Global music giant Sony Music and India’s leading entertainment management company KWAN, announced a strategic joint venture and launched a new-age pop label called Big Bang Music.
The 50-50 joint venture leverages Sony Music’s expertise in the music business and its global reach and KWAN’s leadership in artist management and relationships with talent, brands and promoters.
Big Bang Music will develop a roster of stars to cater to the fast-growing Pop-Culture Market and serve the growing need from Digital Content Platforms, Brands and Live Experiences for new age celebrities and fans who are digital natives. From building their unique musical expression and persona to launching their own brands to growing their livecareer, Big Bang will do the 360 under the leadership of its Co-Founder/CEO – Gaurav Wadhwa. He comes with 14 years across consumer marketing and working with music and sports talent across pop culture brands like Pepsi, Mountain Dew, Red Bull, MTV and Saavn.
“We want to enable Independent artists to engage with fans through personal expression and future sounds that’ll impact Popular Culture in India beyond Bollywood and Cricket. Our approach will be Blockbuster and our play beyond Song and Video” – Gaurav Wadhwa, Co-founder, Big Bang Music
Adding on Vijay Subramaniam CEO and Co-Founder KWAN said, “We aim to give non-film music and artists a strong platform using the powerful infrastructure of Sony Music, KWAN’s integrated 360 degree agency network and Gaurav’s rich experience in the music content and marketing business. Big Bang will aim to shift the needle in the music business to create pop culture icons. We are supremely excited to embark on this journey with such passionate partners.”
“Together, we are going to accelerate artist development and pop music growth in the country. Big Bang will create new superstars and grow the pop music economy. In Gaurav and Kwan we have found the perfect complementary skill sets and together we aim to shape the future of the pop business.” – Shridhar Subramaniam, President India and Middle East, Sony Music.