spanish born la rosa It raised 15 million euros ($16 million) last March to invest in Spanish-language music rights. At that time, the founder of the company was Christian LaRosasaid its plan is to buy catalogs and pay advances to artists in the Spanish-speaking market.
LaRosa has now formed strategic alliances with music companies Bell Partnerfounded by veteran writers, producers and executives Hayden Bell, Acquire independent music companies and catalogs.
Bell Partners was founded in 2022 and has invested over US$350 million Music rights to date. As part of the partnership, the companies expect to spend similar amounts on music companies and catalogs “in the coming years.”
Heiden Bell’s 30 years of industry experience, including senior roles with: bone cement and SM Entertainment. He also served as A&R supervisor Sony Music Asia Pacific From 2013 to 2019, he supervised 200 artists in 18 countries, including the Middle East and India. His firm, Bell Partners, has offices in Sweden, Los Angeles and Nashville.
The company now plans to leverage LaRosa’s experience in the global Spanish-language music market. Bell said in a statement today (November 20) that his company’s alliance with Larrosa allows it to “maximize opportunities in key markets such as Spain and Latin America”.
Bell Partners’ business covers publishing, label services, distribution, management, licensing and management, and claims to provide “unprecedented first-class creative services” to its “seller partners”.
LaRosa, meanwhile, describes itself as a “financing and technology consulting company for the Spanish-language music industry.”
The company said its expertise in music financing, blockchain technology, artificial intelligence and fintech solutions allows it to provide “innovative ways to manage music assets and royalties.”
Founder of LaRosa, Christian LaRosahas over 18 years of experience developing music projects, production companies, record labels and music publishers in Argentina, Spain, the United States and the United Kingdom.
The strategic alliance between the two companies comes as Latin music revenues in the United States, the world’s largest recorded music market, continue to grow.
In 2022, U.S. Latin music revenue will exceed Dollar US$1 billion Reaching this number for the first time and setting a new record in 2023 $1.4 billion.
Most recently, U.S. Latin music revenue surged, according to data released by the RIAA last month Annual growth of 7.3% arrive $685.5 million Just the first half of 2024.
“Our partnership with Larrosa provides a unique opportunity to combine our global strengths with their deep understanding of the Spanish-speaking market.”
Hayden Bell
“Our partnership with Larrosa provides a unique opportunity to combine our global strengths with their deep understanding of the Spanish-speaking market,” said Hayden Bell, founder and CEO of Bell Partners.
“Together we aim to make a significant impact on the music sector by not only providing music owners in these underserved markets with investment opportunities, but also the opportunity to optimize their rights through creative services and ongoing strategic investment.
“This is our focus and this alliance allows us to maximize opportunities in key markets where we are interested, such as Spain and Latin America.”
“We intend to create new opportunities not only for artists, but for the entire value chain of the music industry.”
Christian LaRosa
Christian Larrosa, CEO of Larrosa, added: “The establishment of this partnership allows us to expand our acquisition of high-value catalog and continue to maintain our leadership position in key markets, especially Spanish-language music.
“We intend to create new opportunities not only for artists, but also for the entire value chain of the music industry.
“In addition, we are making progress with our technology initiatives through ArtSigna, our rights registration platform on the Bitcoin blockchain, and Wolfie, our suite of artificial intelligence solutions designed for the music industry.”global music business
