CREATE TAKES 50% STAKE IN ENHANCED MUSIC

The dance floor has gotten a little more crowded at Create Music Group, thanks to its taking a 50% stake in London-based Enhanced Music.

The Enhanced umbrella covers Enhanced Recordings, Enhanced Progressive, Colorize, Shapes of Solitude and Enhanced Chill. The company also controls the publishing rights to thousands of songs, including tracks by The Chainsmokers, Tiësto, Steve Aoki, Wiz Khalifa and Elley Duhé.

“I'm thrilled to be entering this partnership with CMG,” said Will Holland (pictured), who founded Enhanced in 2008. “Throughout this process it has been clear to us that we share the same key values and are dedicated to building the best companies in the business, where our artists and brands have all the support and tools they need to flourish."

Jonathan Strauss, founder and CEO of CMG, added, “Will has built an incredible legacy as a tastemaker and visionary in the electronic-music space, leading Enhanced to become a globally respected label and home for some of the most innovative artists. We are so happy to have Enhanced become part of the Create Music Group family.”