Thursday, June 7, 2018
Kobalt's AWAL Acquires In2une Music
Over its 10 year history, In2une Music has worked with artists including Chance The Rapper, Diplo, Lauv, Marshmello, AJR, The Lumineers, Cheat Codes, Calvin Harris, Lindsey Stirling, Capital Cities and Major Lazer.
AWAL CEO Lonny Olinick said: “Investing in services for independent-minded artists, managers and labels has been the number one focus for us. With in2une’s unparalleled track record in radio promotion, we took an important step forward in cementing AWAL as a comprehensive alternative to the label system. The in2une team will be stronger than ever to serve existing and future clients. And AWAL artists will now have all the key services at their disposal to reach new fans around the globe, across different platforms, while owning their music and career.”
In2une CEO, Dale Connone, added: “Having worked with Kobalt and AWAL for over four years, this is a natural evolution. We share the same vision for independent artists and the services business along with integrity and transparency. We look forward to contributing to the growth of in2une and AWAL as we continue to build the future model of our industry. I want to thank Willard Ahdritz, Lonny Olinick and Ron Cerrito for sharing their belief and passion in crafting this unique deal."
Specific terms of the deal were not disclosed, according to MusicWeek.
Posted 4:31:00 AM