Zomba Label Group - Factbites

Zomba Label Group - Factbites
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Topic: Zomba Label Group

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In the News (Mon 6 Jul 09)

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	The Daily Texan
		BRUSSELS, Belgium - The European Union's head office gave its approval to the German media giant Bertelsmann AG's $3 billion buyout of U.S.-based Zomba Music Group, record label of Britney Spears, 'N Sync and the Backstreet Boys.
		German BMG label buys out Zomba Music Group
		The deal will see Zomba, the world's largest independent record label, end up under the control of Bertelsmann's music subsidiary BMG, which owns more than 200 record labels, including Arista Records, RCA Records and Ariola Music.
	www.dailytexanonline.com /media/paper410/news/2002/09/05/Entertainment/Briefs-499589.shtml?norewrite&sourcedomain=www.dailytexanonline.com (335 words)

	Backstreet Boys Sue Zomba Seeking $100 Million
		They have sued Zomba Music Group, saying the record label effectively barred the group from recording a new album because of a preoccupation with a now-completed merger with German media giant Bertelsmann AG.
		A lawyer for the boy band, one of Zomba's biggest acts, said on Tuesday the group was seeking $75 million for violation of trademark, $5 million for a lost advance and at least $20 million in punitive damages in the lawsuit filed in federal court in Manhattan.
		Zomba leaves behind its ranking as the world's biggest independent label as it moves under the umbrella of BMG, home to stars such as Christina Aguilera and the Foo Fighters and a catalog including Elvis Presley.
	www.backstreet.net /www.cgi?x=show&d=news&i=021126-2305-00 (534 words)

	Gospel Music -- Keith "Wonderboy" Johnson Joins The Verity Records Family -- Entertain Your Belief
		Established in 1994, Verity Records (part of the Zomba Group of Labels) is currently the largest Gospel label in the United States and has made a lasting impression to the recording industry and listening public, becoming the premiere source for quality recorded Gospel music.
		He first exploded onto the music scene with the Spiritual Voices, in 1998, with the release of the critically acclaimed "Through The Storm," on the World Wide Gospel label.
		EMI CMG Distribution and Gaither Music Group extend relation
	www.gospelcity.com /dynamic/industry-articles/industry_news/38 (603 words)

	Bandmagazine.com - Article
		Over in Dotcom Land, Zomba Music Group, which had sued MP3.com for copyright-infringement over the unauthorized use of its music in the service, has settled and will now license content to MP3.com for use in the MyMP3 locker service.
		Cable music channel MuchMusic USA is set to run videos for major label artists produced by customers of Universal Music Group's GetMusic portal.
		The focus is on Sony Discos and EMI Latin (which produce approximately half of all Latin music sales), which according to the American Federation of Musicians, does not abide by the Phonograph Record Label Agreement, which safeguards the rights of the union's 110,000 members.
	www.bandname.com /magazine/articles/display_article.asp?article=global (598 words)

	Teen dreams, rock vets tune up.
		Jive, home to the Backstreet Boys and part of the white-hot Zomba Music Group, reupped its distribution agreement with BMG and on March 7, will issue the second disc of new material from 'N Sync, which had been on the BMG-distributed RCA imprint.
		One of the label groups, Interscope, which now includes Geffen, DGC and AandM, managed to claim more than 9% of all album sales in the U.S., making it the No. 2 label based on album sales.
		HOLLYWOOD (Variety) - The sound of young men singing and girls screaming continues to be music to the ears of the Bertelsmann Music Group as the music distributor cleared up one of its two most pressing issues as 1999 came to a close.
	www.fortunecity.com /tinpan/foottap/24/a083.htm (1346 words)

	Zomba Music Group - Wikipedia, the free encyclopedia
		Zomba now groups different labels: Epidemic Records,La Face Records, Jive Records, Music For Nations Records, Pinacle Records, Rough Trade Records, Silvertone, Verity Records and Volcano Records (formerly Scotti Bros. Records).
		Zomba Music Group was started in 1977 by Clive Calder as a book publishing venture and moved into the recording business in 1981 as Zomba Recording Corporation.
		On June 11, 2002 Zomba exercised this option and sold the remainder of the company to BMG for a reported $3 billion ending its reign as the world's largest independent record label.
	en.wikipedia.org /wiki/Zomba_Records (179 words)

	Provident Music Group Changes Operational Status CMSpin Article - Provident Music Group Changes Operational Status
		Effective immediately, Provident Music Group, one of the world's largest Christian music companies and part of Zomba Music Group, will operate under the umbrella of RCA Label Group-Nashville.
		Zomba’s confidence in the mission of Brentwood Music was reinforced by the purchase of Reunion Records in October of 1996 and The Benson Music Group in February 1997.
		The association of Provident Music Group with RLG-Nashville is part of BMG& integration of the Zomba Music Group, which BMG acquired in 2002.
	www.cmspin.com /newsmanager/anmviewer.asp?a=1137&z=1 (691 words)

