Record Labels
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Warner Music Cono Sur (which covers the Southern Cone of Latin America) and Lotus, the events production company behind Lollapalooza Chile, have launched a new label, booking and management company. Explore Explore See latest videos, charts and news See latest videos, charts and news According to both companies, this new division of Lotus also integrates […]
BBR Music Group senior vp of promotion Carson James and senior director of A&R Chris Poole have exited the company as part of a global restructuring at BMG, which eliminated their positions, Billboard has confirmed. Country Aircheck first reported the news of their exits.
Earlier on Thursday (Nov. 30), BMG revealed a new structure for its global staff, which BMG CEO Thomas Coesfeld stated is part of “a strategy for future growth” and “local where necessary, global where possible.” The restructure moves BMG’s catalog, sales and marketing teams in its recorded division into global roles, joining the already global purview of its investments, technology, rights and royalties functions. In local markets, artist relations and marketing campaign managers will have access to these global teams for analytics, content creation and media planning/buying, the company’s announcement noted.
James joined BBR in 2009, having previously spent nine years with Curb Records in a similar role. Prior to his work at Curb, James programmed country station WLWI in Montgomery, Ala.
Poole joined BBR in 2018 and previously worked at CTM/Writer’s Ink, where he served in artist development. Poole initially launched his career working in artist management at Paravel Management, which he co-founded in 2013.
James noted to Billboard in a statement, “I’m honored to have had such an amazing run.”
BMG’s restructuring announcement also outlined a new, Los Angeles-based global catalog team, as well as a “recalibration” of its presence in continental Europe as part of its local-global emphasis, which will focus on “functional centers of excellence within Europe.” This is in addition to the aggregation of budgets and expertise, the further acceleration of its investments in tech and the myBMG system for artists and the clarification of roles/structures, which the company says will make it “more accountable to its artist and songwriter clients.”
“Fifteen years after the emergence of streaming, music is going through another tectonic change,” Coesfeld said in a statement. “It is vital we now reengineer our business to make the most of that opportunity. BMG has challenged the conventions of the music industry ever since we began, bringing music publishing and recordings under one roof with a distinctive service-orientated and transparent approach. Now new ways of creating and consuming music and looming changes in streaming economics are challenging us to do even better for our clients.”
BBR Music Group’s artist clients include reigning CMA Awards entertainer of the year Lainey Wilson and new artist of the year winner Jelly Roll, as well as “Try That in a Small Town” hitmaker Jason Aldean, Dustin Lynch, Elvie Shane, Parmalee, Blanco Brown and Brooke Eden.
Jabari is taking his talents to Epic Records.
The multi-hyphenate, best known as the star of Peacock’s Bel-Air, is looking to showcase his skills on the mic as the label’s newest signee. On Friday (Dec. 1), he’ll embark on his musical journey with the release of his label debut, “Something Else.”
“With the creation of ‘Something Else,’ I wanted to give life to the grey areas of infatuation,” Jabari tells Billboard. “I wanted to share where I was in that time, and along with my team, we executed that well. Also very excited be to be taking this first step with Epic Records. Shout to Sylvia Rhone and Zeke Lewis for being headlights for the vision. I have a lot more to give. Thanks for being here on this journey.”
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“Jabari is a multi-hyphenate young superstar in the making. Artists like him represent the future of entertainment and we could not resist the opportunity to join and assist with his upward movement,” adds Ezekiel Lewis, president of Epic Records.
On Bel-Air, Jabari plays the lead role of Will Smith (named after the star of the original series, The Fresh Prince of Bel-Air). The show has given momentum to his acting career, though he has previously noted that avid fans of the original ’90s sitcom were initially skeptical about the show’s modern-day twist.
“It just really came from a pure place. And honestly, it’s incredible, because we’re standing on the shoulders of giants,” Jabari told Variety last year. “The wingspan of this show is incredible, because it reaches for so many generations, and everybody knows it. And it’s such a beloved TV series, it’s a quintessential ’90s sitcom. And so it’s so it’s everyone’s baby, and they’re like, ‘We don’t touch that we don’t touch this.’ But I was definitely confident, I was like, ‘Just wait and watch because we got some great things cooking up.’”
Jabari will look to follow in the steps of his co-star, Coco Jones, who recently reeled in five Grammy nominations, most notably in the best new artist category. When asked how he will balance his music and TV responsibilities simultaneously, Jabari says: “Because God is good.”
Indie music conglomerate BMG announced a “new structure” for its staff across the globe today (Nov. 30), one which new CEO Thomas Coesfeld says is part of “a strategy for future growth.”
