In a significant move within the electronic music industry, Create Music Group has acquired the extensive catalog of renowned producer deadmau5 along with his label, mau5trap. This $55 million acquisition encompasses over 4,000 songs and includes both master recordings and publishing rights. The deal also establishes a joint venture aimed at releasing future content from both entities. Deadmau5 expressed confidence in this partnership, emphasizing its potential to elevate the music's reach and impact.

Deal Details and Future Plans

In an era marked by rapid changes in the music industry, a noteworthy transaction occurred recently. In the heart of the bustling electronic music scene, Create Music Group made headlines by acquiring the vast musical legacy of Joel Zimmerman, better known as deadmau5, alongside his influential label, mau5trap. The financial value of this agreement stands at an impressive $55 million, covering an expansive collection of over 4,000 tracks.

This strategic partnership extends beyond mere ownership. It introduces plans for remastering and re-releasing key pieces from the catalog, unveiling exclusive new content, and introducing the rich history of mau5trap to fresh audiences. The collaboration will delve into various media platforms, including gaming, virtual reality, and live-streaming, aiming to diversify revenue streams and expand the brand’s influence.

Eric Nguyen, Senior Vice President of Global Corporate Development and M&A at Create Music Group, played a pivotal role in orchestrating this deal. Legal guidance was provided by Paul Hastings LLP for Create Music Group and LaPolt Law P.C. for deadmau5 and mau5trap. Co-founder and CEO of Create Music Group, Jonathan Strauss, highlighted the significance of this acquisition, noting the profound impact of Joel's work on the evolution of music and technology.

Dean Wilson, deadmau5’s long-time manager, emphasized the strength of the mau5trap brand built over two decades and the excitement surrounding the future prospects with Create Music Group.

From a journalist's perspective, this acquisition represents more than just a financial transaction; it symbolizes a pivotal moment in the electronic music landscape. It underscores the enduring power of innovation and creativity in shaping the future of music. As the industry continues to evolve, partnerships like these set a precedent for how artists can leverage their legacies while embracing new technologies and platforms. This deal not only honors the past but also paves the way for exciting possibilities in the digital age of music.