Record Labels
Page: 3
TAMLA Records, the Nashville-based reprise of the storied label founded by Motown Records icon Berry Gordy, is announcing its official re-launch. Having set the goal “to redefine the Christian music landscape,” TAMLA operates under the Motown Gospel/Capitol Christian Music Group banner and is helmed by Walter Thomas, senior vp for Motown Gospel & TAMLA.
“Our mission is to champion, uplift and inspire new generation cutting-edge artists,” Thomas tells Billboard, “by providing a platform to connect their music with fans around the world through innovation and culture. TAMLA is the new home of positive music.”
It was initially announced in 2023 that TAMLA — Gordy’s late ‘50s precursor to Motown — would be revamped as a “mainstream imprint specializing in positive R&B and hip-hop music.” The first partner signed then to the reimagined TAMLA was Thomas “Tillie” Mann and his label Encouragement Music. However, the early 2024 reorganization of Universal Music Group delayed TAMLA’s formal relaunch.
Trending on Billboard
Also working alongside Thomas at TAMLA will be Rodney “Darkchild” Jerkins. The Grammy Award-winning songwriter/producer has partnered with TAMLA to sign and develop emerging talent under his imprint, EVOLVE Music Group.
Rodney Jerkins / Credit: Andre St. Louis
“The history of TAMLA is very important,” Jerkins tells Billboard. “People need to know what TAMLA meant then but more importantly what it will mean now. To have the chance to help continue the legacy of what the great Berry Gordy started is what really prompted my decision to partner with TAMLA. We have a great opportunity to find new artists that can help continue its rich legacy.”
“I want to help bring to the world some cutting-edge Christian and gospel music,” added Jerkins. “I’ve always felt it should co-exist with mainstream. So my goal with Walter and Brad [O’Donnell, president of Capitol Christian Music Group] is to discover talent that we feel could do just that.”
In addition to the aforementioned Encouragement Music and its artist EmanuelDaProphet, TAMLA’s current roster now includes Childlike CiCi, Jordan L’Oreal and Lee Vasi. The label has also entered into a partnership with AMG Music Group (Anderson Music Group). Thomas’ label team at TAMLA includes senior director of A&R Alex Dollar, senior director of marketing Justin Tomlinson, director of A&R Justin Pearson and project manager, marketing Brianna Dowd.
“Right now, more than ever, I think we all need hope,” says Thomas. “And this music gives a lot of hope and uplift. It isn’t front tier in a lot of people’s minds because it’s religion-based. But if they can get past religion-based and get caught up in the whole messages that this music gives, people will connect more.”
“The more opportunities and platforms that these artists get on, I think people will want to hear it,” continues Thomas. “They just don’t know that it’s out. The main goal right now is to position these artists to be front and center so they can work in general market settings as well.”
Fernando Cabral de Mello has been named CEO of Sony Music Entertainment Brazil, Sony Music Latin Iberia announced on Thursday (March 27). His appointment comes as part of a new organizational structure for Sony’s operations in the country. The “newly unified entity” will encompass Sony Music Brazil, Som Livre and also oversee the joint venture […]
In 2023, Grammy-winning producer Daniel Nigro founded his independently-funded Amusement Records primarily as a home for a then-independent Chappell Roan to release the album they made together, The Rise and Fall of a Midwest Princess.
Roan at the time had been recently dropped by her former label, but as Nigro told Billboard when announcing Amusement: “I was so in love with everything that we were doing. I believe in [Chappell] so much that I was like, ‘Do I want this added stress in my life? Is it worth it? Yes.’”
And it sure was. Last August, almost one year after her debut album’s release, The Rise and Fall peaked at No. 2 on the Billboard 200. The following month, she scored her highest-charting Hot 100 hit with “Good Luck, Babe!” And this February, Roan won the Grammy for best new artist.
Trending on Billboard
Now, on Wednesday (March 26), Universal Music Group and Nigro announced an expanded partnership with Amusement following the knockout success of Roan and building on the producer’s long-term creative relationship with superstar Olivia Rodrigo (who is signed to UMG label Geffen/Interscope). Going forward, Amusement will operate as a label venture within UMG, allowing new signees to partner with any of UMG’s labels.
