KOAR News: Label Signings
Posted December 18, 2006 — in Music News
- Powerspace who is repped by lawyer Dan Friedman signs to Fueled By Ramen.
- Philadelphia alternative act Liam and Me who KOAR talked about signs to Thrive Records.
- Sparks the Rescue signs to Double Blind Music.
- Warner Music is acquiring a majority stake in Roadrunner . The agreement gives WMG 73.5 percent of the company for $73.5 million. In the U.S., Roadrunner Records will be a freestanding label group within WMG’s Atlantic Records Group.
This is cool for RR Records. WMG handles rock acts much better then IDJ in my opinion. Im surprised to hear that they are being tied with Atlantic though.
You can only assume there will be a few cutbacks though along the way on both ends
Comment by Rich — December 20, 2006 @ 12:02 pm