Create Music Group nets $450m to fuel expansion

A fresh $450 million war chest just pushed Create Music Group's valuation to $2.2 billion, bankrolling an acquisition spree that already burned through half a billion last year.

Create Music Group bags $450M in new capital

• Create Music Group pulled in over $450 million combined.
• That round pegs the LA company's valuation at $2.2 billion.
• Founders still hold the majority ownership stake.
• Ares Management, 2 Mile, and Flexpoint Ford are minority backers.

Acquisition binge topped $500M in twelve months

• Create dropped over $500 million on deals and advances recently.
• Monstercat, !K7 Music, and Cr2 Records all got scooped up.
• Catalog buyouts snagged Pack Records and Deadmau5's works.

Nettwerk deal anchors the expansion strategy

• Create Capital is funneling $300-plus million into Nettwerk Music Group.
• Nettwerk's Vancouver-based management keeps independent control.
• Create grabs the controlling position in Nettwerk's music IP.
• Jonathan Strauss calls it their platform-builder playbook in action.

Banking and leadership moves stack up

• Truist Securities and Banc of California co-arranged the financing.
• Mitchell Shymansky stepped in as Chief Data and Technology Officer.
• A joint-venture label with AI musician Xania Monet launched recently.
• Circuit Group's $500M-plus music fund has Create's backing.