Sanctuary Records

Last updated

Sanctuary Records Group Ltd.
Sanctuary.gif
Parent company BMG Rights Management
Founder Rod Smallwood, Andy Taylor
Defunct2007
Distributor(s) Alternative Distribution Alliance
Genre Rock, heavy metal, pop, electronic, hip hop
Country of originUnited Kingdom

Sanctuary Records Group Limited is a record label based in the United Kingdom and a subsidiary of BMG Rights Management. [1] Until June 2007, it was the largest independent record label in the UK and the largest independent music management company in the world. [2] It was also the world's largest independent owners of music intellectual property rights, with over 160,000 songs. [3]

A record label, or record company, is a brand or trademark associated with the marketing of music recordings and music videos. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists, and maintaining contracts with recording artists and their managers. The term "record label" derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and be both promoted and heard on music streaming services, radio, and television. Record labels also provide publicists, who assist performers in gaining positive media coverage, and arrange for their merchandise to be available via stores and other media outlets.

United Kingdom Country in Europe

The United Kingdom (UK), officially the United Kingdom of Great Britain and Northern Ireland, and sometimes referred to as Britain, is a sovereign country located off the north-western coast of the European mainland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state, the Republic of Ireland. Apart from this land border, the United Kingdom is surrounded by the Atlantic Ocean, with the North Sea to the east, the English Channel to the south and the Celtic Sea to the south-west, giving it the 12th-longest coastline in the world. The Irish Sea lies between Great Britain and Ireland. With an area of 242,500 square kilometres (93,600 sq mi), the United Kingdom is the 78th-largest sovereign state in the world. It is also the 22nd-most populous country, with an estimated 66.0 million inhabitants in 2017.

BMG Rights Management international music company

BMG Rights Management (BMG) is an international music company based in Berlin, Germany. It combines the activities of a music publisher and a record label.

Contents

History

The company was formed in 1979 by Rod Smallwood and Andy Taylor, who had first met as undergraduates at Trinity College, Cambridge, and later organized dance events for students together. In 1979, they discovered Iron Maiden in a London pub and went on to manage the heavy metal group. They consequently named the record company after the band's song "Sanctuary", an early Iron Maiden composition which was released as a single in 1980, and later included on American pressings as well as the reissued CD version of their 1980 eponymous debut album.

Rod Smallwood British music manager

Roderick Charles Smallwood is an English music manager, best known as the co-manager of the British heavy metal band Iron Maiden. With his business partner, Andy Taylor, whom he met while studying at Trinity College, Cambridge, he founded the Sanctuary Records Group in 1979, which became the largest independent record label in the UK and the largest independent music management company in the world until its closure in 2007. Prior to managing Iron Maiden, Smallwood managed Steve Harley & Cockney Rebel.

Andy Taylor, co-manager of the British band Iron Maiden and co-founder in 1979 of Sanctuary Records, which described itself, as of January 2007, as the UK's largest independent record company, one of the world's leading developers of music intellectual property rights (IPR) and the world's largest independent owner of music IPR. The company was named after the Iron Maiden song "Sanctuary". His business partner is Rod Smallwood, whom he met when students at Trinity College, Cambridge.

Trinity College, Cambridge constituent college of the University of Cambridge in England

Trinity College is a constituent college of the University of Cambridge in England. With around 600 undergraduates, 300 graduates, and over 180 fellows, it is the largest college in either of the Oxbridge universities by number of undergraduates. In terms of total student numbers, it is second only to Homerton College, Cambridge.

Sanctuary Records are noted for preferring to sign artists with long-term appeal, usually the artists are those considered heritage acts, being artists that have had a long career and steady fan base.

Between 1989 and 1991, Sanctuary was co-owned by the Zomba Group, whose music publishing arm still held the music of Iron Maiden in 2001. [4]

In 1994, the company diversified. Amongst the new media interests included a joint venture with screenwriter and producer, Raymond Thompson, which evolved into the Cloud9 Screen Entertainment Group.

