ADA and Elegante Records Ink Global Distribution Deal 21 Nov 2024
Elegante Records and ADA, the global independent music distribution and artist services arm of Warner Music Group (Nasdaq: WMG), announced today a worldwide distribution agreement. This strategic collaboration combines the emerging talent of Elegante Records with ADA's expertise and international reach, further elevating the presence of regional Mexican music in the global market.
Founded in 2020 in Dallas, Texas by Manuel Del Villar and Gustavo Hernández, Elegante Records has quickly established itself as an innovative label in the regional Mexican genre. Its roster, which includes artists such as Conjunto Rienda Real, La Pócima Norteña, and Distinto Norte, has accumulated more than three million monthly listeners on major streaming platforms.
Cat Kreidich, President of ADA, said: "We've found great partners in Manuel, Gustavo, and the entire Elegante Records team. They share our passion for fostering new talent in regional Mexican music and are deeply invested in celebrating its rich cultural roots. Together, we'll continue to support and amplify the global reach of emerging talent, bringing fresh, authentic music to fans."
Alejandro Duque, President of Warner Music Latin America, commented on the partnership: "The partnership between Elegante Records and ADA strengthens WMG's commitment to regional Mexican music. Manuel and Gustavo's talent and vision, supported by ADA and Warner's global network, will open new avenues for these exceptional artists."
Gustavo Hernández, co-founder of Elegante Records, expressed: "ADA's trust in our project fills us with enthusiasm. This collaboration will allow us to expand the reach of our music and explore new opportunities in the global market."
Manuel Del Villar, also co-founder of Elegante Records, added: "Our alliance with ADA marks a turning point for Elegante Records. Their experience in the international market, combined with our dedication to regional Mexican music, will enhance our impact and help us nurture emerging talent in the genre."
Jesús Naranjo, Director of Business Development at ADA Latin, highlighted: "I've followed Elegante's journey from the beginning and have witnessed the development of great talent like La Pocima Norteña, Conjunto Rienda Real, and more from the ground up. Gustavo, Manuel and the team are growing the label in meaningful ways that artists can benefit from. We're honored to be supporting them."
This agreement adds to ADA's recent successes including a pair of Latin Grammy wins for El Plan (Best Tejano Album) as well as Rawayana (Best Pop Song) who also landed a GRAMMY nod for Best Latin Rock or Alternative Album. ADA supports stars such as Bellakath in Mexico, Ludmilla in Brazil, and GRAMMY winner Gaby Moreno, and has expanded in Latin America, including via partnerships with Sua Música in Brazil and renowned Mexican singer Alicia Villarreal, underscoring the company's commitment to the development of Latin talent in all its expressions.
Elegante Records, with its focus on musical quality and the celebration of Mexican roots, has achieved success both digitally and through tours in Mexico and the United States. This partnership with ADA promises to further expand their reach, bringing the richness of regional Mexican music to a broader international audience.
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THE HEADLINES
Stick or twist time – streaming’s innovation dilemma (see Comment)
UK Music releases annual economic report This Is Music 2024 (see Reports)
TikTok and ICE announce partnership to benefit songwriter members (see News)
The female music managers changing the industry’s tune (see Features)
Why Spotify’s growth in the Global South matters for the music industry (see Analysis)
Minister urges live music industry to introduce voluntary ticket levy to protect grassroots venues (see News)
Spotify reported continued subscriber growth (see Business)
Bill Ackman’s influence on Universal Music Group (see Analysis)
MMF publishes Management Deals Guide (see Reports)
Interscope: The making of a modern hit factory (see Features)
PRS for Music responds to accusations by PACE (see News)