Interscope Geffen A&M again remained No. 1 in overall market share, though it was once again edged out by Atlantic in current market share.
The deal includes a joint venture allowing Shelton to continue to earn money from his music post-sale.
The imprint from the Canadian electronic artist will be distributed by Universal Music Canada in partnership with Virgin Music Label and Artist Services.
RVSHVD will be first artist represented by joint venture The Penthouse South
The longtime executive will oversee global business development and international marketing initiatives for the entire roster.