“Daniel embodies the type of creative brilliance and entrepreneurial spirit that is at the heart of UMG,” UMG chairman and CEO, Sir Lucian Grainge, said in a statement. “I can’t wait to hear the culture shaping music and artists [he] will bring next to our global family.”
Since Nigro founded Amusement, he and Roan have both celebrated new highs. The Rise and Fall of a Midwest Princess spawned six Hot 100 hits, including the top 10 smash “Pink Pony Club.” Meanwhile, Nigro earned his second Grammy for producer of the year at the 2025 ceremony for his work with Roan, Rodrigo and the soundtrack for The Hunger Games: The Ballad of Songbirds & Snakes. (His first win was for Rodrigo’s debut album Sour.)
“After 6 years of working almost exclusively with the various labels [and] artists under Universal, it made perfect sense to make the relationship more formal,” Nigro said in a statement. “I want Amusement Records to be a place where artists can feel comfortable growing and developing at their own pace but with all the real resources needed to thrive and succeed.”
“Also,” he added, “a place where I can have the freedom to help choose the right team each time for the artist. I know in my heart that the people at Universal understand this, and I am beyond excited about what’s to come.”
On Sunday (March 23), two days after a South Korean court ruled that ADOR, an imprint of K-pop giant HYBE, retains the right to manage the groundbreaking girl band NewJeans, the five-member act performed its first and possibly only concert in Hong Kong under a new moniker, NJZ — a result of its attempt to break free from the label. After debuting a new song, “Pit Stop,” the group announced to the sold-out crowd that it was going on hiatus “out of respect for the court’s decision.”
The pronouncement added another twist to a nearly year-long battle between HYBE-owned ADOR and its biggest act, who allege they were mistreated by the label. (ADOR disputes these claims.)
Trending on Billboard
It’s a fight that could have industry-wide ramifications. The country’s five largest pop music organizations argued at a press conference in February that if NewJeans/NJZ was allowed to break its contract with HYBE/ADOR, it could “break the K-pop industry from the inside,” according to Seoul newspaper Korea JoongAng Daily.
A separate lawsuit to determine if NewJeans/NJZ can legally terminate its contract with ADOR begins April 3, but if the court sides with HYBE/ADOR and the group refuses to make new music, industry insiders wonder whether a legal win would be a pyrrhic victory for HYBE.
HYBE/ADOR and NewJeans/NJZ declined to comment on the financial impacts of the disagreement. An ADOR spokesperson said only that its exclusive contract with NewJeans/NJZ is legally binding and called the group’s performance in Hong Kong as NJZ and its “unilateral announcement of a suspension of activities” regrettable. The members of NewJeans/NJZ filed an objection to the court ruling against its independent activities on Monday (March 24).
HYBE is the company behind one of the highest-selling K-pop acts of all time, BTS. When members of BTS took time away from the group for military service in recent years, the company sought to diversify beyond its tentpole artist with other acts — often through imprints like ADOR — and such acquisitions as Scooter Braun’s Ithaca Holdings, Atlanta hip-hop label Quality Control and Latin music company Exile Music Group.
In its fiscal 2024, HYBE reported its highest revenue-generating year in its nearly 20-year history, having generated revenue of 2.25 trillion Korean won ($1.58 billion). But operating profit, a financial metric that subtracts operating costs like legal fees from a company’s gross profit, fell 38% from the prior fiscal year to 184 billion won ($128.7 million), a decline the company attributed to BTS’ temporary break, a shift in sales mix due to new debuts, and strategic investments in infrastructure and new businesses.
The controversy with ADOR and NewJeans/NJZ coincided with a steep decline in HYBE’s share price in 2024. HYBE stock was priced at 230,500 won ($172.33) on April 19, the day HYBE launched an investigation into whether ex-ADOR CEO Min Hee-Jin — who is a defendant in the lawsuit — usurped management of NewJeans/NJZ. Min was asked to resign, and in the weeks that followed, HYBE accused Min of trying to take ADOR independent and, with it, NewJeans/NJZ. On Sept. 23, after a YouTube video of the NewJeans/NJZ members demanding that Min be reinstated went viral, HYBE’s stock price plunged to a 52-week low of 158,000 Korean won ($112), down 31.5% from that April high.
