Jun 27, 2024


In the News

ICM Crescendo Music Royalty Fund Adds DVBBS’ hit EDM Song “Tsunami” to Portfolio

(June, 2024 — Calgary, Alberta) – ICM Crescendo Music Royalty Fund is pleased to announce a partial acquisition of a music catalogue from the famed Canadian electronic duo, DVBBS, including the rights to the sound recording of their 2013 international anthem, “Tsunami”.

Formed in 2012 by van den Hoef brothers, Chris Chronicles and Alex Andre, the Ontario duo has solidified their place as powerhouses in the international electronic dance music scene. For over a decade their dynamic performances have captivated audiences worldwide, and solidified DVBBS’ place among the top electronic acts globally.

Their hit track, “Tsunami,” a collaboration with Borgeous, quickly garnered international acclaim with platinum status in Canada, and gold certifications in the United Kingdom, and Germany. On top of these impressive accolades, “Tsunami” reached number #1 on the UK Singles Chart, number #3 in Germany, and enjoyed charting positions in Canada — further showcasing the track’s universal appeal. Beyond “Tsunami,” DVBBS produces tracks that are consistently played at major music festivals around the world, and earn millions of monthly listeners on the most popular streaming services today. 

“We are exceptionally pleased to bring part of DVBBS’s catalogue, highlighted by ‘Tsunami,’ into our portfolio. This acquisition not only celebrates the global achievements of Canadian music talent, but also reinforces our strategy to invest in music that has a lasting impact and broad appeal. DVBBS’ achievements highlight the incredible talent coming from Canada. Their music is a great example of the high-quality and widely loved works we offer our investors.” said David Vankka, lead Portfolio Manager of ICM Crescendo Music Royalty Fund.

About ICM Crescendo Music Royalty Fund

ICM Crescendo Music Royalty Fund provides investors with an attractive, diversified and long-term revenue stream of royalties by investing directly and indirectly in musical and entertainment intellectual property rights in the form of music royalties.

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