The Independent Music Corporate Exceleration Music has acquired Mack Avenue Music Group, which has a collection of jazz stamps.

The acquisition of the Mack Avenue catalog and its active roster of artists. Mack Avenue labels have won dozens of Grammy quotes and awards.

The deal arrives two years after Exceleration acquired independent digital and physical distribution/services company Redeye for an undisclosed sum. 

Exceleration Music plans to “leverage its robust distribution, marketing, and technological resources to enhance Mack Avenue’s global impact.”

The excess introduced in January 2021 through five leaders in the independent sector, supported through what he described as a “substantial investment capital. “

Music Corporate is still led by its Organization of Original Founders, Glen Barros (former CEO of Concord Music Group), Dave Hansen (Executive President of Merlin and former CEO of Epitaf), Charles Caldas (former Merlin CEO), Amy Dietz (former General Manager of Ingurooves) and John Burk (Grammy winning manufacturer and former president of Concord Records).

The US-headquartered company says that it is funded by investments from each of its partners, as well as institutional and private investors.

Amongst Exceleration’s investments to date are Bloodshot Records, Kill Rock Stars, Mom+Pop, and SideOneDummy, and most recently, India-based indie label Azadi Records, which marked Exceleration’s expansion into to Asia.

The music glut says its new deal strengthens its “commitment to legacy artists and new jazz. “The company already has the multi-Grammy Award-winning jazz label, Records Records.

Mack Avenue’s operations will now be incorporated with sincere records to shape the global jazz band of La Ciena and will be guided through the existing president of Mack Avenue, Denny Stilwell.

This collective jazz organization will also feature a team of key Mack Avenue executives and sincere records.

Founded in 1999 through Gretchen Carhartt Valade, former president of the American logo Cathartt, Mack Avenue’s top artists come with Christian McBride, Cécile McLorin Salvant, and Kenny Garrett.

“The Mack Avenue and candid Records mixture represents a step in our project to build the definitive independent seal for the largest jazz artists today. “

John Burk, Exception Music

When commenting on the agreement, John Burk, a partner of Exceleration Music, said: “We are delighted to welcome Denny, his team and the list of artists from Mack Avenue to the Excellency family.

“The mixture of Mack Avenue and Candida Records represents a step in our project to build the best independent label for the largest jazz artists today.

“Together, we will continue to honor the labels’ remarkable heritages while providing the resources and expertise to help our artists reach new heights.”

“Uniting forces with Glen, John and the team of related ideas in Exceleration is a transformative opportunity for Mack Avenue and our list of artists. “

Denny Stilwell, Mack Avenue Group

Denny Stilwell, President of Mack Avenue Music Group, added: “Joining forces with Glen, John and the like-minded team at Exceleration is a transformative opportunity for Mack Avenue and our unique artist roster.

“With the support, knowledge and enthusiasm of the Siena, we are sure that our special logo as defenders of the artists prosper as we continue to bring this music to the world. “

Added by

Mousart

SHARE

Your email address will not be published. Required fields are marked *