Record Labels
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Mercury Records has promoted Tyler Arnold to chairman/CEO and Ben Adelson to president/COO of the label, the company announced Wednesday (March 5). Arnold previously served as president while Adelson served as general manager at the label, which they relaunched in 2022.
Under Arnold and Adelson’s leadership, Mercury has released hit albums including Post Malone’s F-1 Trillion and The Diamond Collection, Noah Kahan’s Stick Season (Forever) and, via the label’s partnership with Big Loud, Morgan Wallen‘s One Thing At A Time and Dangerous: The Double Album. Most recently, Wallen’s single “I’m the Problem” debuted at No. 1 on Billboard‘s Hot Country Songs chart and No. 2 on the Billboard Hot 100.
Arnold and Adelson will report to REPUBLIC Collective founder/chairman/CEO Monte Lipman and founder/vice-chairman/COO Avery Lipman, who noted in a statement, “Tyler and Ben began their careers at Republic, and we’ve had a front-row seat to their incredible growth. It’s been nothing short of inspiring to watch. With Mercury, they are building a legacy that honors the label’s history by developing, breaking and supporting the next generation of career-defining artists.”
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“The last three years at Mercury have been incredibly special,” said Arnold. “I could not be prouder of our artists, our team and the culture we’ve created. Ben and I set out to build a label that supported artist development with time, patience and a real commitment to A&R and creative marketing. I’m very grateful to Monte and Avery for their continued support of our vision and am so excited for this next chapter of Mercury Records.”
Adelson added, “I am honored to continue building the legacy of Mercury Records. More than anything, I’m most proud of our authentic and dynamic roster and the team we have brought together. Thank you to Monte and Avery for their continued support and guidance.”
New York-based Arnold started as an intern at Republic Records and, after joining the label as an A&R assistant, signed Malone. He ultimately rose to the role of vp. In addition to Malone, he’s also signed such top acts as Metro Boomin and Bo Burnham and partnered with Big Loud to build Wallen into a superstar. He has been named to Billboard‘s Power 100, R&B/Hip-Hop Power Players, Country Power Players and 40 Under 40 lists.
Los Angeles-based Adelson also started at Republic as an intern and was hired as an assistant to Avery Lipman in 2008. He subsequently managed Young the Giant, kickstarting the band’s rise to an arena-level act, before rejoining Republic as director of A&R and rising to become executive vp of A&R in 2018. He has signed artists including Kahan, James Bay, Stephen Sanchez, Conan Gray and Lord Huron. He has been named to Billboard‘s Power 100, Country Power Players and 40 Under 40 lists.
The Mercury Records roster also includes AJR, Chelsea Cutler, Bay, Jeremy Zucker, Huron, Sanchez and ZAYN.
Street Mob Records, the indie label founded by Fuerza Regida frontman Jesus Ortiz Paz (JOP), and which has seen impressive gains on the Billboard charts in the past year, has hired veteran music executive Gustavo López as its new president. The move signals Street Mob’s intention to become “the next big Latin music label,” says JOP, and is part of the label’s significant expansion and its intention to grow further.
In addition to López, Street Mob has also appointed Cindy Gaxiola as its vp of commercial affairs, Niria León as vp of booking and Jesús Amezcua as its vp of marketing. They join an executive team that already included COO Cristian “Toro” Primera and CFO Luis López. Both are partners on Street Mob with JOP, who launched the label as a rookie artist in 2018 and has seen it grow exponentially, especially in the past two years, expanding a roster that now includes Chino Pacas, Clave Especial and Armenta.
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“We got The Avengers,” says JOP quite seriously. “The whole point of this is we’re going to the next level with Street Mob Records. We got the avengers. We got Gustavo Lopez as the president. We got two incredible female senior VPs who are running the company on the touring and management side. That’s why we’re calling it the avengers. Now we have the best of the best.”
