Every Big Room and Progressive House fan knows about Spinnin' Records and their artists by heart.
Spinnin Records have always been one the best independent labels to share dance music. Not only have they converted millions fans, but they've given big breaks to some the biggest artists in the scene right now. Artists like KSHMR, EDX, Chocolate Puma, Sam Feldt, Alok, Umeet Ozcan and many more consider Spinnin' their home. In addition, Martin Garrix was also associated with Spinnin' Records for a very long time before he parted ways with the label. To top things f, Spinnin' Records is also home to and acts as a parent company to many sub labels that includes Musical Freedom by Tiesto, Dharma Worldwide by KSHMR, Hexagon by Don Diablo, Heldeep Records by Oliver Heldens and Maximized by Blasterjaxx.
Now, as time changes, so does business. The label that was founded in 1999 by Eelko van Kooten and Roger de Graaf has now been bought by the Warner Music Group in a $100M+ deal. This might seem like a heft sum, but actually it's not, considering the big names that is currently associated with the label. Currently the label will be operated by the Spinnin' Records co-founder Roger de Graaf, while co-founder Eelko van Kooten is leaving the music business to pursue interests in other industries.
Roger de Graaf, CEO & Co-Founder Spinnin’ Records adds that:
You can read Warner Music Group’s side the story directly on their website by clicking here.
In the end, what matters is that both parties are happy with the acquisition. Since now Spinnin is under WMG, there definitely will be some key changes in the working different sectors the label. This is a really exciting time for both Spinnin and WMG and we can’t wait to see what the 2 parties will deliver in the near future.
H/T: Music Business Worldwide