Production music licensing platform Slipstream has acquired Los Angeles-based music library Megatrax, which represents over 200,000 tracks and gives it direct sales operation in Latin America.
Financial terms of the acquisition were not disclosed.
Megatrax was founded in 1991 by Ron Mendelsohn and JC Dwyer, building a catalog of tracks created by professional composers, songwriters and musicians for film, TV and advertising.
Slipstream said a significant portion of Megatrax’s revenue comes from Latin America, where the company has maintained direct sales staff and regional client relationships.
“Megatrax brings established relationships and a catalog that reflects authentic, region-specific genres across multiple Latin American markets.”
Jesse Korwin, Slipstream
Jesse Korwin, Chief Revenue Officer of Slipstream, said: “Latin America is one of the most dynamic growth regions in media and brand marketing. Megatrax brings established relationships and a catalog that reflects authentic, region-specific genres across multiple Latin American markets.
“There is rising demand for culturally specific music across both traditional advertising, television, and digital streaming platforms, and this positions us to meet that demand at scale.”
Dan Demole, CEO of Slipstream, said: “This acquisition reflects our long-term consolidation strategy. Megatrax is a highly respected, composer-led catalog with decades of history in television, film and advertising.
“By integrating it into our proprietary licensing platform, we can modernize distribution, expand directly into Latin America, and improve Slipstream’s offering to our clients around the globe.”
Following the acquisition, Megatrax will continue to operate independently as it is integrated into Slipstream’s platform over the coming months.
For Slipstream, the Megatrax acquisition follows its purchase of Anthem Entertainment’s production music businesses, including Jingle Punks, 5 Alarm Music, and Cavendish Music, in October 2024.
“This acquisition reflects our long-term consolidation strategy. Megatrax is a highly respected, composer-led catalog with decades of history in television, film and advertising.”
Dan Demole, Slipstream
Following that, the company formed a strategic partnership with music publisher Kobalt in November 2024. With the Megatrax acquisition, Slipstream’s total catalog crosses 1 million tracks and spans North America, Europe, and Latin America.
Demole and Korwin founded Slipstream in 2021.
Pollen Street Capital provided financing to Slipstream for the transaction. Michael Katramados, Partner at Pollen Street, said: “Slipstream continues to execute a disciplined consolidation strategy.
The company is acquiring established catalogs and leveraging proprietary technology to drive operational efficiency and margin expansion. We believe this positions the platform for continued global growth.”
Music Business Worldwide
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