Announced
Financials
Tags
Acquisition
Private
Entertainment
Friendly
Pending
record label
Domestic
Majority
Sweden
Single Bidder
Synopsis
Epidemic Sound, a provider of music licensing services, agreed to acquire A-P Records, a Swedish mood music record label. Financial terms were not disclosed. “In our bid to soundtrack the world, we’re always looking at two areas; how can we keep providing music to the world’s storytellers and how can we keep evolving to support the world’s music creators who want to thrive through music. As soon as we started talking to Alex, it became clear that he and his record label had the same love for music and share the same values to always provide 50/50 revenue splits from music streaming platforms to music creators as us," Oscar Hoglund, Epidemic Sound Co-Founder and CEO.
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