	BBC NEWS Entertainment Music Backstreet Boys sue record label
		The group say they are "disappointed" that their label had "attempted to irresponsibly exploit the group".
		The suit alleges that, rather than release the fourth album, Zomba decided to produce and promote a solo album by one of the group's members, Nick Carter.
		The Backstreet Boys, one of Zomba's biggest acts, are seeking $75m (£47.4m) for violation of trademark, $5m (£3.1m) for a lost advance and at least $20m (£12.6m) in punitive damages.
	news.bbc.co.uk /1/hi/entertainment/music/2518305.stm (488 words)

	Newsbytes News Network: BMG to Buy Control of Zomba Music - Bertelsmann Music Group
		BMG, the music division of German media conglomerate Bertelsmann AG, announced yesterday that it has agreed to take control of Zomba Music Group, the record label that revived the teen pop genre with the likes of Britney Spears and 'N Sync.
		BMG to Buy Control of Zomba Music - Bertelsmann Music Group
		Music industry revenue declined 7 percent last year, a drop that some attribute to the growth of Internet technology that allows users around the world to trade copies of songs without paying, despite the shutdown of file-sharing giant Napster.
	www.findarticles.com /p/articles/mi_m0NEW/is_2002_June_12/ai_89573148 (467 words)

	The Telegraph - Calcutta : Business
		But the purchase is by far the most expensive record label acquisition in music history and analysts say the exorbitant price virtually ensures that Bertelsmann’s long-suffering music division, which appeared poised for a turnaround this year, will be swimming in red ink for years to come.
		Bertelsmann is purchasing the remaining 75 per cent stake in Zomba, for about $ 3 billion, as a result of a deal it agreed to a decade ago.
		Bertelsmann’s financial release comes amid an abrupt strategy shift that began five weeks ago with the unexpected ouster of chief executive Thomas Middelhoff, who had been leading the privately owned, conservative media giant to invest in emerging technology and undertake a public stock offering.
	www.telegraphindia.com /1020905/asp/business/story_1169285.asp (307 words)

	USATODAY.com - Bertelsmann taps hitmaker Clive Davis to tune up RCA label
		Along with the new RCA group and Arista, Schmidt-Holtz says he's "quite optimistic" about closing a deal by year's end to complete BMG's purchase of Zomba Music Group — home to Britney Spears and 'N Sync — and keep its founder, Clive Calder.
		In 2000, BMG, the No. 4 music operation, elbowed Davis out of its Arista Records label, which he founded.
		Bertelsmann's BMG music unit bought the 50% stake it doesn't already own in Davis' J Records, home to Alicia Keys, Rod Stewart and Luther Vandross.
	www.usatoday.com /money/media/2002-11-19-music_x.htm (510 words)

	Crosswalk.com - Music News for the Week of April 1
		Simultaneously, the label is a profitable entity in the diversified portfolio of Provident Music Group, a division of the New York-based Zomba Music Group.
		Nashville-based Provident Music Group, a unit of The Zomba Group of Companies, is among the world's top Christian music companies.
		The original Winans group, Mom and Pop Winans, Angie and Debbie Winans, Daniel Winans and Winans Phase 2 all performed during the show.
	www.crosswalk.com /fun/music/1133800.html (2285 words)

	Forbes.com: Warner Music could benefit as private company
		Many executives point to the success of Zomba Music Group, which was the largest independent label before it was bought by privately-held Bertelsmann's BMG.
		At one point, Zomba was riding high on such acts as Britney Spears, *NSync and Backstreet Boys.
		The music executive added, however, that cuts would probably be deeper had EMI bought Warner Music.
	www.forbes.com /work/newswire/2003/11/24/rtr1158997.html (769 words)

	LaFace Records -
		In 2004, after the corporate restructuring of the BMG labels, LaFace was reactivated as one quarter of the newly reconstructed Zomba Music Group.
		Also in the Zomba Group portfolio are labels like So So Def Recordings, Verity Records and Jive Records.
		The label was acquired completely by Arista and BMG in 1999.
	psychcentral.com /psypsych/LaFace_Records (284 words)

	My Past Loves - June 2002
		Bertelsman Music Group (BMG) bought up the entire Zomba Recording Corporation, the company that owns Jive Records---Jennifer Love Hewitt's new record label.
		The news Tuesday that BMG will pay an estimated €3 billion ($2.8 billion) for the shares of Zomba Music Group that it doesn't already own will be a nice step in that direction after several missteps during the past two years, according to observers.
		The German company acquired a 25% stake in Zomba's music publishing division in 1991, and in 1996 it acquired a 20% stake in Zomba's record company as well as a "put" option to buy the remaining stake by the end of this year.
	www.mylovehewitt.com /mylovenews/mpl062002.htm (4528 words)

