Warner Music Finland acquires Mökkitie Records catalog

Warner Music Finland announced Friday the acquisition of Mökkitie Records' music catalog and associated publishing rights. This move brings artists such as Erika Vikman, Arttu Wiskari, and Olli Halonen under Warner's umbrella. Mökkitie Records was originally founded to publish Arttu Wiskari's work, and the company has collaborated with Warner Music for years, particularly concerning Wiskari's music.

The financial terms of the deal were not disclosed, but Warner Music Finland CEO Ramona Forsström described it as "significant" to HS. The acquisition means Mökkitie Records will cease its operations, although its studio and brand will persist. Many key figures from Mökkitie will continue their work within Warner Music Finland. Arttu Wiskari, for instance, has signed a multi-year artist contract with Warner, and Janne Rintala, a prolific songwriter for Wiskari and other Mökkitie artists, will remain with Warner's songwriting teams.

Mökkitie's CEO, Olli Saksa, stated that from the perspective of listeners and artists, not much will change. He explained that the acquisition provides a more secure future for the company within Warner Music. Saksa noted that the business has been highly profitable, with revenue more than tripling to over a million euros in five years, and operating profit reaching 158,000 euros in the 2025 fiscal year. The company, which previously had three employees, now has two, with the ownership expanding from three to four individuals, including producer Mika Laakkonen.

Saksa attributed the success to a large network of freelancers, including songwriters and live crews, and a successful division of labor. He mentioned that Mika Laakkonen joined to ensure continuity, particularly relevant given the onset of the COVID-19 pandemic shortly after his arrival. The acquisition integrates a successful, albeit small, operation into a larger global music entity, ensuring the continued development and distribution of its artists' music.

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