Rimas Entertainment, the world's largest independent label, has acquired a significant stake in Dale Play Records, one of the leading Spanish-language music companies. This strategic partnership combines two powerhouses in Latin music while maintaining their commitment to independent artist development.

The partnership involves Rimas Entertainment, Dale Play Records, and Sony Music Entertainment, with Federico Lauria continuing as Dale Play's CEO. This collaboration builds on years of successful joint projects and a shared vision for Latin music's future.

Key aspects of the acquisition:

• Expands Rimas' global presence to Argentina, Mexico, Spain, and Uruguay
• Combines rosters including Bad Bunny, Arcángel, Bizarrap, and Duki
• Maintains creative independence while leveraging combined resources
• Strengthens both companies' ability to discover and develop new talent

Noah Assad, Rimas Entertainment CEO, emphasized their continued focus on authentic artist development, while Federico Lauria highlighted the shared values and vision between the companies. Sony Music's Afo Verde praised both executives as representatives of a new generation of innovative industry leaders.

This strategic move positions both companies to further expand Latin music's global influence while maintaining their independent spirit and commitment to artist development. The partnership creates a powerful platform for discovering and nurturing the next generation of Latin music stars while preserving each label's unique identity and approach to artist development.

With operations now spanning multiple continents and a combined roster of some of Latin music's biggest names, this partnership marks a significant milestone in the continued global expansion of Spanish-language music.

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