BEAT Music Fund, the dance music funding firm launched final 12 months by Netherlands-based Armada Music, has introduced a sequence of latest acquisitions, together with artist stakes and songwriter royalties from Jax Jones.
In an announcement on Tuesday (Could 21), the corporate additionally mentioned it has acquired artist stakes in choose tracks from: Amba Shepherdand shaped a brand new three way partnership with a producer and DJ duo Mark Foster and James Barlowoften known as Sorado.
BEAT Music’s funding in Jax Jones contains a few of the London DJ and producer’s tracks, together with you have no idea me (and Raye), day and evening (and madison beale and Martin Solveig), and breathe (and Ina Wardson).The footprints have amassed over 1 billion streams BEAT Music mentioned it was merging on Spotify.
Since 2014, Jax Jones has turn into a outstanding determine within the EDM scene, together with Duke Dumontof I obtained youJones co-wrote and co-produced.
Jones has since collaborated with artists together with Charlie XCX, Lotov, Demi Lovatoand 12 months to 12 months.
“With [Armada Music Group CEO] Merkel [Piron] Understanding his musical journey, working with BEAT and Armada Music Group was an apparent selection for me,” Jones mentioned in a press release.
“Each groups have unimaginable dance music information and keenness for what I do, so I really feel assured that my music is in secure fingers. I am excited to discover new inventive avenues with BEAT and Armada as companions I’m excited to see the place our shared imaginative and prescient takes us as we embark on this journey collectively!
BEAT has additionally acquired shares in Australian singer/songwriter Amba Shepherd’s well-known dance music, together with Hadwell Apollo and we’re united, smells like Teen Spirit and R3HAB, Porter Robinsonof vandalismand her relationship with Quix, Head or tail.These tracks have obtained practically 1 billion streams Mixed knowledge on Spotify, in keeping with BEAT Music.
12 months 2013, electromagnet Named Shepherd “probably the most related visitor vocalist in EDM”.
“I’m excited to discover new inventive avenues and collaborations that won’t solely develop the scope of my work but additionally resonate with audiences.”
Jax Jones
BEAT additionally introduced the institution of a three way partnership with Solardo. The 2 events will work intently with the music funding fund in A&R, label administration, distribution, promotion, and label distribution and advertising.
BEAT acquired your entire again catalog final 12 months sora datais a UK-based model launched by Solardo in 2017.
New three way partnership between Sola Information and BEAT contains artists Extra and Faber, Drax and majesticand Sorado.
“Following Armada’s twentieth anniversary final 12 months, it’s thrilling to see BEAT’s momentum and the eye it’s at the moment receiving within the dance music market,” mentioned Armada Music Group’s Piron.
“We’re honored to have acquired part of Jax Jones’ unimaginable physique of labor in addition to a few of Amba Shepherd’s most well-known tracks, and sit up for taking their work to thrilling new locations. The upcoming album with Sola Information can be will drive BEAT’s progress within the music acquisition market and additional strengthen our mission: to have a good time dance artists and breathe new life into the preferred labels.
Armada Music launched BEAT Music Fund final 12 months and plans to take a position US$100 million in dance music for years to return.It has since considerably upgraded these plans and now says it plans to spend US$500 million The subsequent 5 years.
“Following Armada’s twentieth anniversary final 12 months, it’s thrilling to see BEAT’s momentum and the eye it’s at the moment receiving within the dance music market.”
Maykel Piron, Armada Music Group
Since its inception, the fund has acquired king road sounda well known New York music label and an “essential half” of the UK-based label’s catalog Viva Music.
It additionally acquired mastering and catalog rights to the DJ duo chocolate cougarin addition to Dutch file labels and publishers cloud 9 music.
Earlier this 12 months, Armada Music and BEAT Music Fund reorganized below a brand new dad or mum firm, Armada Music Groupwhich additionally contains armada music publishing home.
Armada Music describes itself as the biggest unbiased dance music label on this planet and along with BEAT Music Fund manages over 50,000 tracks Artists similar to Armin Van Buren, Lily Palmer, Division of Protection, Yulia Nico, luxurious luxurious, hopeand Sunny James and Ryan Marciano.
Armada Music Publishing represents songwriters and producers similar to Kevin Sanderson, artist, nerveand Rainier Zoneveld.international music enterprise
