The Deals: Soundstripe Acquires Synch Platform The Rights, Sonny Fodera’s Label Re-Ups With ADA
Written by djfrosty on January 30, 2025
Soundstripe, the Nashville-based music licensing company for creatives, agencies and brands, acquired tech startup The Rights, which helps streamline the synch licensing process for labels, publishers and music supervisors. According to a press release, the deal will help Soundstripe “accelerate its development of the music industry’s most robust click-to-license platform,” which is slated to launch in the first half of this year.
Warner Music Group’s indie distributor and artist services arm ADA extended its partnership with Sonny Fodera‘s label Solotoko, which has also released music by Dom Dolla, John Summit and Tita Lau, among others.
Nashville-based Walk Off Entertainment inked a global distribution deal with Virgin Music Group. Walk Off Entertainment was founded by Chris Ruediger, who also founded the creative community/promotional outlet The 615 House. The first releases under the new deal are expected in the first quarter of 2025; the company’s client roster includes Gareth and Abby Anderson. – Jessica Nicholson
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Record label LASAL announced a strategic distribution and joint venture partnership with Capitol CMG, marking “a new era in the faith-based music industry and a significant milestone for both companies,” according to a press release. Capitol will act as a partner in signing and developing artists alongside LASAL. “In Spanish, LASAL translates to ‘The Salt,’ which adds flavor and restores balance within the body,” Samuel Ash, founder of LASAL, said in a statement. “That is our purpose: to restore balance in the music industry while allowing artists to freely express their creativity and faith without limits. Capitol CMG shares this vision, and together, we believe we can inspire and impact the world.” – Griselda Flores
Independent distributor IDOL signed global partnerships with two labels: Brooklyn-based Mexican Summer (Cate Le Bon, Hayden Pedigo) and Dom Recs, a new imprint launched by Dan Petruzzi and Roxy Summers that is gearing up for its first album release, Twin Shadow’s Georgie. Both labels will receive global digital distribution, marketing and audience development services under their respective deals.
Tuned Global, a leading cloud platform for the music industry, partnered with AudioShake in a deal that will give Tuned Global clients access to AudioShake’s AI-based tools, including stem separation and lyric transcriptions. AudioShake technology is now available to Tuned Global’s white-label streaming applications and via Tuned Global’s advanced APIs.
Ticketing and live event marketplace Tixr partnered with full-scale event production company Social House Entertainment. Through the pact, Social House will integrate Tixr technology to optimize ticket sales and allow it to better manage merch, VIP experiences and other event services while streamlining the ticketing process. Social House is behind the popular multi-city Tacos and Tequila Festival and other events.
Tickets for Good, which offers affordable event tickets to healthcare workers, teachers, charity staff and others facing economic barriers, expanded into the Netherlands following launches in the U.S. and the U.K. The launch is being supported by Greenhouse Talent, ID&T, Mojo Concerts and This is Live, as well as ambassadors Robbie Williams and MassiveMusic founder Hans Brouwer. Led by Simone van Hövell and Linda Holleman, Tickets For Good Netherlands encompasses more than 30 healthcare institutions, reaching over 150,000 healthcare workers.
Live Nation Urban partnered with Black on the Block, a monthly vendor festival that highlights Black-owned businesses. Through the deal, Black on the Block will expand to seven cities in 2025, kicking off March 23 at Global Life Field in Arlington, Tex. Other new stops made possible by the pact include Houston, Atlanta, Detroit and Charlotte, N.C.