Iron Maiden's back catalog was re-issued by Sanctuary in conjunction with Columbia/SME Records in the US in 2002.

Iron Maiden English heavy metal band

Iron Maiden are an English heavy metal band formed in Leyton, East London, in 1975 by bassist and primary songwriter Steve Harris. The band's discography has grown to thirty-eight albums, including sixteen studio albums, twelve live albums, four EPs, and seven compilations.

Kenny Rogers' 1980s back catalog (originally released on RCA Records) was re-issued by Sanctuary's Castle Music label in conjunction with Kenny Rogers' Dreamcatcher Records in the UK. The albums were only available as imports in the US. Rogers' 2003 release "Back To The Well" was released by Sanctuary in the UK.

Kenny Rogers American country singer and songwriter

Kenneth Ray Rogers is an American singer, songwriter, actor, record producer, and entrepreneur. He is a member of the Country Music Hall of Fame.

RCA Records is an American record label owned by Sony Music, a subsidiary of Sony Corporation of America. It is one of Sony Music's four flagship labels, alongside RCA's former long-time rival Columbia Records, Arista Records, and Epic Records. The label has released multiple genres of music, including pop, classical, rock, hip hop, electronic, R&B, blues, jazz, and country. Its name is derived from the initials of its defunct parent company, the Radio Corporation of America (RCA). It was fully acquired by Bertelsmann in 1986, making it a part of Bertelsmann Music Group (BMG); however, RCA Records became a part of Sony BMG Music Entertainment, a merger between BMG and Sony Music, in 2004, and was acquired by the latter in 2008, after the dissolution of Sony BMG and the restructuring of Sony Music. It is the second oldest record label in American history, after sister label Columbia Records.

Castle Communications, also known as Castle Music, was a British independent record label and British home video distributor founded in 1983 by Terry Shand, Cliff Dane, and Jon Beecher. Its video imprint was called Castle Vision. The label's production ceased in 2007, and its remaining rights are now chiefly vested in BMG Rights Management. Castle also operated a subsidiary label, Essential Records.

Mayan Records was an imprint of Sanctuary Records, under which Lordi's UK album The Monster Show was released.

Lordi Finnish hard rock band

Lordi is a Finnish hard rock/heavy metal band, formed in 1992 by the band's lead singer, songwriter and costume maker, Mr Lordi. In addition to their melodic metal music, Lordi are also known for wearing monster masks and using horror elements with pyrotechnics during concerts and music videos.

<i>The Monster Show</i> 2005 compilation album by Lordi

The Monster Show is a compilation album by Lordi, released in 2005. The album contains songs from Get Heavy and The Monsterican Dream for marketing in the UK, including a DVD with three of their videos. It was released under Mayan Records which is an imprint of Sanctuary Records.

2006 saw Sanctuary's notable twentieth anniversary release of CD86: 48 Tracks from the Birth of Indie Pop , a reissue of the pivotal UK independent compilation C86 . [5]

The company incurred significant losses in its 2004 and 2005 fiscal years. Sanctuary's losses in 2005 increased to £142.6m from £26.7m in 2004. In October 2005, the company announced that one quarter of its staff, representing 175 positions, would be eliminated. [6] One such layoff was John Kalodner, [7] senior vice-president of A&R, with over thirty years of industry experience. [8]

The company partly blamed the loss increase on record release delays, while announcing, in early 2006, a £110m rescue deal. [9] These events, plus pressure from the UK financial and business leaders led to Smallwood becoming merely a general manager of the company, Taylor becoming Chief Executive and former British Airways chief executive Bob Ayling being installed as the new Chairman. On 26 May 2006, Ayling dismissed Taylor, following a review of accounting practices prompted by inquiries from the Financial Reporting Review Panel. [9] The board's publicly stated reason for the dismissal was "that certain of the prior year adjustments made in the 2005 accounts should have been presented as a correction of fundamental errors and not as changes in accounting policy". [9] Taylor was replaced by Frank Presland, the chief executive of Sanctuary-owned Twenty-First Artists Management. [9]

In July 2006, it was reported that MAMA, the management group behind the Kaiser Chiefs and Franz Ferdinand and headed by Mean Fiddler chief Dean James, had bid for the group. This proved unsuccessful, further depressing the share value of the company. In late 2006, Rod Smallwood left the company, taking with him Iron Maiden's management interests.