Street Mob ended 2024 at No. 6 on Billboard’s year-end Top Latin Imprint chart and the labels’ publishing division — Street Mob Publishing — won publisher of the year at the 2024 Billboard Latin Music Awards. According to López, in this week’s Billboard regional Airplay chart, Street Mob is represented in some way — whether songwriting, producing or artist — in 44% of the chart’s top 25 songs.
For all those successes, bringing in López signals JOP’s seriousness about growing and expanding his business. As part of his long trajectory, López launched maverick reggaetón label Machete Records under Universal in the 2000s, distributing stars like Daddy Yankee and Wisin & Yandel, and was later president of regional Mexican powerhouses Fonovisa and Disa Records. Most recently, he served as CEO of Saban Music Latin until its acquisition by Virgin last year, and launched entertainment company Globalatino Music Partners.
Although López will continue to oversee Globalatino’s overall operation, he will be devoted full time to Street Mob, which is based in Los Angeles. “When I had the opportunity to meet JOP and saw how integrated he is in the business, and how young he is, it was an inspiration for me,” says López. “I thought, ‘If I’m going back to Mexican music, I’m going to do it with the best.’ There’s a lot going on at Street Mob that maybe the industry is not aware of. These guys are more than just the label. And now it’s just formalizing the team.”
JOP founded Street Mob in 2018 “with the hopes of one day being a big record label,” he says. At the time, he was already a fledgling artist, and he wanted to learn how the business worked. In 2020, when things got tough and many in his circle deserted him, Primera and Luis López stayed by his side and JOP made them partners in Street Mob.
“Together with them, we learned the business,” says JOP today. “And little by little, with all our creativity, I think we know. We know how to make a hit.”
Though managed by Street Mob, Fuerza Regida is not signed to the label. Instead, they have a joint venture with indie powerhouse Rancho Humilde and are distributed by Sony.
The group — a juggernaut that won Top Duo/Group at the 2024 Billboard Music Awards, beating international stars such as Blink-182, Coldplay, Linkin Park and Stray Kids — placed three titles in the Top Latin Albums top 10, including Pa Las Baby’s Y Belikeada, which peaked at No. 1 for three weeks.
But since its inception, JOP has been signing new artists, songwriters and producers to Street Mob and has different deals with each, with distribution in place with Cinq, Universal and Warner Music Latina, with whom Street Mob inked an exclusive partnership last year for its artists Armenta, Clave Especial and Calle 24.
Since last year, JOP has been looking for someone to head the label because “it was finally too much for us. But we needed to find the right person. Gustavo is perfect.”
Street Mob currently has 10 artists signed to the label, plus its own publishing company, management and touring division. The company just purchased a 35,000 square foot facility in Rancho Cucamonga, near Los Angeles, with a goal to build an office that will house everybody in the Los Angeles area, says López.
“You can’t mess with the secret sauce,” he says. “The A&R is where it needs to be. We just need to get some finer points aligned and it will continue to expand.”
For JOP, a big part is nurturing artists from the ground up.
“We’re like a school,” he says, citing emerging artist Jorsshh, who started as a writer and now has over nine million listeners on Spotify. “We show them the business and try to open doors for them to go to the next level. We’re trying to make this a big record label within Latin culture.”
There’s big changes afoot in the leadership team at Universal Music New Zealand, with longtime Managing Director and Chairman Adam Holt announcing his retirement.
News of the leadership transition was announced by Universal Music Australia & New Zealand President and CEO, Sean Warner on Tuesday, March. 4 (New Zealand time). Holt’s decision to retire comes after 24 years successfully leading the company, and 34 years spent at Universal Music Group and predecessor company Polygram. Holt’s retirement will take effect on April 30, with successors Myra Hemara and Matt Kidd being promoted to Co-Managing Directors, effective May 1.
“Adam’s commitment to our company, our artists, our people, and the greater New Zealand music industry has been nothing short of exemplary,” Warner said in a statement. “Throughout his tenure he consistently promoted a positive culture of both UMNZ and UMA garnering him enormous respect from both employees and artists alike. Adam is a passionate music man, caring mentor and consummate professional, who led from the front and made lifelong friends across the UMG, the artist community artists and with our partners around the world.”