The plan, which BMG executives communicated to staff today, is part of a strategy that Coesfeld calls “local where necessary, global where possible,” and will move BMG’s catalog, sales and marketing teams in its recorded music division into global roles, joining its investments, technology, rights and royalties functions, which already have a global purview. In local markets, artist relations and marketing campaign managers will be able to tap into those global teams for analytics, content creation and media planning and buying, the company said.
“We are changing the way we do things,” Coesfeld said in a statement. “We will combine creative intuition with data-driven insights to deliver the best service for our clients and customers.”
Additional changes outlined by the company include a new global catalog team based in Los Angeles; a “recalibration” of its presence in continental Europe in line with the new local-global emphasis, which will involve focusing on “functional centers of excellence within Europe,” as well as aggregation of budgets and expertise; a further acceleration of its investments in tech and its myBMG system for artists; and the clarification of roles and structures that the company says will make it “more accountable to its artist and songwriter clients.”
“Fifteen years after the emergence of streaming, music is going through another tectonic change,” Coesfeld said in a statement. “It is vital we now reengineer our business to make the most of that opportunity. BMG has challenged the conventions of the music industry ever since we began, bringing music publishing and recordings under one roof with a distinctive service-orientated and transparent approach. Now new ways of creating and consuming music and looming changes in streaming economics are challenging us to do even better for our clients.”
The new structure is the latest move that Coesfeld has made since taking over from longtime CEO Hartwig Masuch in July. The biggest change involved ending its distribution agreement with the Warner Music Group’s ADA and bringing its digital distribution in-house, while striking a deal with the Universal Music Group for its physical distribution. Then, last month, BMG laid off around 40 employees, which involved discontinuing its international marketing department for recordings, its television, film and theatrical departments and the shuttering of its Modern Recordings label, and saw executives like executive vp of global repertoire Fred Casimir and senior vp of global repertoire Jason Hradil leave the company.
The news means that “a number of existing positions will end,” the company tells Billboard, while Los Angeles will now become the primary hub for catalog. The company says that the approach aligns recordings with its existing strategy in its publishing division.
“This is a strategy for future growth,” Coesfeld added. “But in a business in which change is a constant, we ourselves need to change to grow further. Standing still is not an option if we want to deliver for our artist and songwriter clients.”
Ahead of the United Nations Climate Change Conference starting tomorrow (Nov. 3) in Dubai, Sony Music, Universal Music Group and Warner Music Group have announced the creation of the Music Industry Climate Collective (MICC). This alliance will work to address the challenges and changes in the global climate and how they relate to the music industry.
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The MICC’s first initiative will be offering comprehensive sectoral guidance for measuring scope 3 greenhouse gas emissions, defined as “emissions that are not produced by the company itself and are not the result of activities from assets owned or controlled by them, but by those that it’s indirectly responsible for up and down its value chain.”
For the music sector, the vast majority of greenhouse gas (GHG) emissions are in scope 3.
MICC’s members have already worked with scientific experts on their first draft of the sectoral guidance, which will be made available to industry participants. MICC’s members have also initiated calls for wider industry input through an advisory council composed of independent record labels, value chain partners, and climate experts. The guidance will be further developed through an inclusive, multi-stakeholder process.
The American Association of Independent Music, a non-profit trade organization representing more than 600 independently owned U.S. record labels, will serve as an advisor to the MICC. A2IM will assist in myriad ways, initially with recommendations on how best to include small-to-medium-sized businesses in this initiative.
“This initiative demonstrates what can be achieved when music leaders come together with a shared vision and commitment to sustainability,” the MICC’s founding members say in a group statement. “We are proud to collaborate to amplify environmental stewardship and offer practical recommendations and strategies tailored to the unique needs of music companies, regardless of their size or scale of operations.
“Together, we must continue to make progress on this vital priority,” the statement continues. “We welcome all to join us in reducing our industry’s carbon footprint by working together to ensure an environmentally responsible future for music and our planet.”
2023 is on track to be the hottest year on record, with many concerts and festivals affected by climate change since the start of the year.
Riggs Morales, the veteran A&R executive who has played a hand in the rise of Eminem, 50 Cent, Wiz Khalifa, Janelle Monáe and many others, has joined the team at Def Jam Recordings.
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Based in New York, Morales is today (Nov. 28) named as executive vp of A&R, reporting to Tunji Balogun, chairman & CEO, Def Jam Recordings, a division of Universal Music Group (UMG).
Morales has runs on the board, particularly in hip-hop. He joined Atlantic in 2014 as vp of A&R & artist development, and was promoted to senior vp of A&R & artist development, his most recent role, in 2020.