In April 2007 Billboard reported that Sanctuary Records would cease to exist as a new release label in the US that summer, though catalog, licensing, and new media operations would continue. On 15 June 2007 Universal Music Group announced it had reached an agreement to buy Sanctuary Records for £44.5 million. [10] The agreement was completed in October 2007. By December 2007, it appeared that the Sanctuary name had begun to be phased out, with both Morrissey and Robert Plant being transferred to the Universal-owned Decca Music Group for future releases.

On 21 September 2012, regulators approved Universal Music Group's planned acquisition of EMI from Citibank for £1.2 billion. [11] However, due to conditions imposed by the European Commission, UMG was required to sell Sanctuary. [12] BMG Rights Management acquired Sanctuary for over €46 million. [13] In June 2013, BMG agreed to have INgrooves distribute the label's catalogue in North America, while the PIAS Group would handle international rights; however, Black Sabbath's catalogue remained at Universal until March 2014, when BMG took over the band's distribution. [14] In March 2017, BMG transferred the distribution rights of select Sanctuary artists to Warner Music Group's ADA division. [15]

Labels catalogue

Former artists

Iron Maiden are one of the last artists currently signed to Sanctuary, which released their latest album, The Book of Souls in North America, on 4 September 2015. [16]

See also

Related Research Articles

Virgin Records UK record company

Virgin Records Ltd. is a British record label founded by entrepreneurs Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman in 1972. It grew to be a worldwide phenomenon over time, with the success of platinum performers such as Aaliyah, George Michael, Paula Abdul, Janet Jackson, Roy Orbison, Devo, Tangerine Dream, Genesis, Keith Richards, the Human League, Culture Club, Simple Minds, Lenny Kravitz, dc Talk, the Smashing Pumpkins, Mike Oldfield, Gorillaz, Lewis Capaldi and Spice Girls, among others.

Bertelsmann Music Group record label company

Bertelsmann Music Group was a division of German media company Bertelsmann before its completion of sale of the majority of its assets to Japan's Sony Corporation of America on 1 October 2008. Although it was established in 1987, the music company was formed as RCA/Ariola International in 1984 as a joint venture to combine the music label activities of RCA Corporation's RCA Records division and Bertelsmann's Ariola Records and its associated labels which include Arista Records. It consisted of the BMG Music Publishing company, the world's third largest music publisher and the world's largest independent music publisher, and the 50% share of the joint venture with Sony Music Entertainment, which established the German American Sony BMG Music Entertainment from 2004 to 2008.

<i>Iron Maiden</i> (album) 1980 studio album by Iron Maiden

Iron Maiden is the debut studio album by the English heavy metal band Iron Maiden. It was issued by EMI on 14 April 1980 in the UK, and a few months later in North America, originally on Harvest/Capitol Records and subsequently Sanctuary Records/Columbia Records in the US. The North American version also included the song "Sanctuary", previously released in the UK as a non-album single. In 1998, along with the rest of the band's pre-1995 releases, Iron Maiden was remastered with "Sanctuary" added in all territories. It is the band's only album to feature guitarist Dennis Stratton.

<i>Powerslave</i> 1984 studio album by Iron Maiden

Powerslave is the fifth studio album by the English heavy metal band Iron Maiden, released on 3 September 1984 on EMI in Europe and its sister label Capitol Records in North America. It was re-released by Sanctuary/Columbia Records in the United States in 2002.