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“Leading the New Zealand company for UMG has been the experience of my life,” added Holt. “I am immensely proud of what we have achieved and the challenges we have successfully navigated over the years, but it’s time for me and the company to start the next chapter. A big thank you to Sir Lucian Grainge and Sean for trusting me with UMNZ for so long, and a huge thank you to the entire Universal Music team across New Zealand and Australia. You are an amazing group of people and I will miss you immensely. Most importantly, thank you to all the artists I have had the honour to serve in my time at Universal. I remain in complete awe of you all.”
“I am thrilled to announce that the current UMNZ General Managers, Myra Hemara and Matt Kidd, will become the new Co-Managing Directors of the company,” Warner continued. “Matt and Myra have incredible experience within UMNZ and have been at the forefront of the changes we have made in New Zealand over the past couple of years, Together, with the support of UMNZ Chief Financial Officer & Commercial Director, Tony Jenks, they will form a strong executive leadership team that will drive a new era of success for Universal Music New Zealand.”
Hemara joined UMNZ in 2006, working on establishing their digital department and strategy upon her addition to the team. In 2017, Hemara was appointed General Manager, taking on the additional responsibilities of leading UMNZ’s international artist marketing and audience development teams.
Kidd, meanwhile, has been with UMNZ for the past 12 years, having begun his career in promotions and public relations before leading their domestic repertoire and business development teams. Since 2017, Kidd’s role as General Manager has seen him focus on exporting New Zealand talent on a global scale.
“Being given this opportunity to lead Universal Music New Zealand alongside Matt is a great privilege and honour,” Hemara said. “The legacy Adam has created for our artists and staff has provided an incredible foundation for Matt and I to build on. I’m looking forward to fostering a culture of connection, creativity and collaboration and delivering even more success for our incredibly talented artists.”
“Thank you to Sean for giving Myra and I the opportunity to lead this great company,” added Kidd. “It’s exciting to take on this new role at a thrilling point in the business, where the landscape and scope for how we can work with and develop our artists is changing dramatically. I’m beyond excited to be a part of the best team in the country and to continue driving excellence and innovation for our artists in New Zealand, and around the world.”
Shareholder advisory groups Institutional Shareholder Services (ISS) and Glass Lewis advised Warner Music Group investors to vote against the election of certain board members at the company’s annual meeting on Tuesday, including Val Blavatnik and Lincoln Benet.
The groups say that insider status — Val is the son of WMG owner Len Blavatnik, and he sits on the executive compensation committee — and WMG’s multiple classes of stock present risks for outside investors. WMG says its focused on creating value for all its investors and that most of its directors are independent should allay any investor concerns.
Investor opposition to these directors’ election would need the support of Len Blavatnik to succeed. His Access Industries and its affiliates own more than 70% of WMG’s stock controlling more than 97% of the voting power in WMG. Nonetheless, ISS and Glass Lewis’s concerns put a spotlight on the corporate governance requirements WMG can skirt by being a controlled public company.
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For example, WMG is listed and trades on the NASDAQ stock exchange and is exempt from NASDAQ’s requirement that companies traded on its exchange have a majority of independent board members appointed to the committee that decides executive compensation.
A spokesperson for WMG says, “We welcome input from our shareholders, with a governance structure that goes beyond what is required of controlled companies, including the majority of our directors being independent. Our board and management team are focused on creating long-term value for all investors.”
Shareholder advisory groups like ISS and Glass Lewis exist to research publicly traded companies’ proxy statements and make voting suggestions for investors ahead of annual shareholder meetings. Both groups say in their 2025 benchmark policy guidelines that they broadly support board independence, but they agree controlled companies should be exempt from certain requirements, such as having an independent executive compensation committee, because “controlled companies serve a unique shareholder … whose voting power ensures the protection of its interests,” Glass Lewis’s policy states.
