Slipstream, the main music licensing platform, has announced the acquisition of Anthem Leisure’s manufacturing music companies, particularly US-based Jingle Punks and 5 Alarm Music, and UK-based Cavendish Music. The acquisition includes of greater than 650,000 tracks, along with music manufacturing capabilities and now positions Slipstream as the biggest world unbiased music licensing platform.
The acquisition, facilitated by the financing and experience of Pollen Road Capital, has unlocked Slipstream’s potential to emerge because the market chief. Moelis & Firm acted as unique monetary advisor to Anthem Leisure on the transaction.
Dan Demole, co-founder of Jingle Punks and former President of Anthem Manufacturing Music Group, and Jesse Korwin, former Managing Director of Jingle Punks, based Slipstream in 2021. Now, with this new acquisition, they’re reclaiming their earlier companies, marking a full-circle second for each. This buy additionally underscores Slipstream’s formidable imaginative and prescient to redefine music licensing throughout TV, movie, promoting, gaming, social media, and types.
Slipstream takes management of three famend manufacturing music manufacturers: promotion music company Jingle Punks, 5 Alarm Music, the biggest unbiased manufacturing music library for movie, tv radio, and commercials in North America, and Cavendish Music, the UK’s oldest and largest unbiased manufacturing music writer, celebrated for its high-quality compositions and intensive catalog used throughout world media platforms.
Slipstream will proceed to supply creator-safe music for digital content material makers, in addition to increasing their providing for conventional movie, TV and promoting shoppers. Their platform now caters to content material producers and creators of all sizes throughout all the media panorama, from social content material creators and small companies to world manufacturers and enterprises.
Dan Demole, CEO of Slipstream, mentioned: “This acquisition is a homecoming for us. Jesse and I constructed each Jingle Punks and Slipstream on the muse of constructing nice music accessible to each kind of creator. We now have an unprecedented alternative to construct on the success of each manufacturers whereas main the subsequent wave of innovation in music licensing. With this huge catalog on our tech-enabled platform, we’re not solely the biggest unbiased participant within the area, but additionally probably the most modern.”
Jesse Korwin, Chief Income Officer of Slipstream, provides: “Our focus is to mix creativity with know-how, making it simpler for TV networks and producers, manufacturers, filmmakers, and creators of all sizes discover and license the right soundtrack for his or her content material. We’re excited to leverage our expertise in manufacturing music and our deep understanding of consumer must ship one thing really groundbreaking for the trade.”
Anthem Leisure has positioned Jungle Punks, 5 Alarm, and Cavendish Music again within the acquainted and succesful fingers of confirmed leaders within the manufacturing music and know-how area. Dan and Jesse already know these companies have a singular imaginative and prescient for his or her future as a part of Slipstream. Our perception in them as leaders and their distinctive imaginative and prescient is the explanation we’ve got additionally chosen to put money into Slipstream going ahead.”
Michael Katramandos, Companion at Pollen Road, provides: “We’re very excited to be partnering with the Slipstream crew and supporting them in a transformational acquisition that may create one of many market leaders in manufacturing music. Combining an enormous music library, contemporary tech and Dan and Jesse’s deep trade experience, makes this a really thrilling enterprise to be a part of and one that would contribute materially in reshaping an trade that’s evolving at a speedy tempo.”
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