Hey music fans, buckle up, because there's a fresh beat in the air! Create Music Group (CMG) and Nettwerk Music Group are partnering up in a splashy deal that's got everyone buzzing. It's the kind of news that makes you want to hit the repeat button!
So, what's the scoop? CMG is dropping a jaw-dropping $300 million to team up with the indie heroes at Nettwerk, based in Vancouver. But it’s not just about the cash; it’s about keeping the tunes alive while staying true to the indie vibe! This cool collaboration lets Nettwerk hold onto its unique character, even as it grows stronger and stays fiercely independent.
The music mash-up is a win-win. Nettwerk will keep rocking day-to-day operations and discovering fresh talent, while Create adds extra muscle behind the scenes, powering up their music catalog with some top-notch support. Just imagine what this dream team can do!
Terry McBride, Nettwerk’s superstar CEO, can’t wait to pump up the volume. He’s stoked to keep building on Nettwerk’s legacy and bringing more value to the artists we adore — and you can bet he'll do it without losing that cool Canadian charm.
This isn't CMG's first rodeo, though. They've been scooping up other music gems like Germany’s !K7 and making waves with sounds from artists like Deadmau5. Clearly, they're on a mission to fan the flames of indie excellence!
The creative minds at Nettwerk have a storied past, having worked with legends like Coldplay and Sarah McLachlan, and continue to nurture amazing talents like Paris Paloma and Passenger. Now, with CMG on their team, Nettwerk is ready to write the next chapter of its musical journey — and it's going to be epic!
Excited yet? This partnership promises to amplify creativity, support artists, and keep the indie spirit alive and kicking. Keep your playlists open because the new wave of music is coming, and it sounds fantastic!