Glass Lewis advises against voting for the election of Val Blavatnik, 27, in its report because of his status as an insider on the compensation committee. Val holds the title of senior director, business development of Warner Chappell Music, and he was elected to WMG’s board in April 2023.
As the chief executive of Access Industries, Glass Lewis considers Lincoln Benet, 61, an affiliate and non-independent board member, and they advise against voting for his election because WMG’s multi-class share structures gives him disproportionate voting rights.
In its report, ISS advises voting against the of seven of WMG’s 11 board members—Val Blavatnik, Lincoln Benet, Len Blavatnik, Donald Wagner, Noreena Hertz, Ynon Kreiz and Cecilia Kurzman. For Val Blavatnik, Benet and Wagner, it raises similar concerns to Glass Lewis about their seats on certain board committees as non-independent members. For the remainder of the directors, ISS raises concerns about their support for a “dual class structure that is not subject to a reasonable time-based sunset provision.”
It also advises voting against Len Blavatnik because “his ownership of the super voting shares provides him with voting power control of the company.”
ISS has advised voting against the majority of WMG’s board members for at least the past three years, and it has taken similar stances against the election of board members of Meta and Alphabet.
Five out of WMG’s 11 board members, or 55%, are independent, including its chairman, nominating and corporate governance committees.
It is worth noting that the WMG chief executive Robert Kyncl’s total compensation of $18.6 million declined 9% from the year prior.
R. William “Bill” Freston, a former executive at Columbia Records who worked with superstars including The Rolling Stones and Billy Joel, died on Thursday (Feb. 20) following a “traumatic fall” on the Caribbean island of Bequia, his family announced Wednesday (Feb. 26). He was 76. Freston began his career in the early 1970s after graduating […]
“Truck Bed” hitmaker and multiple award winner HARDY has launched label imprint Crow Records in partnership with Big Loud Rock. The inaugural signing to Crow Records is Sikarus, who will release his label debut, “Nonchalant,” tonight (Feb. 27).
HARDY formed Crow Records with his longtime partners at Big Loud Rock to sign, develop and release music from artists HARDY is inspired by.
Sikarus is the solo project from Nashville songwriter Jordan Brooker, who has written for Luke Combs (2019’s “Refrigerator Door”), among other artists. Brooker was raised on classic rock artists including Led Zeppelin and Nirvana, as well as turn-of-the-century alt-rock and pop-rock artists.
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“The second I heard Sikarus’ music I thought to myself, ‘What a cool sound, I want to do anything I can to be able to work with him,’” HARDY said in a statement. “I’ve known Jordan for many years and I’m so excited to finally be able to say that we are officially working together. I love rock ‘n’ roll, I love exploring new things and I couldn’t be happier for Sikarus to be the first artist signed to Crow Records.”
“I’m incredibly honored to be the first signing at Crow Records,” Sikarus added. “I think HARDY is one of the most brilliant musical minds I’ve ever met. We’ve been friends for a long time, so getting the chance to work with him in this capacity is so dope. ‘Nonchalant’ is all about that attitude of going with the flow and not getting hung up on the little things. It can be a really beautiful quality in a person, so much so that it makes you want to write a song about it.”
“HARDY is a generational talent and all of us at Big Loud Rock are honored to continue strengthening our partnership with him by joining forces on Crow Records,” Big Loud partner/Big Loud Rock president Joey Moi said. “Developing the next generation of alternative and rock artists is at our core, and collaborating with HARDY to sign and foster new talent in the space has the whole team excited as we continue to expand.”
HARDY has earned a trio of Billboard Country Airplay chart-toppers, as well as three No. 1s on the Hot Hard Rock chart. His recent project Quit!! topped the Hard Rock Albums chart with songs including “Rockstar” and “Psycho,’ as well as collaborations with Red Hot Chili Peppers’ Chad Smith and Limp Bizkit’s Fred Durst. Quit!! follows HARDY’s sophomore album, The Mockingbird & THE CROW, which featured both country and rock songs.
