E.G. Records

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E.G. Records
Parent company Universal Music Group  (UMG)
Founded1969
Founder
  • David Enthoven
  • John Gaydon
Defunct1996
StatusInactive
Distributor(s)1969–74  Island Records
1975–90  Polydor / PolyGram
1991–2012  Virgin / EMI
2013–present  Virgin EMI / UMG
GenreVarious
Country of originUK

E.G. Records was a British artist management company and independent record label, mostly active during the 1970s and 1980s. The initials stood for its founders, David Enthoven and John Gaydon.

Contents

The pair signed on as managers of King Crimson in early 1969, during the formative stage of the band and prior to the release of debut In the Court of the Crimson King , with it springboarding their entrance into the record label and music publishing markets. They also signed T. Rex, Emerson, Lake & Palmer and Roxy Music to management.

Gaydon left the company in 1971 and Enthoven, due to declining health, in June 1977. [1] Samuel George Alder [2] and Mark Fenwick (later managing Roger Waters) took over control of the companies, re-releasing material from King Crimson in addition to new releases from acts such as Iain Ballamy, Bill Bruford, The Chieftains, Earthworks, Brian Eno, Robert Fripp, Human Chain, Killing Joke, Loose Tubes, Man Jumping, Penguin Cafe Orchestra, Elan Sicroff, Toyah Willcox, and U.K.

The label was distributed in the UK by Island Records (through 1974) and then Polydor Records. In the US, artists were placed on Atlantic Records, Warner Bros. Records, Reprise Records, Atco Records, Polydor Records, Passport Records/Jem Records, Caroline Records and Virgin Records and on various other labels in other parts of the world.

Alder and Fenwick were investors in Lloyd's of London and attempted an entrance into the real estate market; major losses on both ventures through 1988-1991 led them to have E.G. loan 4 million pounds towards their failing businesses, which led to no royalty payments to their roster for that time period. [3] [1] This prompted extensive legal battles with many of the artists they were involved with. Most notable among those was the one undertaken by Robert Fripp, which lasted 7 and a half years (April 1991 - September 1997). [4] [5] Fripp has been publicly critical of Sam Alder's business practices, both in regards to the non-payment of royalties and beyond, recounting the development of the situation that led to the lawsuit and digitizing/reproducing financial/legal documents multiple times on his online diary. [1]

E.G. was sold to Virgin Records in 1992, which continued operating E.G. In 1996, after Virgin was sold to EMI, it was absorbed into Virgin.

Enthoven was born on 5 July 1944. He continued in music management until his death on 11 August 2016. [6]

See also

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References

  1. 1 2 3 4 Fripp, Robert, ed. (27 June 2012) [6 January 1970, August 1975, 22 February 1976, 7 June 1990, 5 March 1991, 7 March 1991, 17 April 1991, 3 June 1991, 1992, 22 January 1992, 19 June 1993, 26 June 1993, 27 June 1993, 3 July 1993, 10 July 1993, 24 July 1993, 7 August 1993, 13 August 1993, 1994-5, 30 October 1999, 9 December 2002, 15 April 2004, 13 July 2006, 10 February 2009, 11 February 2009, 8 November 2009, 1 December 2009, 21 March 2011, 7 August 2011, 16 August 2011, 12 March 2012]. "27 June 2012". Robert Fripp's Diary. Discipline Global Mobile. Retrieved 28 March 2019.
  2. "Bredonborough Rising at and over". Dgmlive.com. 12 March 2012. Retrieved 1 May 2020.
  3. "Wednesday, 4th April 2007". Robert Fripp's Diary. Salisbury: Discipline Global Mobile. Archived from the original on 21 April 2016. Retrieved 28 March 2019.
  4. Bruford, Bill (2009). The Autobiography: Yes, King Crimson, Earthworks, and More (1st ed.). London: Jawbone Press. ISBN   978-1-906002-23-7.
  5. Bambarger, Bradley (11 July 1998). "Fripp Label Does It His Way". Billboard . Vol. 110 no. 28. Nielsen Business Media, Inc. p. 86 via Google Books.
  6. Williams, Richard (12 August 2016). "David Enthoven obituary". Music | Pop and rock. The Guardian . Guardian Media Group . Retrieved 31 March 2019.