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Business News Deals Labels & Publishers
Armada Music launches new venture to acquire dance music rights
By Chris Cooke | Published on Friday 21 April 2023
Dance music label Armada Music has announced the launch of a new investment fund, backed by Pinnacle Financial Partners, which will seek to acquire recording and song catalogues in the electronic music space.
Called BEAT – or Best Ever Acquired Tracks – the new venture has already a secured deal to acquire the KMS Records recordings catalogue of Kevin Saunderson, and another to buy the recordings and publishing rights of Arty. Armada will handle the distribution of the recordings that have been acquired.
Armada Music CEO Maykel Piron says: “It’s a privilege to be working with the tracks that sparked my passion for dance music at an early age”.
The new venture, he continues, “adds a new dimension to the work we’re doing with Armada Music, and we’re super excited to bring in more incredible labels, artists and songs to boost and complement our current catalogue of 40,000 tracks”.
