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Rimas Entertainment, Home of Bad Bunny, Acquires ‘Significant’ Stake in Dale Play Records
Rimas Entertainment, Bad Bunny's label, has acquired a stake in Dale Play Records, home to Bizarrap. Fede Lauria will remain Dale Play's CEO.
Fede Lauria, the Argentine executive who founded Dale Play out of Argentina and grew the label to its current stature, will retain a smaller percentage of the company and continue as CEO. “This alliance is key to expanding our global reach and connecting with talent wherever it may be,” said Jonathan “Jomy” Miranda, president of Rimas Entertainment, in a statement. But, he adds, both labels have been “an essential part of the development of a cultural movement, and we’re in the process of shaping artists in Spain and Mexico that aren’t Argentine or Puerto Rican.
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