Wave Rides With Capitol Music Group
• The Wave Music Group, one of the world’s leading independent Latin music labels, based in Puerto Rico and Miami, has signed a long-term distribution agreement with Capitol Music Group (CMG). The deal was jointly announced by Angelo Torres and Caleb Calloway, owners of The Wave Music Group, and CMG Chair & CEO Michelle Jubelirer. The first music under the new agreement comes from Puerto Rican rapper and songwriter Young Miko, whose first single under the new pact, “Lisa,” has already amassed more than 50 million audio streams and 20 million video streams, and has been utilized in more than three million TikTok UGC creations that have generated 475 million views.
Under terms of the agreement, CMG will also provide The Wave Music Group with a variety of services in support of its releases, supplementing the company’s robust in-house functions that have been built and developed since its founding in 2021.
According to Jubelirer and CMG President of A&R Jeremy Vuernick, Torres and Calloway “have built The Wave into a proven force for developing and breaking artists in the Latin Music space. Their entrepreneurial spirit and solid foundation, combined with CMG’s expertise and passion, will make for a great partnership in the years ahead.”
Torres said, “Caleb and I have always felt like creators of moments within our industry that have marked a before and after. Helping artists reach success is our number one priority.”
Pictured, (l-r): Sergio Vega, CMG Director of A&R; CMG’s Jeremy Vuernick & Michelle Jubelirer; Wave Music Group owners Angelo Torres & Caleb Calloway, and CMG President Arjun Pulijal [Photo credit: Lester Cohen]