	Gospel Music News
		Zomba Label Group led the way with the most nominations and solidifies its position in the Gospel marketplace as a true powerhouse with this year’s astounding 36 nods.
		Zomba Label Group (ZLG) is one of the industry's most dynamic record companies, and its associated labels are comprised of Jive, LaFace, So So Def, Verity, Volcano, Violator Records and GospoCentric.
		New York, NY – The Zomba Label Group, currently home to today’s foremost Gospel labels Verity and Gospo Centric Records collectively received 36 Stellar Award nominations, it was announced yesterday in a press conference.
	gospelcrib.8m.com /gospelnews.htm (4554 words)

	soundgenerator.com Julie Goldstein gets key marketing job at Zomba
		Julie Goldstein spoke of Zomba’s ongoing growth in the industry, "I am thrilled to join the team at Zomba Label Group.
		Julia Lipari, Senior Vice President of Marketing/Special Projects for The Zomba Label Group has appointed Julie Goldstein to Vice President, Marketing for The Zomba Label Group.
		I look forward to being part of the continued growth of Zomba on a creative and business level.
	www.soundgenerator.com /news/index.cfm?articleid=4922 (568 words)

	Gospel Music -- Verity Records Signs Donald Lawrence!!! -- Entertain Your Belief
		Established in 1994, Verity Records (part of the Zomba Label Group) is currently the largest Gospel label in the United States and has made a lasting impression to the recording industry and listening public, becoming the premiere source for quality recorded Gospel music.
		“To quote the President and CEO of the Zomba Label Group, Barry Weiss, this is the signing of the decade for Verity”, said Jazzy Jordan.
		Through this production, publishing and label deal, all Lawrence’s future solo efforts as well as releases from his newly formed label Quiet Water Entertainment will be exclusively on Verity Records.
	www.hiphopbus.com /dynamic/industry-articles/industry_news/82 (568 words)

	Backstreet Boys Nick Carter Zomba Records news : ENTERTAINMENT WEEKLY
		The complaint alleges that Zomba ''refused to actively participate in the selection of songs or producers'' for a follow-up to 2000's ''Black and Blue,'' effectively blocking the album, since the group is contractually barred from recording without the label's approval.
		The suit accuses Zomba Recording Company of backing away from an agreement to release a new Backstreet album in 2002, thus depriving the group of a $5 million advance.
		The group would have been entitled to the $5 million advance if they had delivered a new album by April 30, 2002, but the suit claims that Zomba made it impossible to meet that deadline.
	www.cnn.com /ew/ew/report/0,6115,394547%7E10%7E0%7E,00.html?cnn%3Dyes (503 words)

	Zomba Records
		The newly formed Zomba Label Group, a unit of the RCA Music Group, includes Jive Records, LaFace Records and So So Def Records.
		In 2002 Zomba Records was acquired by the Bertelsmann Music Group (BMG).
		The name Rough Trade was eventually abandoned in favour of that of the mother company.
	www.discogs.com /label/Zomba+Records (237 words)

	Zomba Records Canada to Open on July 1st, 1999
		NEW YORK--(ENTERTAINMENT WIRE)--May 25, 1999--Surrounded by the record breaking sales week of it's Jive label artist Backstreet Boys album Millennium, the Zomba Record Group is set to open Canadian offices on July 1, 1999.
		The Zomba Labels (which include the hugely successful Jive label) will continue to be distributed in Canada by BMG Music Canada.
		Zomba Records (Canada) is also thrilled to announce the appointment of Laura Bartlett as President.
	www.geocities.com /cookiecarter/zomba.html (237 words)

	SACD News: Zomba & Jive Records Plan Up to 10 SACD Titles in 2002 [HFR]
		Zomba Record Group, which includes the Jive Records label, plans to release up to 10 SACD titles during 2002.
		Zomba initially entered the SACD market last year with the release of a hybrid Multichannel/Stereo SACD entitled "Bulletproof and Live" by the European rock group K-Otic (Jive 9241292).
		According to company officials, the Zomba Records Group is the world's leading and largest independent music company.
	www.highfidelityreview.com /news/news.asp?newsnumber=6614 (237 words)

	Zomba Records
		The newly formed Zomba Label Group, a unit of the RCA Music Group, includes Jive Records, LaFace Records and So So Def Records.
		In 2002 Zomba Records was acquired by the Bertelsmann Music Group (BMG).
		The name Rough Trade was eventually abandoned in favour of that of the mother company.
	www.discogs.com /label/Zomba+Records (237 words)

