Spirit Music Latino, a division of Spirit Music Group dedicated to Latin songwriters, artists and catalogs, announced Wednesday (June 26) it has acquired the assets of Prodemus Colombia, Billboard can exclusively reveal. Prodemus Colombia is one of the oldest and largest independent music publishers in Colombia and Latin America, consisting of approximately 12,500 compositions.
Established over 40 years ago, Prodemus Colombia is home to timeless cumbia and vallenato songs such as “La Gota Fria,” “Una Hoja en Blanco” and “Los Caminos de la Vida,” to name a few. The Latin music catalog also owns the rights to the majority of songs by salsa group Grupo Niche, including “Cali Pachanguero” and “Buenaventura y Caney.”
“This deal is consistent with our strategy of building a world-class Latin division,” said Jamar Chess, Spirit Music Latino co-founder, in a press statement. “The acquisition of Prodemus presents an opportunity for us to maximize our relationships with music supervisors and licensees to exploit this classic catalog of Latin music to a new generation.”
“The songs of Prodemus represent Colombia’s rich musical history and we are honored and privileged to be the stewards of this outstanding body of work,” added Spirit Music Latino co-founder Juan Carlos Barguil. “We will look to strengthen the cultural legacy the catalog represents across Latin America.”
With this new deal, Spirit Music Latino will add to its Latin repertoire some of Colombia’s most beloved songs and songwriters of all time, including hits by Carlos Vives, Julio Iglesias, Binomio de Oro, Los Tigres del Norte, Vicente Fernandez and more.
“I am confident that Spirit Music Latino is the best possible new owner of the catalogue. I look forward to seeing our writers thrive under their management,” said Prodemus Colombia president Guillermo Zea in a statement.
In 2016, the indie music publisher Spirit Music Group partnered with Latin music label and publisher Sunflower Entertainment Group to launch Spirit Music Latino. The Prodemus acquisition is the first Latin catalog Spirit Music Latino will own and administer.