The first acquisition from the strategy is the catalog of Teddy Swims' songwriter, Infamous

Ryusuke (Ryan) Kamada, Brandon Silverstein and Spencer LeBoff of Avex Music Group Jeremy Jackson, courtesy Avex Music Group

Trending on Billboard

Avex Music Group said on Monday (April 27) that it plans to spend $100 million acquiring music copyrights, companies and publishing catalogs over the next 12 months.

Financed with capital from City National Bank, Avex said its first acquisition in the portfolio is the publishing catalog of Teddy Swims ’ collaborator and songwriter, Infamous, whose given name is Marco Rodriguez. Infamous’ work includes credits on Swims’ hit “Lose Control,” as well as songs performed by Lil Wayne and Charlie Puth .

Related

Avex’s ambitions are to build a portfolio of music IP to complement its frontline business.…