Valleyarm announces partnership with PT Musica Studios, IndonesiaAugust 9, 2010
Valleyarm entered into an agreement for digital distribution with PT Musica Studios, Indonesia’s leading local music company.
The agreement will give Valleyarm access to Musica’s unrivalled catalogue and 55% market share of Indonesian music content, including Indonesia’s highest ever selling artists – Chrisye and Peterpan.
The Musica catalogue will be distributed by Valleyarm globally through ITunes, Amazon and Myspace Music, and is expected to significantly increase the Valleyarm’s revenue and earning potential.
The deal adds significant weight to Valleyarm’s position as the leader in South East Asia’s digital music landscape and strengthens its “Asia-Out” “Asia-In” model to monetise Asian content.
About PT Musica Studios
PT Musica Studio’s was founded by the late Yamin Widjaja in 1968 as Metropolitan Studio, and by October 1971 Metropolitan Records was re-named Musica Studios. From the 1960’s until today, Musica’s artist and repertoire includes the biggest names in the Indonesian music industry such as Chrisye, Iwan Fals, Java Jive, Kahitna, Trio Libels, Nike Ardila, Peterpan, Project Pop, Nidji, Letto, d’Masiv and many more. Highlights of the catalogue include Chrisye, still considered the biggest pop solo artist in Indonesia and Peterpan, Indonesias highest all time selling artist.
Tags: Indonesia, PT Musica Studios
