RUMOR MILL
Thursday, December 7, 2000
WMG SIGNS STRICTLY RHYTHM DEAL
Joint Venture With Independent Label Isn’t Limited To Back-Seat Rhythm
Warner Music Group is expanding its dance music offerings by inking a 50-50 long-term worldwide joint-venture deal with independent label Strictly Rhythm Records.
Under the agreement, Strictly Rhythm's releases will continue to be distributed by WMG's independent U.S. distribution arm, Alternative Distribution Alliance. In addition, Warner Music International will step in to distribute offerings outside of the United States.
Strictly Rhythm's staff will remain intact and they will work closely with WMG's London-Sire Records.
Under the agreement, Strictly Rhythm's releases will continue to be distributed by WMG's independent U.S. distribution arm, Alternative Distribution Alliance. In addition, Warner Music International will step in to distribute offerings outside of the United States.
Strictly Rhythm's staff will remain intact and they will work closely with WMG's London-Sire Records.
"I'm pleased to welcome Mark and his team into the Warner Music family, and I'm confident we will benefit from their unique combination of entrepreneurial wisdom and creative savvy," WMG's London-Sire Records President Peter Koepke said. "With this agreement, we will significantly increase our presence in the dance music arena."
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
