punks and Slipstream with the foundation of making great music accessible to creators of all genres.
Dan Demore, “Slipstream”
“This acquisition is a homecoming for us,” DeMoore said. “Jesse and I founded Jingle Punks and Slipstream on the foundation of making great music accessible to creators of all genres. We now have an unprecedented opportunity to build on the success of both brands while leading The next wave of innovation in music licensing. With this vast catalog and our technology-enabled platform, we’re not only the largest independent player in the space, we’re also the most innovative.
The expanded platform will serve a diverse customer base, ranging from individual content creators and small businesses to global brands and enterprises. Slipstream said the acquisition aligns with its goal of simplifying licensing of music for television, film, advertising, gaming, social media and branded music.
“Our focus is on blending creativity and technology to make it easier for TV networks and producers, brands, filmmakers and creators of all sizes to find and license the perfect soundtrack for their content,” Colvin explain.
“We’re excited to leverage our experience in making music and deep understanding of our customers’ needs to deliver something truly groundbreaking to the industry.”
“This sale to Slipstream puts Jingle Punks, 5 Alarm and Cavendish Music back in the familiar and capable hands of a proven leader in production music and technology.”
Jason Klein, Anthem Entertainment
For Anthem Entertainment, the sale is consistent with its strategic priorities. CEO Jason Klein Said that since taking over in January 2023, the company has been focusing on its core music publishing and recorded music divisions while evaluating options for its production music business.
“This sale to Slipstream puts Jingle Punks, 5 Alarm and Cavendish Music back in the familiar and capable hands of a proven leader in production music and technology. Dan and Jesse already know these businesses and are excited about them as Slipstream’s Part of the Future has a unique vision. We believe in them as leaders and their vision, which is why we chose to invest in Slipstream.
Michael CatramadosPollen Street partners said: “We are extremely pleased to be working with the Slipstream team and supporting them in their transformational acquisition, which will create one of the market leaders in music production.
“Combining a huge music library and fresh technology Dan and Jesse’s deep industry expertise makes this a very exciting business and one that can make a significant contribution to reshaping a rapidly evolving industry.
Over the past few years, Anthem has expanded its catalog by acquiring hits from the three-time Juno and Grammy Award-winning, multi-platinum-selling singer-songwriter Chantal gap;”Other Publishing Interests” in Table of Contents Timbaland’s some of his biggest hits Justin Timberlake, Jay-Z and others; and songs from Seaside Music Groupco-written by the songwriters Eric Frederick (played by Ricky Reed)including popular works by artists such as Halsey, Leon Bridges, Lizzo and Meghan Trainor.
Anthem Entertainment was originally a Canadian record label and the three members of the band hurry – Geddy Lee, Neil Peart and Alex Lifeson – Served as deputy director. The company was acquired by Canadian Music Rights Corporation Austrian Media Management In November 2015 and June 2019, ole changed its name to Anthem Entertainment.
global music business
