There were already a few rumours that big companies we’re negotiating to buy Spinnin’ Records. Now a final agreement appears.
Musicbusinesswordwide.com tells that their sources said that Warner Music Group made a final deal with Spinnin’ Records. Spinnin’ is the biggest Electronic Dance Music labels in the world with over 18million YouTube Subscribers.
They say that the deal was closed with a price tag around 100$ million. We don’t expect that this will change much for listeners and artists of Spinnin’.
Spinnin Records’ is founded in 1999 by Eelko van Kooten and Roger de Graaf. They release music from Armand van Helden, Tiesto, Martin Solveig, Jay Hardway and much more.