Dalton Industries Inc. to acquire Blue Soho Recordings music group.
Dalton Industries Inc., announced today that it has signed a letter of intent to acquire Blue Soho Recordings.
Kelly Lee Myers, President of Dalton Industries Inc., stated "We
have been in discussions with Blue Soho for almost a year now and our desire to
acquire them stems from our plans to integrate music into our business
operations as the company expands."
"We are incredibly excited about this agreement and the deal going forward. Being a part of Dalton Industries Inc., enables to us execute on various directives that we have been discussing for some time." said Mr. Kubilay Yigit, the founder of Blue Soho Recordings.
Myers continued by praising the efforts of Blue Soho Recordings, "Mr. Yigit and I see eye to eye on the future growth potential of BSR. This is evidenced already by his fantastic work done with the Blue Soho brand over the course of the last 5 years, making it one of the top rated dance music labels in the world."
Based in Istanbul, Turkey; Blue Soho Recordings is recognized and respected globally by dance music fans, DJs and producers alike for being incredibly consistent in releasing solid chart topping material. With over 800 musical works in its catalog the company has rapidly expanded artist rosters, A&R initiatives and continues to branch into different musical genres. Currently under the Blue Soho Recordings brand, the label has a total of 14 sub-labels or imprints with more in the development stage. Each imprint caters to a variety of different style of electronic dance music or more commonly referred to as EDM.
While the details of the final acquisition are not being revealed by either company at this time both citing logistical factors needing to be resolved, however Mr. Myers made it clear that both companies are working through these final details quickly.
"Our intention is to have Blue Soho Recordings integrated into Dalton Industries Inc., operating as a subdivision working closely with our interactive division formed late last year. Once the integration is complete, revenues from Blue Soho Recordings business operations will compliment those of the parent company." Myers continued by saying that revenue generation will be the focus for Dalton Industries Inc., as it releases product and that each of its operational divisions will contribute increasingly over the course of 2015.
For further information contact:
Kelly Lee Myers
President, Dalton Industries Inc.
info@daltonindustries.us
747-400-7425
Twitter: https://twitter.com/Dalton_VR_AR
About
Dalton Industries Inc., conducts research and development in
the Visual FX, Games and Digital Content Creation industries. Over the years it
has worked on a variety of feature film, television and game productions
creating pipelines, CG art and providing supervision and consultation services
in these areas.
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