Gallo Music Investments with shareholder Black Coffee closes deal on Content Connect Africa
Following Arena Holdings' acquisition of South Africa's largest and oldest independent label Gallo Record Company (Gallo Music Investments - GMI), is now showing its interest in the future of the African music industry by partnering with Africa's biggest content aggregator, Content Connect Africa (CCA). The 45% equity transaction links Gallo's rich catalogue with CCA's technical capabilities and Pan-African reach to provide a platform for innovation for African Music.Together CCA and Gallo’s vision, built on its 95 years of experience, coupled with fellow shareholder Black Coffee’s global experience, will provide emerging artists with an opportunity to benefit from the slipstream of...