SPV GmbH (also known as Schallplatten Produktion und Vertrieb GmbH) is an independent German record label.
Founded on January 1, 1984, it has slowly grown to be one of the largest independent distributors and record labels worldwide.
It also has several sublabels that it produces and distributes, including the heavy metal labels Steamhammer, Synthetic Symphony, Oblivion, SPV Recordings/SPV America and Audiopharm.
Artists
SPV's most successful artists include Sepultura, Kreator, Sodom, Evildead, Angra, Eric Burdon, Blackmore's Night, Whitesnake, Motörhead, Doro, Helloween, Kamelot, Iced Earth, Moonspell, Saxon, Monster Magnet, Type O Negative and Skinny Puppy.
Insolvency
The managing partner, Manfred Schütz, decided to submit an application to commence insolvency proceedings on 25 May 2009 – roughly equivalent to Chapter 11 bankruptcy protection in the USA. In response to this, on 27 May 2009, the District Court of Hannover appointed the attorney Manuel Sack as the provisional insolvency administrator. According to Schütz, together with Sack, the management of SPV GmbH will not only carry on business operations, but also continue working in the areas of production and distribution in the usual way.
After a substantial resizing of its business and a partnership venture agreement with
Sony Music Entertainment, which obtained the rights for some of the German label's main artists and for a part of the catalog, SPV went back into production with a new staff at the end of 2009.
See also
List of record labels
References
Category:German independent record labels
Category:Record labels established in 1984
Category:Rock record labels
Category:Heavy metal record labels
Category:IFPI members
