Business

Exceleration Music strikes strategic partnership and invests in catalog of indie label +1 Records


Exceleration Music has partnered with New York-based +1 Records, an independent record label that helped launch the careers of The Kooks, Anna of the North and The Heavy, among many others.

According to the press release announcing the agreement, Exceleration has invested in +1’s portfolio and the companies have also formed strategic partnerships through which Exceleration will provide resources and operational support to help powering up the upcoming releases of +1.”

However, Exceleration did not disclose the size of its investment, commenting on the nature of the deal, Charles CaldasPartners at Exceleration Music, said in a statement that, “Given the nature of Exceleration’s business, this agreement, of course, has an element related to the acquisition of rights.”

The statement continued: “But focusing on just one part of that multifaceted deal ignores a much larger and more important story, that Exceleration exists, as an official music company. , to empower and empower independent partners like +1 by providing them with the resources, capital, expertise, and tools to enable them to maintain their independence and control their destiny.”

Following the agreement with Exceleration, +1 co-founder and CEO Jonny Kaps will continue to lead the firm, while +1 co-founders Nat Hays Boas and Josh Swade have left to pursue opportunities. is different.

Meanwhile, Exceleration will provide support for distribution, marketing, operations, administrative services, etc. for past and future releases.

Previously, Exceleration established strategic partnerships with labels such as Mom+Pop Music, Kill a rock starand Hero Music Groupamong others.

The latest partnership will see Excalaration invest in new music from +1 artists Rejjie Snow, Nate Husser, Lo Village and Anna Shoemaker.

“From my first meeting with Jonny, it was clear to me that his passion, vision and artist-first ethos fit perfectly with our mission at Exceleration Music.”

Amy Dietzexcellent

“Jonny and the +1 team have built a vibrant and impactful label by focusing on artist development as well as agility and creativity. From my first meeting with Jonny, it was clear to me that his passion, vision, and artist-first ethos are in line with our mission at Exceleration Music,” said Exceleration Partner. , said Amy Dietz.

“I know that by combining the talented +1 team, with the expertise and resources of the growing and talented Exceleration team, together we will lead +1 and its artists to a bright future. . I’m really excited to have Jonny and +1 as part of the Exceleration family,” added Dietz.

“Our A&R prioritizes music and artists over data. I am delighted to be partnering with an independent company whose values, philosophy, strategy and resourcefulness reflect our own.”

Jonny Kaps’s +1 record

Jonny Kaps of +1 Records said, “+1 Records is always different. We are an independent record label from a management perspective that specializes in artist development.

“Our A&R prioritizes music and artists over data. I am delighted to be partnering with an independent company whose values, philosophy, strategy, and resourcefulness reflect our own.

“Together, we will become a great resource for independent artists. Our primary goal has always been and always will be to enable artists to become artists, supported by a passionate and creative team where the artist comes first.”

“Our investment in +1 highlights a key way that Exceleration serves the independent music community.”

Glen Barros, Excellent

Glen Barros, Managing Partner of Exceleration, added: “Our investment in +1 highlights a key way that Exceleration serves the independent music community.

“Jonny has done an excellent job of creating an innovative brand. We believe that, with our additional human and financial resources, he will be able to take the brand to the next level and beyond – beyond. We can’t wait to see what the future holds for this partnership.”

Global Music Business

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