- Capitol Music Group
infobox record label
name = Capitol Music Group
image_bg = white
parent =EMI
founded = 2007
distributor = Capitol Music Group
genre = various
country = USA
location =
url = [http://www.capitolpub.net/ Official Site of Capitol Records]Capitol Music Group is a major
record label , owned by EMI. It was formed in February 2007 as a merger ofVirgin Records andCapitol Records in an effort by EMI to restructure and save an average of $217 million yearly."USA Today". January 26, 2007; [http://www.usatoday.com/life/music/news/2007-01-26-virgin-capitol-merger_x.htm EMI to merge Capitol and Virgin labels] ; retrieved April 3, 2007] Both Virgin Records and Capitol Records, however, will remain imprints of the label."Variety". January 25, 2007; [http://www.variety.com/article/VR1117958076.html?categoryid=18&cs=1 EMI merging Capitol, Virgin] ; retrieved April 3, 2007]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."New York Times". January 26, 2007; [http://www.nytimes.com/2007/01/26/business/media/26music.html?ei=5070&en=840d8127debb26d9&ex=1175745600&adxnnl=1&adxnnlx=1175648797-Tq5Pj5IlEelH0pMfK8YwdQ EMI Merging Record Labels and Ousting Capitol’s President] ; retrieved April 3, 2007] As the head of the label, Flom will report directly to EMI Group CEO Eric Nicoli."Billboard Magazine". January 25, 2007; [http://www.billboard.biz/bbbiz/content_display/industry/e3i5047ab3e2ae429347c9a7bcb64ba7dfc Capitol, Virgin Merged To Form Capitol Music Group] ; retrieved April 3, 2007]
As a result of the merger, promotion was halted and many acts were dropped from both Virgin Records and Capitol Records, including
Janet Jackson andFischerspooner .A total of 283 artists signed to CMG. Artists like Mims,
Letoya Luckett ,J. Holiday ,Royal Bliss ,Mack 10 ,Bizzy Bone ,Faith Evans , andFat Joe are signed to the label. [ [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-28-2007/0004617006&EDATE= Makena Technologies and Capitol Music Group Partner to Bring Music Artists Into There.com ] ]ub-labels
*
Angel Records (US)
*Apple Records
* Capitol Records, Inc.
*Manhattan Records
*Priority Records
*Terror Squad Entertainment
*Virgin Records
*10 Records
*Astralwerks
*Circa Records (traded as EMI/Virgin strategic marking TV label from 90s)
*S-Curve Records
*Siren Records
*VC Recordings - also traded asHut Records ee also
*
List of record labels
*Capitol Records
*Virgin Records
* EMIReferences
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