Times Music Acquires Two Major Indian Labels Following Primary Wave Partnership
Times Music has acquired two prominent Indian record labels - ARC Musicq and Symphony Recording Co. - marking their first acquisitions since partnering with Primary Wave Music in 2023.
Music acquisition deals between Indian labels
Symphony Recording Co., established in 1983, is South India's leading Tamil spiritual and devotional music label. Their catalog includes:
- 350+ audio albums
- 100+ video albums
- Collaborations with legendary artists like Dr. Balamurali Krishna
- Nearly 2 billion YouTube views across 6 channels
- Doubled YouTube revenue in past 4 years
ARC Musicq, founded in 1985, specializes in Kannada music and has been distributed by Times Music since 2017. Key highlights:
- Produces 75% of A-grade movie soundtracks
- Focuses on film, devotional, and folk music
- 2+ billion YouTube views across 4 channels
- Quadrupled YouTube revenue in past 3 years
These acquisitions strengthen Times Music's position in:
- Tamil spiritual market
- Kannada music market
- Overall devotional music segment, which has seen 230% growth in streaming investment
"These acquisitions represent a major milestone in Times Music's growth journey," said Vineet Jain, Managing Director of Times Group. The company plans further expansion through premium partnerships and investments in legendary Indian music.
Times Music, established in 1998, continues to be a major player in Indian music, with particular strength in Punjabi and South-Indian markets. They maintain an exclusive global distribution partnership with Speed Records, the world's leading Punjabi music label.