Capitol Music Group | |
---|---|
Parent company | Universal Music Group (UMG) |
Founded | 2007 |
Founder | EMI |
Distributor(s) | Interscope Capitol Labels Group (United States, United Kingdom, Canada, Australia, New Zealand, France, Sweden) Universal Music Group (International) |
Genre | Various |
Country of origin | United States |
Location | Hollywood, California |
Official website | www |
Capitol Music Group is an American front-line umbrella label operating as a unit of Interscope Capitol Labels Group, itself a division of Universal Music Group. Inherited from UMG's acquisition of EMI's catalog in 2013, it oversees the handling of record labels assigned to UMG's Capitol Records division. The current chair and CEO is Tom March.
Capitol Music Group was formed in February 2007 as a merger of Capitol Records and Virgin Records America in an effort by EMI to restructure and save an average of $217 million yearly. [1] Both Virgin Records and Capitol Records, however, remained imprints of the label. [2]
Virgin Records CEO Jason Flom was named the head of the division, with Capitol Records CEO Andy Slater resigning after receiving a pension reportedly worth more than $15 million. [3] As the head of the label, Flom reported directly to EMI Group CEO Eric Nicoli. [4]
A total of 283 artists signed to Capitol Music Group, including Mims, [5] LeToya Luckett, J. Holiday, Royal Bliss, Mack 10, Faith Evans, Fat Joe, and since 2007, Katy Perry, Barbara Pravi, Paul McCartney, Duncan Laurence, Calum Scott, Ferras, and Rucka Rucka Ali. In 2014 both Morrissey and Neil Diamond were confirmed to have signed with Capitol Records, Morrissey having signed a two-album deal. However, the latter was given to Parlophone as a result of that label's sale to Warner Music.
In 2010, Virgin Records was spun off from Capitol Music Group to form Virgin Music Group; as of 2013, however, the Virgin Music Group was dissolved, resulting in Virgin Records returning to its placement under CMG. [6]
In November 2012, it was announced that Steve Barnett would become the chairman and CEO of the company. [7]
With EMI's absorption (sans Parlophone) into Universal Music Group complete, Capitol Music Group is now part of UMG's five label units in the UK. [8] The Beatles have been confirmed to appear on Capitol UK. [9]
In April 2013, Robbie McIntosh was named head of Capitol's international operations. [10]
In November 2016, the company's chairman and CEO Steve Barnett announced that the company has three endeavors planned out that include music, film and literary projects that pay tribute to eight decades' worth of artists signed to the label. [11]
In November 2020, Jeff Vaughn was named new Chairman/CEO, replacing Steve Barnett. [12]
In December 2021, Michelle Jubelirer was promoted to chair and CEO of Capitol Music Group. She reported to Universal Music Group chairman and CEO Lucian Grainge. [13]
In early 2024, after Grainge announced a restructuring that would see Capitol operate under the same umbrella with Interscope Geffen A&M, Jubelirer left her post and was replaced by former Geffen head Tom March, who reports to ICLG chair John Janick. [14] As a result both CMG and IGA combined their operations into a new Universal Music label unit, Interscope Capitol Labels Group. [14]
Source: [15]
Through flagship label Capitol, CMG handles the back catalogs and has assumed the copyrights of master recordings from the following labels and sub-labels acquired or distributed by UMG's predecessor EMI throughout its existence:
Geffen Records is an American record label, founded in late 1980 by David Geffen. Originally a music subsidiary of the now-defunct Geffen Pictures, it is owned by the Interscope Geffen A&M (IGA) faction of Universal Music Group (UMG).
Parlophone Records Limited is a record label founded in Germany in 1896 by the Carl Lindström Company as Parlophon. The British branch of the label was founded on 8 August 1923 as the Parlophone Company Limited, which developed a reputation in the 1920s as a jazz record label. On 5 October 1926, the Columbia Graphophone Company acquired Parlophone's business, name, logo, and release library, and merged with the Gramophone Company on 31 March 1931 to become Electric & Musical Industries Limited (EMI). George Martin joined Parlophone in 1950 as assistant to Oscar Preuss, the label manager, taking over as manager in 1955. Martin produced and released a mix of recordings, including by comedian Peter Sellers, pianist Mrs Mills, and teen idol Adam Faith.
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EMI Group Limited was a British transnational conglomerate founded in March 1931 in London. At the time of its acquisition by Universal Music in 2012, it was the fourth largest business group and record label conglomerate in the music industry, and was one of the "Big Four" record companies. Its labels included EMI Records, Parlophone, Virgin Records, and Capitol Records, which are now referenced under Universal Music due to their acquisition with the exception of Parlophone, as it is now owned by Warner Music.
