Leading production music platform Slipstream has acquired Los Angeles-based production music library Megatrax, expanding the Slipstream catalog to more than 1 million tracks, the company tells Billboard.
Launched in 1991, Megatrax represents more than 200,000 tracks by composers, songwriters and musicians for film, TV and advertising. The company will continue operating independently as it’s integrated into Slipstream’s platform.
“This acquisition reflects our long-term consolidation strategy,” said Dan Demole, CEO of Slipstream, in a statement. “Megatrax is a highly respected, composer-led catalog with decades of history in television, film and advertising. By integrating it into our proprietary licensing platform, we can modernize distribution, expand directly into Latin America, and improve Slipstream’s offering to our clients around the globe.”
Through the acquisition, Slipstream expands its presence in Latin America, where Megatrax generates “a significant share” of its revenue, according to a press release.
“Latin America is one of the most dynamic growth regions in media and brand marketing,” added Jesse Korwin, chief revenue officer of Slipstream. “Megatrax brings established relationships and a catalog that reflects authentic, region-specific genres across multiple Latin American markets. There is rising demand for culturally specific music across both traditional advertising, television, and digital streaming platforms, and this positions us to meet that demand at scale.”
The Megatrax acquisition follows Slipstream’s 2024 purchase of production music company Anthem Entertainment, including Jingle Punks, 5 Alarm Music and Cavendish Music.
In their own statement, Ron Mendelsohn and JC Dwyer, co-founders of Megatrax, added, “For more than three decades, Megatrax has been committed to providing our clients with high-quality music coupled with top tier customer service. Joining Slipstream positions our label for the future, allowing our catalog and composers to benefit from modern licensing infrastructure, global reach and a company built for the evolving needs of producers and brands.”
Financing for the Megatrax acquisition was provided by Pollen Street Capital. DLA Piper LLP served as Slipstream’s legal adviser. Megatrax’s legal adviser was Greenberg Glusker LLP, while its exclusive financial advisor was American Discovery Advisors LLC.
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