This year’s label showcase was “Dedicated to Hip-Hop,” complete with performances from German rappers – and words about Universal's vision for AI.
“We went against some industry norms with no advance singles or videos, but it turned out to be the exact right way to roll it all out,” says Miles Gersh.
The deal includes Redeye's in-house labels Yep Roc and Sundazed as well as its publishing company, Riff City Sounds.
"There has been a stunning reversal in progress in the war to limit consumer access to unlicensed music," says researcher Russ Crupnick.
10K moves from Universal Music Group, and will become a standalone label.
The digital distribution, marketing, publishing and label services company joins Virgin Music Group, UMG's independent music division.
CEO Robert Kyncl outlined a new policy to take effect later this year designed to increase collaboration and enhance relationships across the company.
With a new Black Keys album, a solo album reissue and a fully-functional label on his hands, Dan Auerbach still remains focused on the blues.
Passionate fans "will do anything within their power to make sure their beloved star wins big," according to one executive
The "first-of-its-kind" JV will identify and launch artists of South Asian heritage.