Capitol Records, LLC, and simply known as Capitol, is an American record label owned by Universal Music Group through its Capitol Music Group imprint. It was founded as the first West Coast-based record label of note in the United States in 1942 by Johnny Mercer, Buddy DeSylva, and Glenn E. Wallichs. Capitol was acquired by British music conglomerate EMI as its North American subsidiary in 1955. EMI was acquired by Universal Music Group in 2012, and was merged with the company a year later, making Capitol and the Capitol Music Group both distributed by UMG. The label's circular headquarters building is a recognized landmark of Hollywood, California.
Universal Music Group N.V. is a Dutch–American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music Group and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021, at a valuation of €46 billion.
Astralwerks is an American record label primarily focused on electronic music that is now owned by Universal Music Group. Its material is distributed via Capitol Music Group in the United States. The label was founded in 1993 and, in its early years, featured prominent British acts like The Future Sound of London, Fatboy Slim and The Chemical Brothers. In recent years, its roster has expanded to include acts like Halsey, Marshmello, Porter Robinson, Illenium, Zhu and numerous others. In 2018, Astralwerks' headquarters were moved from its original home of New York City to Los Angeles.
EMI Records is a British multinational record label owned by Universal Music Group. It was originally founded as a British flagship label by the music company EMI in 1972, and launched in January 1973 as the successor to its Columbia and Parlophone record labels. The label was later launched worldwide. It has a branch in India called EMI Records India, run by director Mohit Suri. In 2014, Universal Music Japan revived the label in Japan as the successor to EMI Records Japan. In June 2020, Universal revived the label as the successor to Virgin EMI, with Virgin Records now operating as an imprint of EMI Records. In February 2024, UMG Philippines relaunched EMI as a successor to the former EMI Philippines label after 22 years.
The Island Def Jam Music Group (IDJMG) was an American recording music unit, formed on December 31, 1998 by Universal Music Group. It consisted of labels created under the operations of Island Records and Def Jam Recordings. On April 1, 2014, Universal Music Group publicly announced the disbandment of the Island Def Jam Music Group, leaving IDJMG and its affiliated subsidiaries compelled as separate sister labels.
Universal Records was a record label owned by Universal Music Group and operated as part of the Universal Motown Republic Group. The label has been dormant since 2006, due to Universal Motown and Universal Republic Records being formed and taking all of the artists from it. Those labels were eventually combined to form the latest iteration of Republic Records.
EMI Music Japan Inc., formerly Toshiba EMI, was one of Japan's leading music companies. It became a wholly owned subsidiary of British music company EMI Group Ltd. on June 30, 2007, after Toshiba sold off its previous 45% stake. Its CEO and president was Kazuhiko Koike. When EMI Music Japan was trading as Toshiba-EMI, it was involved with the production of anime. On April 1, 2013, the company became defunct, following its absorption into Universal Music Japan as a sublabel under the name EMI Records Japan.
Capitol Christian Music Group (Capitol CMG) (formerly known as EMI Christian Music Group) is an American music group that, since 2013, is under the ownership of Universal Music Group. It is based in Nashville, Tennessee. Capitol CMG is in the Christian Gospel music industry.
Universal Music Group Nashville is Universal Music Group's country music subsidiary. It was officially opened on New Year's Day 1945 as MCA Nashville and Mercury Nashville which on New Year's Day 1950 as Capitol Nashville. Some of the labels in this group include MCA Nashville Records, Mercury Nashville Records, Lost Highway Records, Capitol Records Nashville and EMI Records Nashville. UMG Nashville not only handles these imprints, but also manages the country music catalogues of record labels Universal Music and predecessor companies acquired over the years including ABC Records, Decca Records, Dot Records, DreamWorks Records, Kapp Records, MGM Records and Polydor Records.
Interscope Geffen A&M Records (IGA) is an American umbrella label operating as a unit of Interscope Capitol Labels Group, owned by Universal Music Group. It currently consists of record labels Interscope Records and Geffen Records.
Sir Lucian Charles Grainge is a British record executive who has served as chairman and chief executive officer (CEO) of Universal Music Group since 2010. Beginning as an A&R staffer in the late 1970s, Grainge has worked in the music industry his entire career. Billboard magazine named him the most powerful person in the music business on four occasions in the 2010s, and was named the inaugural Executive of the Decade in 2020.
Steve Barnett is the former Chairman and CEO of Capitol Music Group.
Virgin EMI Records was a British record label owned by the Universal Music Group that was formed in 2013. In June 2020, the label was rebranded as EMI Records, and operates Virgin Records as an imprint of the new EMI Records.
Michelle Jubelirer is an American music industry executive and attorney. She was the chairperson and CEO of Capitol Music Group from 2021 to 2024, serving as the first woman to lead CMG in its 80-year history. She resigned from the position on February 6, 2024, several months after Capitol's parent company, Universal Music Group, announced a realignment of its label reporting structure. On February 29, Jubilerer was named Executive of the Year in Billboard magazine's annual survey of women in music.
Boyd Muir is Executive Vice President, Chief Financial Officer and President of Operations for Universal Music Group.