Avex Music Announces $100M Catalog Acquisition Strategy, Purchases Rights From “Lose Control” Producer

image

Avex Music Group is getting in on the music acquisition space, the Japanese music company confirmed Monday, announcing that it had acquired “Lose Control” producer Infamous’s catalog for its first purchase.

Avex didn’t disclose financial details regarding the Infamous catalog purchase, though the company said the new catalog initiative is supported by City National Bank. The producer-writer, whose real name is Marco Rodriguez, has also worked frequently with Lil Wayne and has cuts with Charlie Puth, Yo Gotti and Saweetie among others. Teddy Swims’ “Lose Control,” though, is his biggest hit, setting a record after having spent over 100 weeks on the Hot 100 and racking up 2.4 billion streams on Spotify.

Related Stories

“At Avex Music Group, we are focused on investing in culturally defining music at every stage, from creation through long-term ownership,” Brandon Silverstein, CEO of Avex Music Group and Founder

...

Keep reading this article on Hollywood Reporter.