The Italian office of FUGA has struck a global digital service deal with independent label and distribution company Planet Records.
The deal covers Planet Records’ core roster of Latin American and European acts as well as the many dozens of artists and labels distributed through its Planet Distribution service.
Planet Records’ label has released music by the likes of Daddy Yankee, Pitbull, Prince Royce, Omega, Gente de Zona, Nicky Jam, Romeo Santos, Osmani Garcia, Raulin Rodriguez, as well as licensing Latin star Aventura and Italian releases for the likes of Spice Girl Melanie C and Tears for Fears, reaching 19 Platinum and 15 Gold records certified to date.
Planet Records has operations in Miami, Napoli, La Havana, Milan, New York as well as Colombia and the Dominican Republic.
This deal marks a major milestone for FUGA’s recently opened division, having secured over 40 new clients in its inaugural year of operation.
“We’re very proud to be the latest member of the FUGA family. They are the natural choice to enable total independence for our distribution offering.”
Roberto Ferrante, Planet Records (pictured main)
Planet Records’ founder Roberto Ferrante said: “We’re very proud to be the latest member of the FUGA family. They are the natural choice to enable total independence for our distribution offering.
“For signed artists, FUGA’s technology allows us to maintain total control of product, directly from the recording studio to the final listener!”
“We are really happy to be partnering with Planet Records and it is another exciting step for FUGA Italy as we continue to establish our presence.”
Lorenzo Grignani, FUGA Italy
Managing Director of FUGA Italy, Lorenzo Grignani, added: “We are really happy to be partnering with Planet Records and it is another exciting step for FUGA Italy as we continue to establish our presence.
“We pride ourselves on our ability to deliver advanced and innovative solutions for rightsholders which help them successfully nurture their independence and thrive in the streaming era.”Music Business Worldwide