DENVER and SAN FRANCISCO, Oct. 16, 2013 /PRNewswire/ -- The EDM Network, LLC and Your EDM, LLC announced today that they have reached a definitive agreement for YourEDM.com to be acquired by The EDM Network.
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"With our past acquisitions, the goal was to expand the scope and musical variety of our network. Your EDM is different in that we are bringing an entire team into the fold," said Jason Muir, CEO of The EDM Network. "Your EDM has well over 30 writers and editors, as well as the calculated leadership of Your EDM's CEO, Elliot Sachs, a complete package that will prove invaluable in establishing the character of the network and in expanding our reach beyond artists, DJs and listeners."
Chief Operating Officer Ethan Baer shed more light on how the acquisition fits within the The EDM Network's expansion strategy.
"Your EDM is currently the most heavily trafficked electronic dance music news source in the world, and will serve as a strategic asset in expanding the reach and influence of The EDM Network. Their team focuses on delivering news, content and information faster and more reliably than anyone else in the industry."—"Your EDM provides a unique and powerful voice that will greatly benefit our network of sites."
The acquisition is the latest in a long line of electronic dance music-related purchases. In all, 8 properties have been acquired and developed by The EDM Network with several more planned throughout the coming months.
"Joining The EDM Network is the next logical step," said Your EDM CEO Elliot Sachs. "Our philosophy and vision for the future of EDM is a perfect match, and by adding the most trafficked EDM website in the world to the sheer musical strength of The EDM Network, we can accelerate the process of bringing that vision to life."
More information on The EDM Network:
- The EDM Network recently celebrated 200 million song plays across its extensive range of sites
- The Network has developed close working relationships with over 1,600 artists, ranging from internationally touring acts to extremely talented, undiscovered producers
- Property Listing: YourEDM.com, Dubstep.NET, House.NET, TrapMusic.NET, GlitchHop.NET, Moombahton.NET, DrumNBass.NET, FutureGarage.NET, Electro.NET, HardDance.NET, TheEDMNetwork.com, and more TBA Q4 2013 and Q1 2014.
SOURCE The EDM Network
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