Capitol Music Group is an American-based front line umbrella label owned by Universal Music Group that oversees handling of record labels assigned to its Capitol Records division, and were inherited from its acquisition of EMI's recorded music catalog, save for Parlophone, which was sold to Warner Music in 2013. It is one of five umbrella labels owned by Universal Music—the other four being Interscope Geffen A&M, Island Records, Def Jam, and Republic Records.
Capitol Music Group was formed in February 2007 as a merger of Capitol Records and Virgin Records in an effort by EMI to restructure and save an average of $217 million yearly. Both Virgin Records and Capitol Records, however, remain imprints of the label.
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. As the head of the label, Flom reports directly to EMI Group CEO Eric Nicoli.
Capitol Music Group is an American-based front line umbrella label owned by Universal Music Group that oversees handling of record labels assigned to its Capitol Records division, and were inherited from its acquisition of EMI's recorded music catalog, save for Parlophone, which was sold to Warner Music in 2013. It is one of five umbrella labels owned by Universal Music—the other four being Interscope Geffen A&M, Island Records, Def Jam, and Republic Records.
Capitol Music Group was formed in February 2007 as a merger of Capitol Records and Virgin Records in an effort by EMI to restructure and save an average of $217 million yearly. Both Virgin Records and Capitol Records, however, remain imprints of the label.
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. As the head of the label, Flom reports directly to EMI Group CEO Eric Nicoli.
WorldNews.com | 21 Aug 2018
WorldNews.com | 22 Aug 2018
WorldNews.com | 21 Aug 2018
WorldNews.com | 21 Aug 2018
WorldNews.com | 22 Aug 2018
WorldNews.com | 21 Aug 2018