BMG Production Music (BMGPM) has acquired Los Angeles and London-based production music company Dynamic Music, bringing the label and contributing producers under its umbrella.
Dynamic Music boasts a 3,500-track catalog spanning hip-hop, synthwave and future R&B, to neo-classical, Skandi noir, indie and folk.
The catalog also includes albums written by the likes of The Shapeshifters, Kid Massive and Birdee, among others.
The deal follows the two companies’ global sub-publishing agreement inked in 2018.
Dynamic reports to have seen its revenue double over the two years of representation, as well as the securing of over 100 hours of music use across global television and radio stations from some 30,000 usages.
Dynamic Music was co-founded in London in 2014 by David Felton, Will Mills and Sharooz Raoofi, with Rachel Menzies joining as a Director and overseeing the day-to-day running of the business.
“BRINGING DYNAMIC MUSIC INTO THE FOLD OF THE COMPANY IS AN ORGANIC TRANSITION AND RECOGNITION OF THE TEAM’S EXCEPTIONAL WORK.”
JOHN CLIFFORD, BMGPM
John Clifford , EVP & Global Managing Director at BMGPM said: “As BMGPM continues to grow, build and innovate with the best providers of production music in the world, bringing Dynamic Music into the fold of the company is an organic transition and recognition of the team’s exceptional work.”
“I COULDN’T IMAGINE A BETTER HOME FOR THE BUSINESS THAN WITH THE BRILLIANT TEAM AT BMGPM.”
RACHEL MENZIES, DYNAMIC MUSIC
Rachel Menzies, Director at Dynamic Music, added: “It’s been an honour to grow and market the Dynamic catalog over the years.
“I couldn’t imagine a better home for the business than with the brilliant team at BMGPM.”
“THE ACQUISITION BY BMGPM IS A HUGELY EXCITING MILESTONE IN THE JOURNEY OF OUR BUSINESS AND FOR OUR TEAM OF WRITERS. ITS FUTURE IS IN GREAT HANDS.”
SHAROOZ RAOOFI, DYNAMIC MUSIC
Sharooz Raoofi, Producer and Co-Founder of Dynamic Music, said: “Dynamic Music is dedicated to creating cutting-edge and forward-thinking music for media.
“The acquisition by BMGPM is a hugely exciting milestone in the journey of our business and for our team of writers. Its future is in great hands.”
H/T : Music Business Worldwide