The Wave Music Group, based in Puerto Rico and Miami and one of the world’s leading independent Latin music labels, has signed a long-term distribution agreement with Capitol Music Group (CMG), it was announced today by The Wave Music Group owners Angelo Torres and Caleb Calloway 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 myriad 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, Angelo and Caleb 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.”
The Wave Music Group was formed by Torres and Calloway in 2021 with the purpose of breaking from tradition in the Latin Music market and guiding their artists to the highest levels through innovative and unusual projects. Torres has been a manager for top Latin talent for many years, representing Mexican-born singer, songwriter, and performer Mariangela and Puerto Rican rapper Alvaro Diaz, among others. He was also an A&R Director for Magnus Media, the company founded by international music icon Marc Anthony and veteran talent agent Michel Vega. Torres also worked as the A&R director on the Grammy award winning album “Dharma” by Sebastian Yatra. Calloway has amassed more than 22 billion streams across his many production credits, which includes work with such internationally famous artists such as Bad Bunny, Sebastián Yatra, Rauw Alejandro, Anuel, Arcángel, Sech, Álvaro Díaz, J Balvin, Zion & Lennox and The Martinez Bros, among others. He has served as a producer on three Grammy award winning albums including “El Último Tour del Mundo” by megastar Bad Bunny, awarded Album of the Year and Best Urban Music Album in 2021, and “Dharma” by Sebastian Yatra, awarded Best Latin Pop Album in 2023. Calloway is the producer of the new single “Panties y Brasieres” by Rauw Alejandro and Daddy Yankee, which continues to impact globally.
The duo’s latest discovery is Young Miko, whose first EP in 2022, Trap Kitty, featured the hits "RIRI", "Vendetta", "Standard", and "Puerto Rican Mami". With the release of "Lisa", Young Miko surpassed 30 million streams and achieved significant milestones such as being the first Puerto Rican female artist to enter the top 200 of Spotify’s Top Artists Global chart with a solo song, peaking at #150. In addition, her latest collaborations include “Cuando Te Toca” with Yandel, "Brinca" with Cazzu and “Classy 101” with Feid, the latter reaching #30 on Spotify’s Top Songs Global chart. "USA Tour" sold out in 12 markets, which included a performance in front of 20,000 people at the Coca-Cola Flow Fest in Mexico. Young Miko's incredible rise in the music world has been fueled by the combined efforts of her 1k Collective team, creating a wave of innovation and impact in the industry. She has quickly become one of the most acclaimed youth rappers locally and internationally, earning an invite from Bad Bunny to the Puerto Rico Coliseum during the latter’s Un Verano Sin Ti concert. The artist also captured the attention of Karol G resulting in an invitation to perform alongside the superstar at the Hiram Bithorn Stadium last month. Together they delivered an unforgettable performance, captivating a massive crowd who reciprocated Young Miko’s energy singing along to her hit single “Riri”.