Warner Music Group has signed a deal to acquire the recorded music catalog and artist roster of Gold Typhoon Group, one of the largest independent music companies in Greater China. The deal was formally announced Monday (April 28) and is due to be completed by the summer. Financial terms were not disclosed.
Gold Typhoon Group was founded in 2003 and has a catalog of over 600,000 Chinese and international songs, including repertoire from Taiwanese artists David Tao, multi-million selling pop vocalist Ah Mei and boy-band Lollipop, as well as mainland Chinese artists Xu Wei and Malaysian artist and producer Eric Moo. The company’s current roster is led by Mandarin star Khalil Fong and Cantonese female singer Kay Tse, as well as breaking artists such as Tia Yuan and Sean Zhang. According to industry sources, Gold Typhoon Group represents approximately 3.5% of the Chinese market.