Warner Music Acquires Dutch Record Label Cloud 9, Expanding its European Footprint
Amsterdam, Netherlands – In a move that signifies Warner Music Group’s (WMG)continued expansion into the European market, the American entertainment giant has acquired Dutch record label Cloud 9 Recordings. The acquisition, announced Thursday, marks the beginning of aclose collaboration between the two companies, though financial details were not disclosed.
Cloud 9, a leading force in the Dutch music scene, boasts a roster ofprominent artists including Claude, Jaap Reesema, Kris Kros Amsterdam, Snelle, and Turfy Gang. The label’s success has been driven by its keen understanding of the Dutch music market and its ability to identify and nurture emerging talent.
This acquisition is a strategic move for Warner Music Group, as we seek to strengthen our presence in key European markets, said [insert name and title of relevant WMG executive]. Cloud 9’s impressive track record and theirdeep understanding of the Dutch music landscape make them a valuable addition to our global network.
The acquisition comes at a time when the music industry is experiencing a period of significant growth, driven by the rise of streaming services and the increasing popularity of independent artists. Warner Music’s acquisition of Cloud 9 is likely to furtherfuel this growth, providing the Dutch label with access to WMG’s vast resources and global network.
We are thrilled to join forces with Warner Music Group, said [insert names and titles of Cloud 9 co-founders]. This partnership will allow us to reach new heights and continue to support our artistsin their creative endeavors.
The acquisition is expected to have a significant impact on the Dutch music industry, potentially leading to increased investment in local talent and a greater focus on international collaboration. This move by Warner Music Group underscores the growing importance of the European market in the global music industry.
References:
*Warner Music Group press release, October 10, 2024
* Cloud 9 Recordings website
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