Cinq Music Group

{{Short description|American record label}}

{{Infobox website

| name = Cinq Music Group

| logo = Cinq Music logo.png

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| company_type = Subsidiary

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| foundation = 2012

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| location = Los Angeles, California

| location_country = United States

| incorporated =

| area_served = Global

| founder = Jason Peterson and Barry Daffurn

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| products =

| services = Music distribution, marketing, funding

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| native_clients = Apple Music, iTunes, Spotify, Amazon, Google Play, Vevo

| url = {{URL|cinqmusic.com}}

}}

Cinq Music Group is a record label, distribution, and music publishing business. It is a private subsidiary of GoDigital Media Group headquartered in Los Angeles, California, United States.{{cite web | last=Tencer | first=Daniel | title=Cinq Music invests in Street Mob Records, fortifying its position in regional Mexican genre | website=Music Business Worldwide | date=June 21, 2023 | url=https://www.musicbusinessworldwide.com/cinq-music-invests-street-mob-records-fortifying-its-position-in-regional-mexican-genre/ | access-date=December 23, 2023}}{{cite web | title=Mitú Acquired By Fellow LatinX Digital Media Purveyor Latido Networks | website=Tubefilter | date=February 21, 2020 | url=https://www.tubefilter.com/2020/02/21/mitu-acquired-by-latido-networks/ | access-date=December 23, 2023|first=Geoff|last=Weiss}} The company is divided into four divisions: recording, a record label, publishing, distribution, and catalog.{{cite web | title=More than music | website=Cinq Music | date=December 11, 2023 | url=https://www.cinqmusic.com/ | access-date=December 25, 2023}} As of 2022, it licenses approximately 47,000 recordings.{{Cite web |date=2022-04-19 |title=Cinq Music raises $100m from parent GoDigital to buy music rights, expand internationally |url=https://www.musicbusinessworldwide.com/cinq-music-raises-100m-from-parent-godigital-to-buy-music-rights-expand-internationally/ |access-date=2022-06-26 |website=Music Business Worldwide|first=Tim|last=Ingham }}

The GoDigital Media Group subsidiary was created in 2012{{cite web | last=Cobo | first=Leila | title=How a Latin Music Startup Landed Janet Jackson, As Other Distributors Broaden Their Horizons | website=Billboard | date=August 24, 2018 | url=https://www.billboard.com/music/music-news/how-latin-music-startup-landed-janet-jackson-distributors-broaden-horizons-8472067/ | access-date=December 23, 2023}} by Jason Peterson and Barry Daffurn.{{cite web | title=Cinq Music Group | website=Music Business Worldwide | date=January 17, 2021 | url=https://www.musicbusinessworldwide.com/companies/cinq-music-group/ | access-date=September 25, 2024}} At the time, it was GoDigital Media Group's largest acquisition.{{cite web |last=Ingham |first=Tim |date=September 4, 2020 |title=Cinq Music Group acquires Beluga Heights label, including Jason Derulo catalog, in eight-figure deal |url=https://www.musicbusinessworldwide.com/cinq-music-group-acquires-beluga-heights-including-jason-derulo-catalog-in-eight-figure-deal/ |access-date=December 26, 2023 |website=Music Business Worldwide}} In 2017, GoDigital Media Group invested $20 million into Cinq to expand to other genres.{{Cite web |date=2017-10-23 |title=No Limit founder Master P joins Cinq Music as President Of Urban Music |url=https://www.musicbusinessworldwide.com/no-limit-founder-master-p-joins-cinq-music-president-urban-music/ |access-date=2022-05-26 |website=Music Business Worldwide }}{{cite web | last=Rys | first=Dan | title=Master P Named President of Urban Music at Cinq Music: Exclusive | website=Billboard | date=October 18, 2017 | url=https://www.billboard.com/pro/master-p-president-urban-music-cinq-music/ | access-date=December 23, 2023}} Cinq's first major non-Latin project was in 2018, when it recorded and distributed an album for Janet Jackson. It also spent half of the $20 million in funding{{cite web | last=Ingham | first=Tim | title=Cinq Music parent GoDigital acquires Sound Royalties in ‘high eight-figure’ deal | website=Music Business Worldwide | date=September 13, 2021 | url=https://www.musicbusinessworldwide.com/cinq-music-parent-godigital-acquires-music-finance-company-sound-royalties-in-high-eight-figure-deal/ | access-date=December 23, 2023}} to purchase the recordings catalog of the rapper T.I.{{Cite magazine |last=Rys |first=Dan |date=2017-11-09 |title=Cinq Music Acquires T.I. Catalog, Plans 'Paper Trail' Reissue: Exclusive |url=https://www.billboard.com/music/rb-hip-hop/cinq-music-acquires-ti-catalog-greatest-hits-album-exclusive-8031071/ |access-date=2022-05-26 |magazine=Billboard }}

The parent company invested another $40 million into Cinq to acquire additional licensing rights in 2019.{{Cite web |date=2019-08-13 |title=Cinq Music raises another $40m to buy music rights in masters and publishing |first=Tim|last=Ingham|url=https://www.musicbusinessworldwide.com/cinq-music-raises-another-40m-to-buy-music-rights-in-masters-and-publishing/ |access-date=2022-05-26 |website=Music Business Worldwide }} That investment was subsequently used to purchased the Beluga Heights Record Label, including the catalog of Jason Derulo. Over time, Cinq expanded from being a Latin music distributor to a music label, creator, and rights management firm for a wider range of genres.{{Cite magazine |last=Cobo |first=Leila |date=2017-08-11 |title=Cinq Music to Expand Latin Operation With $20 Million Infusion From GoDigital |url=https://www.billboard.com/pro/cinq-music-to-expand-latin-operation-with-20-million-infusion-from/ |access-date=2022-05-26 |magazine=Billboard}}

GoDigital Media Group continued to invest in Cinq, funding $100 million in 2022 and $250 million in 2024, funding a series of acquisitions and acquiring catalog rights of the late producer Flow La Movie.{{cite web |last=Tencer |first=Daniel |date=May 9, 2024 |title=After raising $250m for acquisitions, Cinq Music buys catalog of producer Flow La Movie |url=https://www.musicbusinessworldwide.com/after-raising-250m-for-acquisitions-cinq-music-buys-catalog-of-producer-flow-la-movie/ |access-date=September 25, 2024 |website=Music Business Worldwide}}{{cite web | last=Peoples | first=Glenn | title=Cinq Music Lands Another $250 Million to Fund Acquisitions | website=Billboard | date=February 13, 2024 | url=https://www.billboard.com/business/business-news/cinq-music-raises-250-million-fund-acquisitions-1235606096/ | access-date=September 25, 2024}}