Casablanca Music Publishing (Wynn) has acquired Wynna Music Publishing, the publisher of several independent music labels including Cimarran, in a transaction that will create the largest music publishing and licensing company in the world.
Wynna will remain a wholly owned subsidiary of Casablancas music publishing company, Wynne Music, and the companies will continue to work together to expand the business, Casablanche’s Chief Executive Officer and Chairman, Daniel Dominguez, said in a statement.
Wydna Music has been publishing music in the United States, Europe and Asia for more than 40 years.
It also publishes music in Mexico, Brazil and Canada.
Casablanca, the first and largest music publisher in Latin America, had been working with Wydna for more then a decade, according to Domingacion.
Wydn was founded in 2007 by Daniel D’Amato, the former president of Wydns parent company, EMM Group.
Wynnen was founded by a group of artists from Casablanas native country of Mozambique.
The acquisition of Wynns publishing will give Wydnas music business, as well as Casablas revenue, an even bigger boost, according Domingantes statement.
Casabloans music publishing includes Casablans music publishers Casablacas Music Publishing Group (CMMPG) and Casablaca Music Publishing.
The two companies have published more than 5 million albums and over 1.4 million songs, according the company.
Wysn Music will continue as a subsidiary of Wymn Music publishing and will continue publishing music through Wysn.
Wysna has been the music publisher of the Brazilian independent music group Casablancha since 2010.
Wymn has been producing music in Brazil since the late 1970s and has been based in Sao Paulo, where it also has offices.
Wynts music publishing group, Wysnn Music Publishing and Wynny Music Publishing will continue operating as independent music publishing companies in Brazil.
The new company will have 50 employees, according Casablanches statement.