Universal Music Group is launching a new record label in partnership with airliner AirAsia that will focus on developing Asian pop stars. Called RedRecords, the company will have offices in both Los Angeles and Kuala Lumpur, Maylasia. Hassan Choudhury,…
Tag archives: Labels
mxmtoon Inks Broad-Reaching Publishing Deal with Kobalt
Kobalt announced that they have signed 19-year-old singer-songwriter mxmtoon, who is also known as Maia, to a wide-ranging publishing deal. The worldwide agreement includes administration, synchronization and creative support for the singer’s cur…
Desiigner Says He’s No Longer on Kanye West’s G.O.O.D. Label — Calls Kanye ‘Crazy’
During an Instagram live stream, the rapper Desiigner announced that he has obtained his release from Kayne West’s G.O.O.D. Music label and has once again become an independent artist. In the video, Desiigner — whose real name is Sidney Royel Sel…
Rapper Lou the Human Accuses Interscope Records of Making Scatological Demands
Rapper Lou the Human is accusing his label Intersonic Records of making scatological demands, which included asking him to urinate on a black baby in a video so that it could go viral. Lou the Human made this startling claim in a recent Twitter post, i…
Adult Mom Says Indie Label Tiny Engines Isn’t Paying Royalties — Or Even Sending Statements
Adult Mom is accusing her indie record label Tiny Engines not only of not paying her but also of using revenue from her releases to fund other artists at the label. In a long series of tweets, Adult Mom — whose real name is Stevie Knipe — says that Tin…
BMG Announces a 30,000 Square Foot LA Office Upgrade
BMG has announced that it will be moving its Los Angeles operations 7 blocks from its current facility, to a 30,000-square-foot space on the very same street: Wilshire Boulevard. This is just the latest of office moves for BMG, whose L.A. operations re…
What Plateau? Sony Music Quarterly Streaming Revenues Boom 21%
Earlier today, Sony Music reported its second-quarter financial results for 2019, with music streaming driving a sharp increase in revenues. In the period ending September 30th, Sony Music reported an operating income of 37.5 billion yen ($344 million)…
Sony Music Thinks the ‘Family Entertainment’ Market Is Untapped, Launches a New Label To Address It
Trying to capitalize on what it considers an “untapped” market, Sony Music UK is launching a label dedicated to children’s music. The new Sony Music UK label will be named Magic Star. Heading it will be Will Speer, who previously work…
‘Insecure’ Star Issa Rae Is Starting a Label With Atlantic Records
Acclaimed actress Issa Rae just announced a joint-venture label deal with Atlantic Records. The new company, which is called Raedio, also released its first single, which was recorded by singer-rapper TeaMarrr and called “Kinda Love.” The song has alre…
For Sale: 10% of Universal Music Group. Price: $3.3 Billion O.B.O.
Universal Music Group is having a very good year, and it might just get better. For those warning of an industry slowdown, Universal Music Group would beg to differ. The mega-label just released its year-to-date earnings for the first 9 months of 201…