Exceleration Music Acquires Catalog of L.A.-Based Label Dangerbird Records

Exceleration Music has acquired the catalog of Los Angeles-based indie statement Dangerbird Records, the institution tells Billboard. Financial presumption of the woody were not disclosed.

Through the deal, Exceleration volition instrumentality power of Dangerbird’s catalog operations. This volition see promoting the catalog — which boasts astir 120 albums and much than 30 artists —through its organisation company, Redeye Worldwide, which Exceleration acquired successful 2023.

Founded successful 2004 by creator Peter Walker, who was known for his enactment with Eulogies and aboriginal Arthur King, Dangerbird focused connected the then-flourishing indie euphony country successful Los Angeles’ Silverlake vicinity and helped bring section artists including Fitz and the Tantrums (later upstreamed to Elektra Records), Silversun Pickups and Sea Wolf to nationalist attention. Later signings included Grandaddy, The Frights, Butch Walker, Matt Costa and Slothrust.

For the past 13 years, Dangerbird has been tally by Jenni Sperandeo, who joined the statement successful 2010. Sperandeo volition measurement down from her relation arsenic president pursuing a modulation period.

“It’s a imagination travel existent to find a location similar Exceleration to instrumentality implicit the bequest of Dangerbird,” said Walker successful a statement. “It’s been a chaotic thrust implicit the past 20 years, and I’m grateful for Jenni’s enactment that has enabled the marque and the creation it champions to go thing of lasting value.”

Added Sperandeo, “Dangerbird was founded with seasoned creator improvement instincts, hustle and ambition. When I arrived successful 2010 the institution was astatine the cusp of a caller epoch and I americium arrogant of the enactment we did to enactment the artists and steer the marque amidst profound manufacture change. I americium grateful to Peter Walker for the accidental and thrilled to spot the catalog passing into experienced autarkic assemblage hands with Exceleration Music Partners.”

In her ain statement, Exceleration Music spouse Amy Dietz said, “We are passionate astir preserving, celebrating, and amplifying the legacies of astonishing autarkic labels and artists and Dangerbird is simply a premier example. I’ve had the privilege of moving with Dangerbird and their artists astatine antithetic times successful my career, and we each stock a heavy appreciation for their creativity and dedication. We’re honored to beryllium entrusted with the work of continuing to stock their communicative into the future!”

Exceleration, whose stated ngo is to enactment indie labels’ maturation portion giving founders who privation to measurement distant from the businesses an “honorable exit,” was founded successful January 2021 by 5 executives with extended acquisition successful the indie euphony world: erstwhile Concord Music Group CEO Glen Barros; erstwhile Concord Records president John Burk; erstwhile Merlin CEO Charles Caldas; erstwhile Ingrooves wide manager Dietz; and erstwhile Epitaph Records wide manager Dave Hansen.

This is conscionable the latest woody for Exceleration, which has antecedently acquired oregon invested successful indie labels including +1 Records, Alligator, Bloodshot, Cooking Vinyl, Kill Rock Stars, Mom+Pop, SideOneDummy, The Ray Charles Foundation/ Tangerine Records and Yep Roc Records.