While its share price has rebounded — on Tuesday (March 25), it was worth 240,000 Korean won ($163.49), 14.5% from a year ago — the dispute with NewJeans/NJZ may lead to sunk costs.
As with A&R across the music industry, the model for producing a K-pop supergroup is costly at the outset. It can cost between 1 billion Korean won ($681,000) to 10 billion won ($6.8 million) up front, according to a K-pop executive quoted in Korea JoongAng Daily. K-pop companies first pay off debt, then investors, before paying the artists. If the artists break their contract to go to another agency before ultimately turning a profit, the agency is left holding the bag, the executive told the paper. Bunnies, the official fan club of NewJeans/NJZ, criticized this statement, saying the group is seeking creative autonomy and a better deal.
NewJeans announced in February it wanted to go by a new name — NJZ — and member Pham Ngoc Han, who goes by Hanni, told CNN she hoped the new name would help the group turn “this rough period into something more exciting.” ADOR requested Billboard refer to the group as NewJeans, saying, “The Korean court … confirm[ed] ADOR’s status as the legitimate exclusive management agency of the NewJeans members and prevent the Artists from entering into advertising contracts independently without ADOR’s approval.”
The five women in the group — who perform as Minjin, Danielle, Haerin, Hyein and Hanni — formed NewJeans/NJZ in 2022, and they now range in age from 18 to 21. Several have said they are concerned the legal battle with ADOR would define their careers.
“We’ve known from the start that this journey wasn’t going to be easy and even though we accept the court’s ruling and this whole process, we had to speak up to protect the values that we believe in,” the members said at the end of their hour-long headlining performance in Hong Kong on Sunday, adding it’s a decision they “don’t regret at all.”
Indie digital rights organization Merlin has announced the participants for its third annual Merlin Engage program, which is designed to help promote and support female leaders in the independent music industry. Over a six-month period, the program connects young women aspiring to careers in the music business with senior leaders within it, and this year it will expand to include community building.
The program, which began in 2023, saw a 70% increase in nominees for participation over last year. Mentees are offered one-on-one sessions with their mentors, receive peer support from other participants in the program and have the opportunity to go to skill-building workshops, according to a press release. Harvard Institute of Coaching fellow Miriam Meima will also return as program facilitator for a second year.
“The power of Merlin Engage goes beyond mentorship — it’s about building a community where women across the Merlin membership can find support, encouragement and guidance as they build their careers in the music industry,” Merlin CEO Jeremy Sirota said in a statement. “I’m incredibly proud that we continue to expand this program, the commitment to mentor from our most senior leaders, and support from the entire Merlin Board in driving positive change within the industry.”
Trending on Billboard
This year, mentors will include executives from companies like Exceleration, EMPIRE, Secretly, Domino, Beggars, Ninja Tune, Epitaph, BMG and more; mentees hail from companies like IDOL, OneRPM, Hopeless Records, Stones Throw Records, Better Noise, Sub Pop and Nettwerk. (A full list of mentors and mentees is below.) Merlin consultant Dan Nevin is also returning to help support the program.
“It’s incredibly important to support, encourage and empower women to expand their career paths in the music industry,” said Liz Erman — managing director at Nettwerk Music Group and a former mentee who is returning to the program this year as a mentor — in a statement. “We have so much to contribute and can elevate the level of success of any company if we can access the right leadership opportunities. I hope that by sharing my experiences and guidance, I can help others reach their goals more easily.”
Another former mentee, Exceleration Music digital operations manager Larissa Woss, called the program “a transformative experience” in a statement. “My mentor truly listened to me, taking the time to understand my challenges and goals, which gave me the confidence to take the next step in my career,” Woss said. “Equally valuable was the incredible network of people I connected with. This program is not just about developing skills — it’s about fostering a supportive, empowered generation of female leaders in the independent music industry. I’m proud to be a part of it.”
Below is the full list of participants this year.
