Lithuania HQ joins ANote Music as it lists Dynoro’s ‘In My Mind’ and other top hits up for auction
Luxembourg, 05 June 2023 - ANote Music (“ANote”), Europe’s leading marketplace for investing in music royalties, is pleased to announce a partnership with Lithuania HQ. This new collaboration between ANote and the influential EDM/Dance record company brings 10% the label’s share - which is valued at a total worth of €990,000 - of DJ and producer Dynoro as an exciting opportunity to music enthusiasts and investors, including the popular festival hit ‘In My Mind’ which was co-created with none less than Gigi D’Agostino.
Lithuanian EDM producer Dynoro achieved worldwide success with his bouncy, pop-friendly dance music, which is sometimes referred to as ‘Slap House’. He earned multiple gold, platinum, and diamond certifications for his mashup of ‘In My Mind’, which took the world by storm in 2018 and for which he collaborated with Italian superstar Gigi D’Agostino. His subsequent releases have included 2019 collaborations with Alok for ‘On & On’, Fumaratto for ‘Me Provocas’ or ‘Obsessed’ together with Ina Wroldsen and in 2021 he released the mega-production ‘Monsters’ with rapper 24kGoldn, all tracks that are included in Lithuania HQ’s catalogue listing on ANote Music.
Edvinas Pechovskis, better known as Dynoro, says: “I’m very excited to announce that my management team at Lithuania HQ has launched an innovative partnership with ANote Music. It is cool that this distinctive platform offers music fans the chance to secure a piece of my musical creations. It’s important to mention that the rights to the tracks that are listed, originate directly from Lithuania HQ, yet I’m really looking forward to joining the community myself and embarking on this new adventure and platform in the future.”
Lithuania HQ, the transferor of this catalogue, is a well-established entity in the EDM scene. Over the years, it has grown into an iconic and influential trademark among music fans. This independent record label, headquartered in Dubai, has an impressive track record of over 300 million monthly streams across various Digital Service Providers (DSPs) like Spotify, YouTube, and Apple Music. Since its inception, Lithuania HQ has generated a staggering total of over 10 billion streams. Their track record extends to over 1.8 billion views across their 700+ video productions on their YouTube channel. Known for its dark, edgy, and controversial sound and captivating music videos, Lithuania HQ stands as a true pioneer, influencing the dance scene worldwide, with a significant presence in Europe. Their roster boasts global stars like HVME, Lucky Luke, Gaullin, Otnicka, Ed Marquis, and of course, Dynoro himself.
Daumantas Vinkevicius, CEO and Head of Investments at Notebank, an intellectual property management firm overseeing Lithuania HQ, says: "We are delighted to announce our partnership with ANote Music. As a record label, we consistently seek innovative solutions within the industry, and collaborating with ANote Music was an obvious choice for us. We started this partnership by listing 10% of our share in Dynoro’s success and we will gradually add more of our catalogue to ANote’s platform. We will start by bringing a bigger portion of Dynoro’s catalogue to the market as we’ve seen how well the market welcomed this listing. It’s certainly possible that we would look to further extend our partnership and the offering with the catalogues of other artists in our roster."
Marzio F. Schena, founder and CEO of ANote Music, says: “Partnering with an established player like Lithuania HQ is of course a big and exciting step forward for our marketplace. ANote Music is all about making music even more valuable to even more people and our clear goal is to do that with long term partnerships, as music rights have a long life of their own. The Lithuania HQ repertoire is pretty impressive and includes many mega hits that will sound very familiar in the ears of our investor community. Look at this auction for Dynoro’s music for example, it’s so satisfying as an investor to know that you can generate passive income from a track like ‘In My Mind’ that we all heard - or danced to - at some point in our life.”
As the leading European player to democratise the accessibility to music royalty investment, ANote Music offers entrepreneurial music rights holders the chance to retain their independence through listing a portion of their music royalty interest up for auction. In return, investors and music fans alike can directly own shares of their favourite hits, and then trade and exchange these shares with other investors on ANote Music’s innovative secondary market.
The opportunity, for which Lithuania HQ is listing 10% of their share in the music productions of Dynoro’s royalty income, will be listed for the entire Life of Rights on the ANote Music platform and will give investors the right to receive passive cash flows. In the coming weeks and months, Lithuania HQ will be listing a bigger percentage of the catalogue through ‘Direct Listings’ on ANote’s secondary market.
For more information about this exciting opportunity, visit: https://www.anotemusic.com/catalogues/dynoro-lithuania-hq or contact ANote’s team at firstname.lastname@example.org.
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 publishers, record labels, and artists to sell music rights, introducing them to a new system of financing, as well as offering users a new investment opportunity and the chance to own shares in promising artists. In January 2020, ANote Music closed a €500,000-plus funding round, led by the European music industry’s foremost players. ANote Music is also supported by Luxinnovation, the Luxembourg national innovation agency, providing access to government funding for the startup.
For more information, visit www.anotemusic.com