	CNN.com - Zomba socks German media giant - Mar. 25, 2003
		But in an admission of how much it overpaid for Zomba, the group wrote down 1.3 billion euros of the $2.74 billion it paid for the label.
		Bertelsmann's net debt rose to 2.7 billion euros from 859 million euros a year ago on the Zomba buy, but Luther said the group aimed to lower its debt this year.
		German media giant Bertelsmann AG on Tuesday posted a sharp rise in 2002 core earnings to 936 million euros ($1 billion) as cost cutting offset a seven percent drop in sales in a worldwide media slump.
	cnn.com /2003/BUSINESS/03/25/bertelsmann.reut/index.html (525 words)

	Zomba in digital music deal with Liquid Audio
		Zomba becomes the latest record label to move portions of its catalog onto the Web.
		Zomba plans to charge a fee each time a song or album is downloaded, Mills said.
		The label plans to sell full-length albums and individual songs by selected artists in its catalog, including Britney Spears, Backstreet Boys and 'N Sync according to Joshua Mills, a spokesman with Liquid Audio, whose software allows music to be downloaded from the Internet in secure formats that cannot be easily copied.
	www.nwnsync.com /zomba.html (391 words)

	Business Wire: All Expense Paid Trip For Four to See Britney Spears Concert Up for Grabs; audiohighway.com and Zomba Records sponsor ''Fly Away with Britney Spears Contest''
		The Zomba Label Group encompasses eight record labels: flagship label Jive Records, Jive Electro, Silvertone, Verity, Brentwood, Benson, Reunion and Volcano.
		Jive is a subsidiary of Zomba Recording Corporation, the largest independent recording company in the world.
		Jive Records' roster includes such artists as *NSYNC, the Backstreet Boys, Britney Spears, and R. Kelly.
	findarticles.com /cf_dls/m0EIN/2000_May_3/61871377/p1/article.jhtml (391 words)

	Zomba Label Group's Verity and Gospocentric Records, Receives a Leading 22 Stellar Award Nominations by Press Release
		Zomba Label Group led the way with the most nominations and solidifies its position in the gospel marketplace as a true powerhouse with this year's 22 nods.
		Zomba Label Group (ZLG) is one of the industry's most dynamic record companies, and its associated labels are comprised of Jive, LaFace, So So Def, Verity, Volcano, Violator Records and GospoCentric.
		Label mate, TONEX tied Hammond with (6) of his own nominations for his Number 1 album "Out The Box." Among the nominations received by TONEX include; Song of the Year (for the stirring ballad "Make Me Over);" Contemporary CD of the Year; Contemporary Male Vocalist of the Year; and Urban/Inspirational Performance of the Year.
	www.manhunt.com /news/stories/1099352309.html (391 words)

	Case Study: How Zomba Records uses Lyris ListHosting to propel a preteen music movement
		Today, Zomba's flagship label, Jive Records, maintains an artistic roster with the highest percentage of gold and platinum-level performers in the entire music industry.
		With a significant percentage of its fan base falling into this preteen age group, Zomba made it an immediate priority to meet and even exceed the requirements of this new privacy law.
		Zomba sends the parent a copy of the company's privacy policy, as well as links that enable the parent to grant or deny consent with a simple click of the mouse.
	www.lyris.com /resources/casestudies/casestudy_zomba.html (787 words)

	Bertelsmann Acquires Zomba Music Division
		On June 11, 2002, the Zomba Music Group (Britney Spears, Backstreet Boys, Black Crowes and many other groups), an independent music label, announced that it has applied its long-standing option with Bertelsmann's music division, BMG Music, to acquire the remaining shares of Zomba that Bertelsmann doesn't currently own.
		In 1991, BMG acquired a 25% stake in Zomba's music-publishing division; in 1996, it acquired a 20% stake in Zomba's record division.
		Zomba's chairman and chief executive, Clive Calder, stated in a release: "With its outstanding executives and creative talent, Zomba should add a lot of value to Bertelsmann's music division, BMG.
	mixonline.com /news/audio_bertelsmann_acquires_zomba/index.html (217 words)

	Zomba Label Group information and related industry information from Hoover's
		Zomba Label Group operates top RandB and hip-hop imprints Jive Records and LaFace Records, boasting a roster full of popular artists such as R. Kelly, Outkast, Britney Spears, Justin Timberlake, and Usher.
		Zomba Label Group information and related industry information from Hoover's
		Zomba also operates gospel labels GospoCentric Records and Verity Records which produce albums from such artists as Kurt Carr, Dorinda Clark Cole, Deitrick Haddon, Donnie McClurkin, and Joann Rosario.
	www.hoovers.com /zomba/--ID__103582--/free-co-factsheet.xhtml (323 words)

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In the News (Mon 6 Jul 09)