When Armada Music launched its music rights investment vehicle BEAT Music Fund (“the world’s first dance music investment company”) more than a year ago, it aimed to make $100 million in acquisitions within two years.
Earlier this year, when Armada reorganized under a new parent company— Armada Music Group – It modifies this number to US$500 million the next five years.
It’s a pretty ambitious leap, but so far the Amsterdam-based dance music company hasn’t had much trouble finding acquisitions.
Within months of launching BEAT Music Fund, it acquired New York-born independent dance label king street soundand purchased the master and catalog rights to the Dutch DJ duo chocolate cougar.
It then proceeds to pick up the entire following directory sora recordsand “a large part of” Viva Musicdirectory.
Earlier this year, it acquired artist shares and songwriter royalties Jax Jonesas well as the sharing of selected tracks below Amba Shepherd.
Overall, the company said it has acquired a number of 20,000 assets seen 100 million They have been streaming since they became part of the BEAT Music Foundation.
Now, the fund has announced catalog acquisition agreements with three luminaries in the dance/tech space: Kevin Sanderson, Marcus Schulzand Robbie Rivera.
Through deal with technology pioneer Saunderson, BEAT will acquire artist shares from a portion of Saunderson’s shares inner city Table of contents.
Inner City, a collaboration between Sanderson and the singer paris grayConsidered a pioneer of Detroit techno music, and scored nine Top 40 hit albums and two Top 20 albums in the UK during the 1980s and 1990s.
The deal includes several popular projects in the inner city, including good life, big funand Pennies falling from the sky.
“Each of these artists played an integral role in shaping dance music and pioneering subgenres such as techno, house and trance.”
Maykel Piron, Armada Music Group
BEAT partners with trance DJ cold harbor recordings owner Marcus Schulz Includes master and artist royalties for many tracks including new world, Rhône feat. Jochen Millerand loops and t-signs feat. Ferry Costen.
Finally, BEAT also receives master and artist royalties for the entire catalog. juicy musica dance brand founded by a Puerto Rican-born DJ and producer Robbie Rivera. including Rivera’s drink water, Out of date feat. Jordan Kahnand switch it feat. melody man.
“Each of these artists has played an integral role in shaping dance music and pioneering subgenres such as techno, house and trance,” said Armada Music Group CEO Merkel Piron said in a statement.
“We are honored to preserve their incredible legacy and look forward to sharing their beloved works with new audiences.”
In addition to acquiring BEAT Music, the Armada Music label also has what it calls “the largest dance music catalog in the world, containing over 40,000 tracks” and represents some of the biggest artists in dance music, including Lily Palmer, artist, audience, Miss Monique, Ferry Costen, Jan Blomquist, luxury luxuryand Tensnak.
The company says it clocks more than 1 billion monthly traffic.global music business
