ANote Music extends partnership with Lithuania HQ by adding Kaan Pars catalogue listing.
Luxembourg, 22 November 2023 - ANote Music (“ANote”), Europe’s leading marketplace for investing in music royalties, is pleased to further extend its partnership with Lithuania HQ, the influential EDM/dance record company. The next stage in this partnership brings a 12% share listing in the catalogue of Kaan Pars, the 22-year-old Slap House producer, to the ANote Music platform.
ANote Music and Lithuania HQ have already enjoyed success through the listings of the label’s share of Dynoro’s and TRFN’s catalogues. The latest step in this partnership sees more than thirty tracks by Turkish Slap House producer Kaan Pars, who has more than 80 millions streams on major music streaming platforms, listed on the ANote platform.
Pars is renowned for top hits and remixes including ‘Make Me’, ‘Summer Jam’, ‘Sexy Bitch’, and ‘Killa’, which have been played on festivals around the globe by some of the biggest names in the scene, including Tiesto and Martin Garrix. He currently has more than 300,000 monthly listeners on Spotify, with a global fan base spanning Turkey, Germany, Poland, and Australia. Pars has released tracks with labels including Musical Freedom Records, Spinnin’ Soave, Spectrum Recordings, and Lithuania HQ.
Lithuania HQ is an iconic label in the EDM music scene, with over 1.8 billion videos and 2.4 million subscribers on YouTube. The Kaan Pars catalogue, part of which is part of Lithuania HQ’s portfolio, has generated royalties averaging €31,964 annually in the last three years. With a total valuation of €145,500, the listing is set at an entry multiple of 7.00x over the last 12 months’ average royalties, resulting in an observed yield of 14.3%.
Lithuania HQ/Kaan Pars said: "I'm glad to be part of a collaboration in between LithuaniaHQ and ANote Music. I have a lot of trust in both teams looking at the previous success they both have achieved. I believe that this partnership will achieve great success too and I'm looking forward to be part of this adventure!”
Commenting on the listing, ANote CEO Marzio Schena said: “We’ve already enjoyed significant success in partnering with Lithuania HQ, and this latest listing of their catalogue is a show of faith in ANote and in our business model. The fact that Lithuania HQ has returned for several extended listings is proof that our services bring a lot of value to music industry players and help them to achieve their business goals.
Kaan Pars is renowned in EDM circles for a number of massive dance hits. This is another fantastic opportunity for our community to deepen their engagement with the world of music by investing into our latest exciting catalogue listing.”
The top 10 performing tracks included in the catalogue are:
- Kaan Pars - Summer Jam
- Kaan Pars, EMR3YGUL – Killa
- Kaan Pars, JKRS, Xd – Sexy Bitch
- Kaan Pars, GARRY B – Out of My Head
- Kaan Pars – Make Me
- Kaan Pars, Beatmount, Scott Rill – Take Me
- Kaan Pars - Umbrella
- Kaan Pars, Beatmount, Scott Rill, PANE - Alone
- Kaan Pars - Lights
- Kaan Pars, Chris Kent - Sweet Dreams (Are Made of This)
The Kaan Pars catalogue auction will commence on the 22nd November 2023: https://app.anotemusic.com/#/listings/22
About ANote Music
ANote Music is the European marketplace for investing in music royalties and was founded in Luxembourg by Marzio F. Schena, Matteo Cernuschi, and Grégoire Mathonet in January 2018. ANote Music has identified the power of music as the next big investment opportunity and created a bridge between the music industry and the capital markets.
ANote Music enables fans and investors to invest into the money generated by music rights, while enabling rights holders to monetise their music catalogues (at fair market terms). ANote Music has an investors community of more than 25,000 registered accounts in 62 countries around the world. ANote Music has an active trading platform market cap of €25m, with free float of €3.7m. ANote Music has made a royalty payout to its platform’s investors community every 8 days on average in the last twelve months.
