Axwell’s influence on the electronic dance music scene is undeniable. From his groundbreaking work with Swedish House Mafia to the success of his label, Axtone Records, he has been a driving force in shaping the genre. However, recent reports suggest that Axwell has officially stepped away from Axtone, selling the label to Pophouse Entertainment.
Over the years, activity at Axtone has noticeably slowed, with fewer new releases and anniversary compilations. Now, with little public announcement, Axwell appears to have finalized his departure, transferring ownership of the label to Pophouse Entertainment. Known for its investments in artists’ catalogs, Pophouse manages the works of major acts such as Kiss, Avicii, and Swedish House Mafia, making this acquisition a strategic addition to its portfolio.
Official records from UK Companies House reveal that the sale took place on November 22, 2024. Axwell has since resigned from his role at the label, marking the end of an era for Axtone. While details about the label’s future remain uncertain, fans and industry observers are eagerly awaiting updates on what lies ahead for the iconic imprint.