Mentors: Amy Dietz (Partner, Exceleration), Anne Jenniskens (General Manager, Paradise), Bria Fisher (VP of Communications, EMPIRE), Chloé van Bergen (VP Operations, UK & EU, Secretly), Clare McKinney (Director, Commercial and Business Affairs, Domino), Dionna Johnson (VP of Marketing, EMPIRE), Emma Lomas (Head of Licensing & Creative, Beggars), Eniko Gallasz (Managing Director, WMMusicDistribution), Liz Erman (Managing Director, Nettwerk), Marie Clausen (Managing Director, US, Ninja Tune), Megan Jasper (CEO, Sub Pop), Narin Karadaghi (General Counsel, Amuse), Nitsa Kalispera (EVP Global Recorded Music Supply Chain Operations, BMG), Patra Sinner (General Counsel, Symphonic) and Sue Lucarelli (President, Epitaph).
Mentees: Allison Kleshefsky (DSP Editorial & Partnerships Lead – Americas, IDOL), Diana Schweinbeck (Senior Director, Artist & Label Services, Cinq Music, USA), Dominique de Solminihac (Artist Marketing Manager South Cone, ONErpm), Francesca Caldara (Vice President, Recorded Music, UNIFIED), Gianna Archetti (Head of Operations, iGroove), Jovana Medic (Director of IDJTV/Director, IDJDigital), Lexie Viklund (Director of A&R, Better Noise), Lisa Riepe (Head of Sales & Marketing, Zebralution), Maiko Okabe (Global Campaign Manager, Warp Records), Maya Kalev (Label Manager, UK & Europe, Stones Throw Records), Naomi Bressani (Head of Digital, Republic of Music), Nele Knueppel (Director, Digital Rights & Distribution, Nettwerk Music Group), Nicole Abea (Director of Influencer & UGC Promotions, Marketing/Promo, Hopeless Records), Phoebe Petridis (Senior Manager, Digital Operations and Technology, Domino Recording), and Rachel White (Director of Audience Development (Marketing), Sub Pop Records).
For over a year, the K-pop industry has been embroiled in a heated debate over the girl group NewJeans. In fact, even the name “NewJeans” has become a point of contention following the group’s announcement in February that they would be rebranded as NJZ. However, their management company, ADOR, has disputed the legitimacy of this name change. While the group has requested to be referred to as NJZ, no legal ruling has been made on the matter, leaving the existing contract intact. As a result, from a legal standpoint, NewJeans remains the more accurate designation for the time being.
Amid ongoing legal uncertainties, NewJeans is moving ahead independently. This March, the group is scheduled to perform at ComplexCon Hong Kong, where they are reportedly debuting a new song. This move appears to be an attempt to further establish their rebranded identity as NJZ. After all, performing NewJeans’ hit songs while adopting a new name could be seen as contradictory.
Trending on Billboard
Music organizations and associations in Korea are closely monitoring the NewJeans situation. In February, five major organizations — the Korea Management Federation, Korea Entertainment Producers’ Association, Record Label Industry of Korea, Recording Industry Association of Korea and the Korea Music Content Association — issued a statement expressing concerns over NewJeans and former ADOR CEO Min Hee-jin’s independent activities. Their primary issue is “tampering,” with suspicions that Min has been attempting to remove NewJeans from ADOR.
The statement from the five organizations reads, “For the past 10 months, we have observed a growing trend, in which certain parties attempt to resolve private disputes through media campaigns and unilateral public statements instead of proper negotiations or legal procedures, including former ADOR CEO Min Hee-jin’s press conferences, NewJeans member Hanni’s appearance at a National Assembly audit, and the group’s independent activities.”
NewJeans fans argue that these five organizations are merely echoing ADOR/HYBE’s stance. However, the key issue at hand is their emphasis on the importance of “adhering to legal processes.”
At a press conference on Nov. 28, 2024, NewJeans members announced that “their contract with ADOR would officially end at midnight on November 29th.” They stated, “We have had enough conversations and sent certification of content, but there were no responses during that time. As ADOR and HYBE have breached the contract, we are terminating it.”
