Armada Music, Armin Van Buuren‘s music label, just announced the launch of investment company BEAT Music, with plans to spend $100 million on M&A in its first two years. BEAT, which stands for “Best Ever Acquired Tracks,” has already announced two acquisitions. As a matter of fact, it acquired the master recording rights of Detroit techno legend Kevin Saunderson‘s KMS Records and Russian DJ ARTY.
Financing for BEAT Music will come from Pinnacle Financial, a Nashville-based financial services firm with $42 billion in assets as of the end of 2022. In the longer run, Armada, which reports generating 1 billion streams…
