Kyncl says the major is not willing to "grow [indie distribution] at all costs" in a talk that also hit on the company's Spotify deal, recent reorganization and tech investments.
For decades, major labels have owned their recorded music catalogs. That industry standard is shifting as more artists demand short-term deals
"We wanted to build on her prior albums with a multifaceted, fan-centric campaign," says RCA's Jordan Blaugrund.
The deal brings together two trailblazing indie labels. Dale Play founder Fede Lauria will remain as CEO.
The executives relaunched the label in 2022 and have overseen the successful launch of albums by Post Malone, Noah Kahan and Big Loud's Morgan Wallen.
Adam Holt retires as Universal Music New Zealand's Managing Director and Chairman after 24 years in the role, and 34 years at the company.
Institutional Shareholder Services and Glass Lewis say votes against Val Blavatnik and Access Industries CEO Lincoln Benet are warranted.
The longtime executive worked with The Rolling Stones and Billy Joel at the storied label before going on to launch a series of music business ventures.
Sikarus, the label's first artist, will release his debut single, "Nonchalant."
Antonucci is partnering on the label with Anthony Martini and Rich Barner's Gravel Road.