Since then, NewJeans has continued its individual actions and reiterated its stance in interviews with foreign media. In a CNN interview last month, the group emphasized, “We have completely lost trust in ADOR. We believe we will win this battle against HYBE and ADOR.” Through Japan’s TV Asahi, a subsidiary of Asahi Shimbun, they stated, “Right now, there are very few media outlets in Korea that carry our voices. Instead of letting that discourage us, we will enjoy our activities.”
International fans who have closely followed NewJeans’ statements may be more inclined to side with the group. However, with both the lawsuit verifying the validity of their claims and the injunction application still ongoing, their assertions remain one-sided. In this context, foreign media that present NewJeans’ perspective without providing balanced coverage of the ongoing legal dispute risk spreading misinformation.
NewJeans and ADOR remain deeply divided, locked in a tense standoff. On March 7, the Seoul Central District Court held the first hearing on ADOR’s provisional injunction request to “maintain the status of agency and prohibit the signing of advertising contracts.” Both parties presented conflicting arguments and failed to reach a resolution.
As a result, it is challenging to take a definitive stance between ADOR or NewJeans. The most prudent thing to do right now is to wait and see how the court reaches its decision, based on the various claims and substantial evidence presented by both parties.
This is precisely the position shared by the five music industry organizations in Korea. On Feb. 27, they held a press conference titled, “Let’s Keep a Promise: Without Record Producers, There is No K-pop!,” where they declared:
“No one can confirm the cancellation of a contract before the court’s judgment, and we must all accept the legal outcome, whatever it may be. This is the only way to protect our industry amid conflict and dispute.”
For now, the K-pop community watches and waits for the court’s decision — a ruling that could have lasting implications for NewJeans, ADOR and the entire industry.
This article was written by Austin Jin and originally appeared on Billboard Korea.
Singer-songwriter, producer and multi-instrumentalist Amelia Moore has signed with Republic Records, the label tells Billboard. Born in Georgia and now based in Los Angeles, Moore is known for tracks including “next door” featuring ASTN and “see through,” the latter of which spawned a remix featuring Coco Jones, Absolutely and Samara Cyn last year. Moore’s first […]
Memphis rapper Key Glock is officially joining Republic Records. As he continues to tease his upcoming album, Glockavelli, Republic announced exclusively with Billboard that Glock will be joining their roster. In addition to this new partnership, he’ll also remain under the late Young Dolph’s label, Paper Route Empire (PRE). The signing marks an exciting new […]
Warner Music Group (WMG) and Boston-based private equity firm Bain Capital are in advanced talks to form a joint venture worth around $1 billion to acquire music catalogs, according to three sources with knowledge of the talks.
Led by an equity investment from Bain, the joint venture will enable WMG to write bigger checks while spending less of its own money to acquire the catalogs it wants most.
A representative for WMG declined to comment, and a representative for Bain did not respond to a request for comment.
High interest rates and intense competition to own the rights to music from bands like the Red Hot Chili Peppers is leading major music companies to partner with outside investors to bolster their bids and assuage shareholders who may be put off by the price of a prized catalog.
Trending on Billboard
Some of the biggest catalog sales of all time occurred last year, with Sony Music acquiring Queen’s catalog and other rights for $1.27 billion. Earlier in 2024, Sony also acquired a stake in Michael Jackson‘s catalog for $600 million.
In many cases, music companies are looking to buy out an artist with whom they’ve worked for years and whose catalog they already partially own — like Sony Music did in 2022 when it bought Bob Dylan‘s master recordings. Owning more of the music’s intellectual property not only allows for more control over how the songs are used and licensed in the future, it prevents potentially embarrassing break-ups between record labels and their superstars.
The bidding wars have grown particularly pitched for master recording rights, which are more valuable today because streaming has extended the period that a song remains popular by several years, according to entertainment banking sources. Before streaming provided listeners with easy access to the entire universe of popular music and kept songs in regular rotation through playlisting, the revenue generated by a hit song’s master recording would fall off precipitously after its hype period waned.
A growing number of successful artists are also leaving major music companies to release music independently, have grown entire careers independently or have negotiated more favorable contracts with their major label partners, giving them more ownership of their master royalties. It all has some investors worried that the total addressable market of master royalties will grow more slowly in the future than in prior decades.
