SG music platform BandLab acquires The Guitar Magazine, MusicTech

Photo from BandLab's Facebook page.

Singapore-headquartered music platform BandLab Technologies has acquired The Guitar Magazine and MusicTech, two of the UK’s popular music-making media brands, from Anthem Publishing for a still undisclosed amount.

The acquisition grows BandLab Technologies’ media portfolio and continues its commitment to empower music creators and connect music lovers, the company said in a statement.

“These brands will strengthen our vision to create a connected world of music and empower people everywhere to be creative,” says BandLab Technologies CEO Meng Ru Kuok.

Founded in 1991, The Guitar Magazine features in-depth equipment reviews, workshop features, artist interviews, and vintage coverage. It has teams in Singapore and the United Kingdom. MusicTech Magazine, on the other hand, focuses on the latest trends, technique, gear, and software within the world of music production.

The MusicTech and Guitar Magazine office remains in the United Kingdom. Marketforce will continue to distribute the two titles.

Key staff has also transitioned from Anthem Publishing to BandLab Technologies, including Chris Vinnicombe (editor, The Guitar Magzine), Joe Supple (Advertising Manager, The Guitar Magazine, Andy Price (editor, MusicTech), and Di Marsh (Business Development, MusicTech).

“We’ve been proud that both titles have encouraged people around the world in their love of music creation, recording and more, and we’re pleased that BandLab Technologies will now take the brands forward in the next stage of their evolution,” said Anthem Publishing founder Jon Bickley.

The acquisition comes a year after BandLab attempted to buy Rolling Stone, the iconic music and pop culture magazine. The company’s bid lost to Penske Media, the publisher that owns trade publications like Variety and WWD.

The Singapore firm bought 49 per cent of Rolling Stone in 2016 and had a right of first refusal for any offer for the rest of the magazine. However, Rolling Stone’s deal with Penske Media was structured as an investment, preventing BandLab from buying the whole magazine, according to a Recode report.

In September 2017, the company also acquired Chew.tv, a financially-struggling London-based livestreaming service for DJs. Chew.tv was rebranded as Chew by BandLab following the acquisition.

In 2016, BandLab also acquired MONO, the San Francisco-based design studio that creates high-end instrument cases, straps, and accessories for gigging musicians.

BandLab is a social music platform that enables creators to make music and share the creative process with musicians and fans. It combines music making and collaboration tools like the world’s first cross-platform DAW, with social features like video sharing, messaging and discovery.

Also Read:

Singapore music platform BandLab acquires UK’s livestreaming service Chew.tv

Rolling Stone’s Singapore shareholder wants to buy the magazine

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.