WMG Acquires Independent Distribution Platform, Revelator
Revelator specializes in digital distribution, rights management, royalty accounting, and analytics
Warner Music Group (WMG) will officially acquire the independent B2B music platform, Revelator. This acquisition will fold into the operations of ADA, WMG’s in-house global distributor.
The deal:
The deal is expected to close next quarter.
Revelator will continue to serve its hundreds of current clients once the acquisition is finalized.
Revelator uses cloud-based tools to help artists, labels, and distributors simplify various operations and financial reporting.
These tools will be available to WMG artists and labels moving forward.
What they said:
WMG CEO Robert Kyncl: “The combination of Revelator’s leading-edge technology and array of premier services with our global infrastructure will turbocharge our joint mission to support more labels and artists around the world. I’m very pleased to welcome the Revelator team to the WMG family.”
Revelator Founder & CEO Bruno Guez: “Since launching Revelator in 2012, we’ve striven to make the music industry fairer, simpler, and more transparent by bridging the gap between creativity, technology, and distribution. We’re very happy to partner with WMG to superserve artists, labels, and distributors around the world.”
👋 Disclosures & Transparency Block
This article was written from a press release provided by WMG.
We covered it because WMG is one of the three major labels.
