Also: Slipstream acquires Anthem Entertainment's production music businesses, Reactional Music strikes a licensing deal with classical music giant Naxos and more.
A current employee at the distributor says that the 37 employees worked in their Quality Control and Artist Relations departments.
It's increasingly challenging for some distributors to win seven-figure bidding wars for artists, according to a pitch deck from the distributor Stem.
The Rock & Roll Hall of Famers recently acquired their catalog from the production company they signed with in 1964.
Arjona's entire catalog, plus new works, will be distributed by Interscope Capitol Labels Group via his own Metamorfosis label.
The deal is about “developing further global reach and innovative solutions for the benefit of the music industry,” says Artone CEO Jan Willem Kaasschieter.
Cargo Independent Distribution will maintain its U.K./Ireland fulfillment relationship with Proper/Utopia.
Amid market share challenges and an ever-evolving landscape of options for artists, the traditional major labels are getting more creative with their deal offers.
Also: Flo Rida strikes a gaming partnership, Seat Unique raises $19 million, Myst Music signs an agreement with The Orchard and more.
Long left to bootstrap themselves, investors and majors are offering billions to buy stakes in independent distributors.
