International music icon DJ Black Coffee – through his company FlightMode Digital – has acquired a significant stake in Gallo Music Investments (GMI).
DJ Black Coffee has acquired a stake in Gallo Music Investments owned by the Lebashe Group.International music icon DJ Black Coffee — through his company FlightMode Digital — has acquired a significant stake in Gallo Music Investments .
Black Coffee’s new investment in the firm, the value of which is undisclosed, has been hailed as a coup by Lebashe chair Tshepo Mahloele, and paves the way to enhance Arena’s entertainment offering to consumers. “We are delighted that SA’s most extensive musical archives reside within Arena Holdings, and it is our intention to explore and reintroduce these amazing classical archives to our mainstream market, locally and globally,” Mahloele added.
“The music in the Gallo catalogue is some of the most culturally rich that has ever been created in this country. The partnership with Lebashe to invest in the catalogue, and masters, is more than just a business transaction — it’s about creating an environment in which artists and creatives have a truly equitable stake,” he said.
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