SonoSuite Partners with Dinastía to Accelerate Music Distribution Platform Growth
SonoSuite, a Barcelona-based music tech company, has secured a minority investment from Colombian company Dinastía Inc. The strategic partnership aims to enhance distribution opportunities and strengthen their existing client relationship.
Dinastía, which specializes in urban music and has a strong presence in the Latin American market, will provide both capital and valuable industry insights while allowing SonoSuite's founders to maintain majority control.
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SonoSuite operates a white-label platform that enables independent record labels and music distributors to:
- Deliver their music catalogs
- Manage royalty payouts
- Generate detailed reports
The company has established partnerships with key industry players including:
- SoundExchange
- Merlin
- PPL
- IFPI
- Worldwide Independent Network (WIN)
This investment comes at a strategic time as independent artists continue to gain market share in the music industry. SonoSuite competes in the digital distribution space alongside established players like Distrokid and Tunecore.
The company joined the 'Friends of Impala' initiative in 2023 to strengthen collaboration within the independent music sector. This move, combined with the new investment, positions SonoSuite for significant growth in the evolving digital music distribution landscape.
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