There, he guided the careers of Khalifa and Monáe, and, in 2015, he signed and co-produced Hamilton: Original Broadway Cast Recording, which won the Grammy Award for best musical and is now certified Diamond by the RIAA. The following year, Morales executive-produced the all-star project, The Hamilton Mixtape.
“Armed with an instinct for creative development that keeps his artists first, Riggs has carved out a unique place for himself in our business, along with an absolutely blockbuster resume,” comments Balogun in a statement unveiling the new recruit. Morales’ “contributions to the culture are the stuff of legend,” he continues. “We’re excited to welcome Riggs to the Def Jam family.”
Those contributions include his work with Goliath Artists, Inc., whose roster included Eminem, Cypress Hill, Xzibit, The Alchemist and DJ Muggs. One year after landing with Goliath, Morales was rewarded with the role as director of A&R for the then-new imprint Shady Records, which, with Eminem and 50 Cent on its books, became one of the prominent labels in rap music.
“Growing up in New York City,” adds Morales, “Def Jam has served as a touchstone in my life for longer than I can remember. In my time as both a journalist and an executive, Def Jam has always been the pinnacle, the iconic hip-hop label, and the blueprint for others to follow.”
The A&R position has historically been one of music’s most glamorous executive roles. But it’s common to hear today that the job is closer to that of an anonymous Wall Street number-cruncher — many of the creative aspects have been removed.
Traditionally, A&Rs were tasked with finding the next generation of important artists, and then helping those acts make commercially successful songs. In the modern industry, in many cases, the A&R executives who play key roles in music-making decisions have been supplanted by those who are more interested in using hard analytics to find the next big hit. Taking advantage of the flood of data from digital platforms, music companies now often seek an edge over their competition by ingesting and analyzing reams of information from streaming services and social media sites.
“Over the past five years, everything has been centered around the data, the data, the data,” says Mike Weiss, head of A&R for the distribution company UnitedMasters. The industry now prioritizes “A&R guys who know that 10 is bigger than nine,” jokes Jeremy Maciak, a manager and former major-label A&R.
But label sources say that while the data can predict a hit single, it is far less effective at indicating who will become an enduringly popular artist. “We’ve all been burned to a certain degree,” says Tab Nkhereanye, a senior vp of A&R at BMG.
Arguing about the state of A&R is also arguing about the extent to which record companies can still provide artists with additional creative value. In theory, basing signing strategy on data helps labels unearth acts who are already exhibiting upward momentum and thus reduces the companies’ risk. And it’s a shortcut to nabbing market share in a hyper-competitive business where executive salaries — and shareholder confidence — are often tied to such metrics.
Relying on this type of quantitative research makes sense at a time when listeners have more choice than ever. Discovery has splintered in the era of personalization, and attention spans have evaporated. Since most of the levers the major labels once had to ensure exposure have lost their potency, signing artists who are already finding exposure on their own functions as an insurance policy.
“The world is different; the way that people connect with music is different; thus the A&R process has to be different,” says Jordan Weller, head of artist and investor relations at indify, a platform that helps independent acts find funding and support. “No executive can snap their fingers and guarantee that the world will buy into an artist anymore, because the consumers can finally decide what they want to listen to.”
Still, there is a concern — most pronounced among veteran A&Rs and managers — that the pendulum has swung too far towards analytics. “I have a saying to the A&Rs who focus all their time on data: You will be the first people replaced by a computer algorithm,” adds Mike Caren, who built up APG, his own label and publishing company, and served as a major-label A&R. He counsels younger employees, “don’t take the easy and short-term route of being 100% data reliant.”
All that data doesn’t communicate much about the artist behind the music. “It doesn’t tell the whole story,” Nkhereanye explains. “Can you perform live? Can you interview? Can you make more than two records that stream?”
In reality, managers and A&Rs say, few of the data-centric signings that landed big deals in recent years have been able to make even two tracks that stream. A number of these artists have been quietly dropped.
A former research-focused A&R acknowledges that the data-driven process surfaced a lot of duds. “I was getting frustrated because of the sheer amount of stuff coming up on research and then seeing it not really pan out a year later,” he says.
Labels are all also reviewing much of the same information — meaning everyone sees the next viral phenomenon within a day or two. “The companies get the same data, they’re all chasing the same artists,” longtime music attorney Don Passman recently told Billboard. If no one has a number-crunching advantage anymore, the labels that can provide the most creative assistance to the acts they sign might have the upper hand.
