Where there are high-potential markets for recorded music, there are global distributors opening offices and getting boots on the ground. The latest two examples concern Ingrooves and Symphonic Distribution.
Ingrooves has acquired South African distributor Electromode, which has a client list of more than 200 artists and labels. The UMG subsidiary will use Electromode as its entry into Africa, with the company’s MD Chris Ghelakis continuing in charge of the operation.
Elsewhere, Symphonic Distribution is setting up shop in Brazil to continue its expansion into Latin America. It has hired local executive Ian Martini Bueno to head its new office there, with the company already working with Brazilian artists like Liu, Krawk and Renato da Rocinha, not to mention Tropa do Bruxo, the trap label recently launched by football star Ronaldinho.
Image by Park Jae Beom / Shutterstock.com
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