As a follow-up to DJ Black Coffee’s stake acquisition at Gallo Record Company (Gallo Music Investments – GMI), the label is now hooked on 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 established artists as a pathway to regional and international success.
The CCA and GMI partnership kicks off with the two entities partnering with artists on brand work, providing backend services for independent labels, developing, and launching continental artists.
We’re at the beginning of an industry revolution where African artists participate in structures to encourage new ways to monetise content,” says CCA CEO Antos Stella. “CCA has a footprint across the continent as an aggregator to the continent’s major Telco’s as well as a pipeline of established and emerging artists that will benefit from Gallo and its shareholder Black Coffee’s experience and guidance towards an equitable transformation.
Those relationships are crucial to developing continental stars and, ultimately, exporting them globally. “We’ve had the same 10 or 15 artists dominate the last decade, this partnership provides us the capacity to develop faster by leveraging technology and the CCA relationships,” Black Coffee explains.
Share your thoughts on this article and join the conversation on Twitter or Facebook.
