UMG's Machete Picks Up 50% Of VI Music
MIAMI -- Machete Music, Universal Music Group's new urban Latin label, has acquired a 50% stake in VI Music, ELW has learned.
Puerto Rico-based VI, widely considered to be the most successful reggaeton label, is home to such acts as Don Omar and Hector y Tito.
In addition to the ownership stake, Machete will take over VI's marketing, sales and publicity functions. VI -- under founder and CEO Juan Vidal, who will remain involved in day-to-day operations -- will continue to operate as an A&R source, signing acts and producing albums.
VI releases will now be labeled as "Machete/VI Music." Distribution will remain with Universal Music & Video Distribution, which has handled VI since 2002.
VI has five titles in the top 30 of the Billboard Top Latin Albums chart, including sets by Daddy Yankee, whose label, El Cartel, has a distribution deal with VI Music.
Puerto Rico-based VI, widely considered to be the most successful reggaeton label, is home to such acts as Don Omar and Hector y Tito.
In addition to the ownership stake, Machete will take over VI's marketing, sales and publicity functions. VI -- under founder and CEO Juan Vidal, who will remain involved in day-to-day operations -- will continue to operate as an A&R source, signing acts and producing albums.
VI releases will now be labeled as "Machete/VI Music." Distribution will remain with Universal Music & Video Distribution, which has handled VI since 2002.
VI has five titles in the top 30 of the Billboard Top Latin Albums chart, including sets by Daddy Yankee, whose label, El Cartel, has a distribution deal with VI Music.
In addition, make sure to read these articles:
- UMG's Machete Picks Up 50% Of VI Music
- UMG's Machete Picks Up 50% Of VI Music
- Latin Notas: Sony Atv Signs Fonsi
- Mexico's RBD To Hit The Road For U.S. Tour
- Umvd Takes Distributor Lead In '03
- Teen soap `Rebelde' heats up Latin chart
- Latin Notas: Teen Soap 'rebelde' Heats Up Latin Chart
- Compilation Competition
- Pérez Takes Traditional Sounds To The Street
- Fusion feels fine to Monchy & Alexandra
- Women's movement
- Young soap star carries soundtrack to the charts
- Acts defy radio trends
- Latin Notas: Death Of Adán Sánchez Draws Widespread Grief
- Chayanne gets romantic
Machete Music, Universal Music Group's new urban Latin label, has acquired a 50% stake in VI Music, Billboard.biz has learned.
Reggaeton label storming Latin chart.
Latin music publishing continues to be on an exceptionally active run.
Mexican pop group RBD will embark on a 32-city U.S. concert tour March 17 at the Santa Barbara Bowl in Santa Barbara, Ca.
Buoyed by its new distribution deal with the leading Latin indie in the country, Fonovisa, Universal Music & Video Distribution (UMVD) has, as expected, taken ......
LEILA COBO ......
The letters RBD are not an acronym.
High-profile reggaetón compilations featuring many of the same acts are vying to distinguish themselves this holiday season—and carry sales into 2007.
Yolanda PÉrez is not the first bilingual, bicultural artist to blend traditional Mexican with urban American sounds.
LEILA COBO ......
LEILA COBO ......
LEILA COBO ......
LEILA COBO ......
Two months ago, when Adán "Chalino" Sánchez did not get an invitation to perform at Premios lo Nuestro, he shrugged it off: "Well, not this ......
LEILA COBO ......
Email
Digg It
del.icio.us
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© Copyright 2005 Nielsen Business Media, Inc. All rights reserved.
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.
AllBusiness.com, its parent company D&B, and its affiliates.