Sikarus will join HARDY on select dates of the Jim Bob World Tour this year, playing arenas and amphitheaters across the United States, including a stop at New York’s Madison Square Garden on Sept. 24.
See the full list of tour dates below:
Aug. 14—T-Mobile Center @ Kansas City, MO*
Aug. 15—Denny Sanford PREMIER Center @ Sioux Falls, SD*
Aug. 16—Somerset Amphitheater @ Somerset, WI*
Aug. 21—Van Andel Arena @ Grand Rapids, MI*
Aug. 22—Pine Knob Music Theatre @ Clarkston, MI*
Aug. 29—Maine Savings Amphitheater @ Bangor, ME*
Aug. 30—Xfinity Theatre @ Hartford, CT*
Sept. 4—Empower Federal Credit Union Amphitheater at Lakeview @ Syracuse, NY*
Sept. 5—The Pavilion at Star Lake @ Burgettstown, PA*
Sept. 6—Hersheypark Stadium @ Hershey, PA*
Sept. 11—Brandon Amphitheater @ Brandon, MS†
Sept. 12—Coca-Cola Amphitheater @ Birmingham, AL†
Sept. 13—CCNB Amphitheatre @ Simpsonville, SC†
Sept. 18—Lakewood Amphitheatre @ Atlanta, GA*
Sept. 19—MIDFLORIDA Credit Union Amphitheatre @ Tampa, FL*
Sept. 20—iTHINK Financial Amphitheatre @ West Palm Beach, FL*
Sept. 24—Madison Square Garden @ New York City, NY*
*With Koe Wetzel and Stephen Wilson Jr.
†with Stephen Wilson Jr.
Breakaway, the company behind the touring dance event Breakaway Music Festival, is launching a label and management division focused on emerging artists called Breakaway Projects. The first wave of signees to the label, which is partnered with The Orchard for distribution, includes a fresh collection of electronic producers such as Surf Mesa, Jaded, Evan Giia, […]
Mom+Pop Music has become the latest coastal label to open an office in Music City, naming Katie Fagan as president of Mom+Pop Music Nashville.
Fagan was previously head of A&R for Prescription Songs in Nashville for the last eight years and had opened Prescription’s first office outside of Los Angeles.
“I will continue M+P’s legacy by signing tastemaker artists and bands, leaning into the local talent pool in the Americana, folk, alt-country and indie spaces,” Fagan tells Billboard. “While expanding our footprint in Nashville is a priority, we know that these genres span worldwide, and I want to be cognizant of talent within these spaces globally as well. We hope to provide a home to both legacy acts and up-and-comers looking for a strategic creative partnership where we can elevate and uphold the integrity of their artistic vision.”
For now, Mom+Pop Nashville will rely on existing staff in New York and Los Angeles “with the goal of hiring locally when the timing aligns appropriately and strategically,” Fagan says.
“Katie has proven herself an important voice and advocate for creatives in the Americana, folk, and Alt-Country spaces,” said Michael Goldstone, founder of Mom+Pop, in a statement. “No one is better suited to reinforce and grow Mom+Pop’s presence in Nashville and globally as we broaden our industry aesthetic.”
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At Prescription, Fagan, who has been featured on Billboard’s 40 Under 40 and Women in Music lists, worked with a number of acts, including Joy Oladokun, Anderson East, Maggie Rose, Nick Bailey, Sarah Hudson, Malibu Babie and Cirkut, as well as songwriters/producers who landed placements with Lana Del Rey, Chris Stapleton and Noah Kahan, among others.
Fagan is also co-founder of The Other Nashville Society (TONS), which helps promote non-country music in Music City through its 1,500 members; a member of She Is The Music’s songwriting and publishing committee; and a governor of the Recording Academy’s Nashville chapter.
Mom+Pop, which was formed in 2008, includes Caamp, Chaparelle, Del Water Gap, Magdalena Bay and Pablo Pablo on its current roster. The self-distributed label has a staff of 25 with offices in New York, Los Angeles, London and Nashville.