Creative Capital Fund

Passionato buys America’s Musical Heritage Society


Classical music download store Passionato has acquired the Musical Heritage Society, one of America’s best known classical music record clubs. 


The Musical Heritage Society, which was founded 40 years ago, sells classical music on physical discs to subscribers, originally by mail order, and more recently online. The acquisition gives Passionato access to the Society’s hundreds of thousands of active members who may be converted to digital downloads.


It also gives access to the Society’s database of more than 100,000 recordings as well as thousands of titles in its own-label reissue programme.


Passionato was founded by James Glicker, a veteran of the American music industry who has worked in all aspects of the business in such diverse posts as first President of the Baltimore Symphony Orchestra, President of MusicNow (now part of Napster),  and head of worldwide marketing at BMG Classics (now part of Sony Classics).

AXM Venture Capital Limited is authorised and regulated by the FSA.

The Creative Capital Fund acts for the funds it is contracted to manage or advise and not for any other client. It will not act for or be responsible for providing investor protection to any other party. Entrepreneurs, co-investors and others working with the CCF should be aware of this and should not expect to be treated as clients of the CCF.

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