Spinnin’ Records Purchased By Warner Music GroupSpinnin Records

Spinnin’ Records Purchased By Warner Music Group

Today marks a seismic day for the music industry.. Spinnin’ Records, one of electronic music’s most successful and recognizable dance music labels, has been purchased by Warner Music Group, one of the three major labels, for $100 million. It seems there was also a bit of a tug-of-war for the label, with reports that Sony Music Entertainment and Believe Digital also made offers for the Dutch label.

Time will tell if the acquisition will change the style and output of Spinnin’ Records, though given their success — having helped launch the careers of Tiesto, Martin Solveig, Martin Garrix, Fedde Le Grand, and many others — it wouldn’t be a shock if Warner took a hands off approach.

H/T: DJMag

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