DJ Black Coffee has acquired a stake in Gallo Music Investments.


DJ Black Coffee has acquired a stake in Gallo Music Investments.

House music maestro DJ Black Coffee has acquired a big stake in SA’s largest and oldest independent music label, Gallo Music Investments. Both parties announced the deal inked through Black Coffee’s investment company FlightMode Digital – for an undisclosed amount – during a joint statement on Wednesday afternoon.

This comes after Gallo was in March bought by Lebashe Investment Group from Tiso Blackstar for R75m – incorporating it into news and entertainment business Arena Holdings. this is often the primary of the many moves we are performing on to vary the landscape of both the South African and African music industry,” Black Coffee said.

“The music within the Gallo catalogue is a few of the foremost culturally rich that has ever been created during this country. The partnership with Lebashe to take a position within the catalogue and masters is quite just a business transaction – it’s about creating an environment during which artists and creatives have a very equitable stake.

“It is additionally the start of an industry revolution where African artists are a part of structures that are fair and encourage new ways to monetise content.”
Gallo has been within the music business for 90 years and it’s synonymous with big artists like Lucky Dube, Dorothy Masuka, Ladysmith Black Mambazo, Stimela, Sipho Hotstix Mabuse and Mango Groove.

“We are delighted that South Africa’s most extensive musical archives reside within Arena Holdings, and it’s our intention to explore and reintroduce these amazing classical archives to our mainstream market, locally and globally,” said Lebashe chairman Tshepo Mahloele. The collaboration with internationally renowned DJ Black Coffee will inaugurate a replacement era for the South African music business on a worldwide scale.