NEW YORK (CelebrityAccess) — BEAT Music Fund, Armada’s music IP funding automobile, introduced that it has acquired artist shares and songwriter royalties from the Grammy-nominated recording artist Jax Jones, and artist shares on choose tracks from Australian singer-songwriter Amba Shepherd.
The cope with Jax Jones contains artist shares and songwriter royalties from a portion of his current catalog and contains hits comparable to ‘You Don’t Know Me’ (with RAYE), ‘The place Did You Go’ (feat. MNEK), and ‘Breathe’ (with Ina Wroldsen) which, collectively, have generated greater than 9 billion streams worldwide.
BeatsMusic’s cope with Amba Shepherd contains notable dance tracks comparable to her collaborations with Hardwell, ‘Apollo’ and ‘United We Are,’ ‘Smells Like Teen Spirit,’ with R3HAB, Porter Robinson’s ‘Vandalism,’ and her joint observe with QUIX, ‘Heads or Tails,’ which have accrued greater than 1 billion streams on Spotify.
“After spending time with Maykel and studying about his journey in music, partnering with BEAT and Armada Music Group was an apparent alternative for me,” stated Jax Jones. “Each groups share an unimaginable information of dance music and keenness for my work, so I’m assured that my music is in secure arms. With BEAT and Armada as companions, I’m excited to discover new inventive avenues and collaborations that won’t solely broaden the scope of my work but additionally resonate with my viewers. As we embark on this journey collectively, I’m fired as much as see the place our shared imaginative and prescient takes us!”
“Following Armada’s twentieth anniversary final 12 months, it’s extremely thrilling to see such momentum for BEAT and the highlight on the dance music market proper now,” stated Maykel Piron, CEO of Armada Music Group. “We’re honored to be entrusted with a portion of Jax Jones’ unimaginable catalog and several other of AMBA SHEPHERD’s most notable tracks and look ahead to taking their work to thrilling new locations. The forthcoming releases with Sola Data additionally fuels BEAT’s development within the music acquisition market and additional empowers our mission to have fun dance artists and breathe new life into probably the most beloved labels.”
The monetary phrases of the offers weren’t disclosed.