<i>Seventh Son of a Seventh Son</i> 1988 album by Iron Maiden

Seventh Son of a Seventh Son is the seventh studio album by English heavy metal band Iron Maiden, released on 11 April 1988 by the EMI label in Europe, and its sister label Capitol in North America. It was re-released on 2002 by Sanctuary/Columbia in the United States. It is the band's last studio album to feature guitarist Adrian Smith until 2000's Brave New World.

<i>Fear of the Dark</i> (Iron Maiden album) 1992 album by Iron Maiden

Fear of the Dark is the ninth studio album released by English heavy metal band Iron Maiden. Released on 11 May 1992, it was their third studio release to top the UK albums chart and the last to feature Bruce Dickinson as the group's lead vocalist until his return in 1999.

Sony BMG Music Entertainment was an American record company owned as a 50–50 joint venture between Sony Corporation of America and Bertelsmann Music Group. The venture's successor, the revived Sony Music Entertainment, is wholly owned by Sony, following their buyout of the remaining 50% held by Bertelsmann AG. BMG was instead rebuilt as BMG Rights Management on the basis of 200 remaining artists.

Pye Records was a British record label. Its best known artists were Lonnie Donegan (1956–69), Petula Clark (1957–71), The Searchers (1963–67), The Kinks (1964–71), Sandie Shaw (1964–71), Status Quo (1968–71) and Brotherhood of Man (1975–79). The label changed its name to PRT Records in 1980, before being briefly reactivated as Pye Records in 2006.

<i>No Prayer for the Dying</i> 1990 album by Iron Maiden

No Prayer for the Dying is the eighth studio album by English heavy metal band Iron Maiden. It marks their first line-up change since 1982; guitarist Adrian Smith left the band during the pre-production phase, unhappy with the musical direction it was taking, and only having contributed to one song, "Hooks in You". Smith was replaced by Janick Gers, who had previously worked with singer Bruce Dickinson on his first solo-album, Tattooed Millionaire, and had also worked with Ian Gillan, former Marillion singer Fish, and new wave of British heavy metal band, White Spirit.

<i>A Real Dead One</i> 1993 live album by Iron Maiden

A Real Dead One is a live album by the British heavy metal band Iron Maiden, recorded in 1992/93 at concerts across Europe, and released on 25 October 1993. This album features songs from the very beginning of the band's career (1975) through the Powerslave era (1984), while counterpart A Real Live One only contains songs from the post-Powerslave albums.

John David Kalodner is a retired American A&R executive.

<i>A Real Live One</i> 1993 live album by Iron Maiden

A Real Live One is a live album by the British heavy metal band Iron Maiden, released in March 1993. The album tracks were recorded at 9 different venues in Europe on the Fear of the Dark Tour. This album features songs from the Somewhere in Time (1986) through Fear of the Dark (1992) eras, while counterpart A Real Dead One only contains songs from the pre-Somewhere in Time albums.

Purgatory (song) 1981 single by Iron Maiden song

"Purgatory" is Iron Maiden's fifth single, released on 15 June 1981, and would be their last with singer Paul Di'Anno. It served as the second single from Killers, though the preceding single, "Twilight Zone", was not included on the album's original pressings outside from the US. The single was reissued in 1990, on the same CD and 12" vinyl as the EP Maiden Japan, in the First Ten Years box set.

CMC International was an American independent record label founded by Tom Lipsky in 1991, focused mainly on classic rock, and classic heavy metal. The label was the haven of many hard rock, arena rock, glam metal and AOR artists in the period when all the majors were investing all their financial efforts on grunge and alternative rock acts. In 1995 CMC started a partnership with BMG Entertainment, which in 1999 owned the majority of the company, with founder Tom Lipsky holding a minority stake.

