Armin van Buuren co-founded label Armada Music, based in Amsterdam has set up a new parent company, Armada Music Group as it continues to grow through acquisition. Its latest acquisition is Netherlands-based label and publisher Cloud 9 Music. The new parent company which will encompass Armada’s label, publishing and investments arms. Last year, the label announced the BEAT Music Fund, which it described as the first-ever dance music investment fund and a plan to spend $100 million on catalog acquisitions in its first two years. Now, the newly formed parent company has annouced it’s planning am additional $500…