In early 2024, Universal Music Group (UMG) invested roughly $240 million to partner with Chord Music, a catalog investment company majority-owned by Dundee Partners, to give it similar flexibility to acquire catalogs off of its balance sheet and with financial help. The agreement gave UMG the administration and distribution business for the 60,000 music copyrights owned in Chord, and, in exchange for throwing its power as the world’s largest music company behind those assets to make them make more money, Dundee Partners became UMG’s long-term co-investment partner.
Sony Music has also partnered with institutional investors to help finance acquisitions, including Apollo, and WMG has explored investing in catalogs through outside vehicles as an early investor in both Tempo Music Group and Influence Media.
One of the financial engineers involved in structuring UMG’s deal with Chord was Michael Ryan-Southern. At the time, Ryan-Southern led Goldman Sachs’ investment banking team focused on the music industry. WMG hired Ryan-Southern last summer to serve as its head of corporate and business development, overseeing mergers and acquisitions.
Ryan-Southern’s team was key toWMG’s acquisition of Tempo Music, a $450 million deal announced on Feb. 6 that gives Warner the rights to songs by Wiz Khalifa, Florida Georgia Line and Brett James.
WMG’s ties to Bain Capital date back to 2004 when Bain was part of the investor group — also including Thomas H. Lee Partners, Edgar Bronfman, Jr. and Providence Equity Partners — to buy WMG for what was then $2.6 billion cash.
Warner Music Group CEO Robert Kyncl says the major is willing to forgo buying an indie distributor if it can achieve the same long-term gains by building in-house what would likely cost hundreds of millions to acquire.
“I’ve looked at all distribution companies over the last 18 months … and what I can tell you is that we’re not willing to grow this at all costs,” Kyncl said. “We have an incredible technology team … and they have been building features already for a year and a half. This way you get to the same outcome much more efficiently.”
The Warner Music Group (WMG) head made the comments during a wide-ranging conversation at a Morgan Stanley conference last week that touched on tech improvements and the motivations for WMG’s management overhaul last September, as well as the company’s deal with Spotify and Kyncl’s conviction that there is still room to raise streaming subscriptions prices in the U.S. and elsewhere.
Trending on Billboard
Kyncl, whose comments on mergers and acquisitions have been under a microscope since WMG abandoned a bid to acquire Believe last April, admitted that building technology in-house will take longer and doesn’t come with the immediate market share gains that accompany an acquisition.
The new hires and organizational changes Kyncl oversaw in the past two years are aimed at increasing WMG’s market share, he says. Under Ariel Bardin, who joined WMG in February 2023 as president of technology, the company has been working to fix the “boring things” in its core tech and digital supply chain to “ensure the stability of systems and [make] sure they could handle much higher volume for the future” without adding staff. It has also worked on WMG’s artist-focused tech services, like its client portal and the pipelines that can accelerate royalty payments.
Several rounds of staff cuts and a full-blown corporate reorganization removed multiple layers of management, giving Kyncl more direct contact with leaders like Alejandro Duque, president of Warner Music Latin America, and Elliot Grainge, the new CEO of Atlantic Music Group.
The company reported in February that these moves freed up money for investments — such as the $450 million acquisition of Tempo Music‘s catalog — and helped Atlantic claim a half-a-percentage point market share expansion.
Another of Kyncl’s hires, Carletta Higginson — the former Google executive who was hired as chief digital officer — was key to WMG’s direct deal with Spotify, which Kyncl says included assurances of more frequent price increases that distributors can profit from.
“In an industry where we are all tied at the hip together, it is important to approach it collaboratively and build for the future together,” he said. “We have a healthy set-up together with incentive to grow.”
Saying that WMG’s market share has improved since he joined the company, Kyncl called out promising upcoming releases from Ed Sheeran and Lizzo that are scheduled to come out later this year. Because more than half of WMG’s revenue comes from outside the U.S., Kyncl said the company’s global market share, particularly in certain countries, is as important as its U.S. numbers.
For the third straight year at the annual Morgan Stanley event, Kyncl sounded an optimistic note on streaming subscription prices thanks to “the incredible resilience of music.”
“I think there’s quite strong evidence that there’s a lot of room to grow on pricing, especially in … mature markets,” he said.