Alternative Distribution Alliance music distribution company

Alternative Distribution Alliance (ADA) is a music distribution company owned by Warner Music Group, which represents the rights to various independent record labels. ADA prides itself in providing "independent artist and label partners with access to the resources, relationships & experience required to share their creative vision with a global audience."

Merck Mercuriadis

Merck Mercuriadis is a Canadian–American music industry executive and entrepreneur. He is the founder of Hipgnosis Songs Fund Limited, a publicly-traded music IP investment company, and the founder and CEO of Hipgnosis Songs Limited, the investment advisor to the fund, and an artist management and music publishing firm. Mercuriadis has managed artists including Nile Rodgers, Beyoncé, Elton John, Guns N' Roses, Iron Maiden, Morrissey, Pet Shop Boys, Macy Gray, Mary J. Blige, Joss Stone, Jane's Addiction, and Catherine Wheel. He served as the director and CEO of Sanctuary Group PLC from 1986 to 2007.

References

  1. BBC News, "Universal Music to buy Sanctuary" Archived 12 July 2011 at the Wayback Machine , 15 June 2007, accessed 16 June 2007
  2. BBC News, "Sanctuary may sell off some units" Archived 5 January 2013 at the Wayback Machine , 26 January 2007, accessed 16 June 2007
  3. "Corporate Information". Sanctuary Records Group Official Website. Archived from the original on 27 September 2007. Retrieved 10 April 2012.
  4. White, Adam. "The Untold Saga of the Zomba Group: Clive Calder's Empire is World's Largest Independent Music Firm" Billboard 113/18 (5 May 2001)
  5. Bob Stanley, sleevenotes to CD86
  6. BBC News, Sanctuary cuts a quarter of staff Archived 30 December 2016 at the Wayback Machine , 10 October 2005, accessed 29 December 2016.
  7. Melinda Newman, Kalodner looking forward with an eye on past. Billboard , 8 July 2006, p. 47, accessed 4 January 2017.
  8. Kalodner opted to leave the music business entirely. See Matt Wake, A&R Legend John Kalodner Talks Aerosmith and Why Rock Won't Reach the Masses Again Archived 21 September 2016 at the Wayback Machine . LA Weekly, 16 June 2016. Retrieved 4 January 2017.
  9. 1 2 3 4 BBC News, Sanctuary sacks boss over figures Archived 30 December 2016 at the Wayback Machine , 26 May 2006, accessed 29 December 2016.
  10. Kate Holton and Chris Wills, "Universal agrees to buy struggling Sanctuary" Archived 9 October 2007 at the Wayback Machine , Reuters, 15 June 2007, accessed 16 June 2007
  11. Joshua R. Wueller, Mergers of Majors: Applying the Failing Firm Doctrine in the Recorded Music Industry, 7 Brook. J. Corp. Fin. & Com. L. 589, 602 (2013).
  12. Sweney, Mark (21 September 2012). "Universal's £1.2bn EMI takeover approved – with conditions". London: The Guardian. Archived from the original on 27 September 2013. Retrieved 21 September 2012.
  13. Chmielewski, Dawn C. (14 February 2013). "Universal Music agrees to sell Sanctuary Records". Los Angeles Times. Archived from the original on 15 February 2013. Retrieved 15 February 2013.
  14. "Universal, Sony, [PIAS] and InGrooves partner with BMG on Sanctuary and Mute catalogues - Music Business Worldwide". musicbusinessworldwide.com. 25 June 2013. Archived from the original on 17 March 2017. Retrieved 1 May 2018.
  15. "BMG moves distribution of 8,000 albums to Warner's ADA - Music Business Worldwide". musicbusinessworldwide.com. 7 March 2017. Archived from the original on 13 March 2017. Retrieved 1 May 2018.
  16. nickderiso (18 June 2015). "Iron Maiden Announces First-Ever Double Album, 'The Book of Souls'". Ultimate Classic Rock. Archived from the original on 24 February 2017.