Foreman Capital, an independent Dutch investment company, and the City of Amsterdam have both taken a substantial minority stake of €1.25 million in Fabchannel.
Fabchannel, an online entertainment company based in Amsterdam, has grown into a supplier for the production, distribution and promotion of audiovisual concert recordings. The accession of these two new shareholders will enable Fabchannel to intensify its production, commercial and promotional activities on an international level. The first move will be to open a London office and build HD video studios in pop venues in the UK, Germany, Spain and the US.
Fabchannel claims to be the largest live music platform in the world, with more than 800 full-length concert recordings permanently online and live webcasts of concerts from local concert venues Paradiso and Melkweg.