But that skill set may be in short supply precisely because the music industry has emphasized data so heavily in recent years. In Nkhereanye’s view, “companies started cutting back on paying great A&R talent. They would rather pay 10 research kids 100 grand and give them fake titles.”
“There are less A&Rs than ever that can help an artist cultivate their sound, and make better records for a broader audience,” adds J Grand, who has spent more than 15 years in A&R roles. “If all we do is rely on 0’s and 1’s, that’s a problem, especially with the rise of AI. We have to bring something else to the table.”
In this environment, “once the artist is signed, A&Rs don’t know how to help them,” explains Dave Gordon, a streaming consultant who worked at two major labels. And while not every artist needs help, some presumably would benefit from guidance.
In those cases, according to Gordon, the artist-label conversation becomes, “‘Do your thing; I don’t know how the f— you did it last time. Make another one for me, and I’ll turn it in for you.’”
Weiss distills the challenge facing contemporary A&R departments. “The people that have been able to catch things in that well of TikTok and data and research are all the ones that have been getting promoted,” he explains. Now, “the research well has essentially run dry. Everyone’s kind of looking around saying, ‘OK, how do we go back?’”
Mexican music star Espinoza Paz has signed a global deal with Virgin Music Group, Billboard has learned. Born Isidro Chávez Espinoza in Sinaloa, Mexico, the prolific singer-songwriter is known for his deep and emotional songs penned for other artists – such as Jenni Rivera and Banda MS – and for himself. Explore Explore See […]
Warner Music Group reported quarterly revenue was up 6% as of Sept. 30, as the third-largest U.S.-based music rode a solid release slate that included the Barbie soundtrack, Zach Bryan and FIFTY FIFTY to eclipse $6 billion in overall annual revenue for the first time. WMG reported revenue for its fiscal fourth quarter rose to […]
Creative agency, record label and artist-services company Big.Ass.Kids has launched a new hub on its website called the Neighborhood, a sort of digital universe where artists, writers, music fans and music industry executives can meet, share their work, tap into creative and artist services and even buy and sell books and music.
The Neighborhood, which is live now on the Big.Ass.Kids website, is a fully-illustrated world with its own characters and storefronts, each of which represents a different functionality for the ecosystem that B.A.K. has created.
One storefront, called the B.A.K. Projects, is a home to showcase the company’s creative work, which has included campaigns for the new Rick Ross and Meek Mill album Too Good to Be True; work with Lion Babe, Smino and Bishop Nehru and MF Doom; and its label compilation, See You Next Year in partnership with Pigeons & Planes, which came out this year and was executive-produced by Mike Dean. (A second volume, due out next year, was recently recorded at Rick Rubin’s Shangri-La Studios in Malibu.) Another, called Ralph’s Used & Rare Books, is a home for artist and executive interviews, industry guides for artists, music-inspired fiction writing and even actual used music book sales. A third, called the Music Man shop, showcases B.A.K.’s label releases, projects by the artists and executives they’ve worked with and audio interviews with artists and execs; it’s also a place for selling used vinyl. Each storefront has its own characters who live and work there, with their own back stories to tell.
Probably most significant for the industry are the Kat Cafe and The Playground. The Kat Cafe is home to B.A.K.’s artist services hub, where artists can go and browse through B.A.K.’s suite of services including management consultation, rollout support, tour management, synch licensing, artist development tools, content and design services, experiential marketing, brand partnerships and radio promotions from B.A.K.’s team. The Playground is a place where artists can find executives to help execute on the projects for which they need help, serving as a sort of vetted industry database for those looking to handpick their own teams based on their individual needs. (Conversely, it’s also a place where freelance industry executives can advertise their services.)
Big.Ass.Kids was formed in 2021 as a label and creative agency focused on collaborative projects, with its See You Next Year album in partnership with Pigeons & Planes and distributed by ADA featuring contributions from Ben Reilly, Teezo Touchdown, Ekkstacy, Wallice and more. The album rolled out with an intro by Dean and a partnership with Converse and will be the first in a series of collaborative albums that the company is aiming to release. On the agency side, B.A.K. worked on the Meek and Ross album through an interactive marketing plan involving a contest through which fans could win $50,000.
“We’ve been ideating on ways to become more impactful and disruptive since our launch,” founder and creative director le’Roy Benros told Billboard in a statement. “We’ve evolved into a creative ecosystem that supports and serves artists, creates moments and builds community. Our newly launched interactive Big.Ass.Kids neighborhood redefines how collaboration between artists and music professionals occur, creates unique ways for music discovery to happen; ultimately, it’s an exciting universe where music lovers, creatives and professionals can unite.”