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Label News (more headlines) 08-14-2017

Because Acquires Majority Of Former London Records Catalogue

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Website: http://namepr.co.uk/site/2017/08/10/because-acquires-majority-of-[...]
• Because Group acquires Warner Music 90
• Encompasses majority of former London Records catalogue
• Prestigious French artists including Mano Negra also acquired via divestment process
• Nominated for AIM’s Independent Label of the Year

Thursday 10th August, Paris:- The Because Group has acquired Warner Music 90, which encompasses the majority of the catalogue formerly known as London Records, from Warner Music Group.

Warner Music 90, which will be renamed London Music Stream, is home to the majority of former London Records artists, including Bananarama, Happy Mondays, Fine Young Cannibals, Orbital, Jimmy Somerville, Bronski Beat, East 17, Goldie, Shakespears Sister and over 50 other important catalogues.

This acquisition, part of the Parlophone divestment process agreed between Warner Music Group and Merlin/IMPALA, sees the majority of the iconic London Records’ catalogue return to the independent sector. London Music Stream will operate separately from the Because Music UK office and have its own identity as an independent source of repertoire.

Earlier in the year, Because also acquired the catalogues of ten prestigious French artists including Mano Negra, Rita Mitsouko, Camille and Les Negresses Vertes, also as part of the Warner divestment process.

In addition to these acquisitions, Because Music UK has been nominated in the Independent Label of the Year category in the 2017 AIM Awards. This follows the label’s win in the same category at the Music Business Worldwide A&R Awards last year.

Emmanuel de Buretel says: “I am delighted to have the opportunity to work with a talented group of artists whom I have long admired, and whose music remains relevant today. It is a great honour to be in a position to build on the legacy of the amazing creative vision established by Roger Ames and Tracy Bennett more than 25 years ago, and take London to a new level. The catalogue includes some incredible hit songs which we intend to revitalise in the digital age.

“The ambition for this company is first to optimise the catalogue of the London artists on a worldwide basis using the resources of Because Music, and then to take the label back to its glory days with fresh ideas and talented people, all while using new opportunities on offer in terms of music, creativity, technology and data”.

About Because

The Because Group was created more than 12 years ago by Emmanuel de Buretel (former CEO of Virgin Europe and EMI Europe) and is active in music production, music publishing, touring and venues. It is one of the leading independent music groups in Europe with artists such as Christine and the Queens, Metronomy, Major Lazer, Justice, Django Django and Charlotte Gainsbourg. Because Music UK won Independent Label of the Year at the Music Business Worldwide A&R Awards 2016, and has been nominated for Independent Label of the Year at the 2017 AIM Awards.

http://www.because.tv/

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