82-532: Sanctuary Records Group Limited was a record label based in the United Kingdom and is, as of 2013, a subsidiary of BMG Rights Management solely for reissues. Until June 2007, it was the largest independent record label in the UK and the largest music management company in the world. It was also the world's largest independent owner of music intellectual property rights , with over 160,000 songs. The company
164-551: A "record group" which is, in turn, controlled by a music group. The constituent companies in a music group or record group are sometimes marketed as being "divisions" of the group. From 1929 to 1998, there were six major record labels, known as the Big Six: PolyGram was merged into Universal Music Group (UMG) in 1999, leaving the remaining record labels to be known as the Big Five. In 2004, Sony and BMG agreed to
246-464: A "tent show" section covering traveling shows and a subsection called "Freaks to order". Donaldson also published news articles opposing censorship, supporting productions exhibiting good taste and decrying yellow journalism ." As railroads became more developed, Billboard enabled a mail-forwarding system for traveling entertainers. The location of an entertainer was tracked in the paper's Routes Ahead column, and then Billboard would receive mail on
328-405: A 50% profit-share agreement, aka 50–50 deal, not uncommon. In addition, independent labels are often artist-owned (although not always), with a stated intent often being to control the quality of the artist's output. Independent labels usually do not enjoy the resources available to the "big three" and as such will often lag behind them in market shares. However, frequently independent artists manage
410-562: A US Senate committee, that the Byrds never received any of the royalties they had been promised for their biggest hits, " Mr. Tambourine Man " and " Turn! Turn!, Turn! ". A contract either provides for the artist to deliver completed recordings to the label, or for the label to undertake the recording with the artist. For artists without a recording history, the label is often involved in selecting producers, recording studios , additional musicians, and songs to be recorded, and may supervise
492-540: A background in the music industry. Gervino was appointed editor-in-chief in April 2014. An NPR item covered a leaked version of Billboard ' s annual survey, which it said had more gossip and focused on less professional topics than had prior surveys. For example, the magazine polled readers on a lawsuit that singer Kesha filed against her producer, alleging sexual abuse. Gervino was fired in May 2016. A note from Min to
574-479: A bigger company. If this is the case it can sometimes give the artist greater freedom than if they were signed directly to the big label. There are many examples of this kind of label, such as Nothing Records , owned by Trent Reznor of Nine Inch Nails ; and Morning Records, owned by the Cooper Temple Clause , who were releasing EPs for years before the company was bought by RCA . If an artist and
656-408: A conventional cash advance to sign the artist, who would receive a royalty for sales after expenses were recouped. With the release of the artist's first album, however, the label has an option to pay an additional $ 200,000 in exchange for 30 percent of the net income from all touring, merchandise, endorsements, and fan-club fees. Atlantic would also have the right to approve the act's tour schedule, and
738-497: A deal with a proper label. In 2002, ArtistShare was founded as the Internet's first record label where the releases were directly funded by the artist's fans. Billboard (magazine) Billboard (stylized in lowercase since 2013) is an American music and entertainment magazine published weekly by Penske Media Corporation . The magazine provides music charts, news, video, opinion, reviews, events and styles related to
820-621: A dedicated section called Amusement Machines in March 1932. Billboard began covering the motion-picture industry in 1907 but, facing strong competition from Variety , centered its focus on music. It created a radio-broadcasting station in the 1920s. The jukebox industry continued to grow through the Great Depression and was advertised heavily in Billboard , which led to even more editorial focus on music. The proliferation of
902-509: A general manager of the company, Taylor becoming Chief Executive and former British Airways chief executive Bob Ayling being installed as the new chairman. On 26 May 2006, Ayling dismissed Taylor, following a review of accounting practices prompted by inquiries from the Financial Reporting Review Panel . The board's publicly stated reason for the dismissal was "that certain of the prior year adjustments made in
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#1732797822589984-540: A high-tech firm for tracking music airtime. Private investors from Boston Ventures and BPI executives repurchased a two-thirds interest in Billboard Publications for $ 100 million, and more acquisitions followed. In 1993, it created a division known as Billboard Music Group for music-related publications. In 1994, Billboard Publications was sold to Dutch media conglomerate Verenigde Nederlandse Uitgeverijen (VNU) for $ 220 million. VNU acquired
1066-621: A joint venture and merged their recorded music division to create the Sony BMG label (which would be renamed Sony Music Entertainment after a 2008 merger); BMG kept its music publishing division separate from Sony BMG and later sold BMG Music Publishing to UMG. In 2007, the remaining record labels—then known as the Big Four—controlled about 70% of the world music market , and about 80% of the United States music market. In 2012,
1148-476: A label want to work together, whether an artist has contacted a label directly, usually by sending their team a demo, or the Artists & Repertoire team of the label has scouted the artist and reached out directly, they will usually enter in to a contractual relationship. A label typically enters into an exclusive recording contract with an artist to market the artist's recordings in return for royalties on
1230-462: A large international media group , or somewhere in between. The Association of Independent Music (AIM) defines a 'major' as "a multinational company which (together with the companies in its group) has more than 5% of the world market(s) for the sale of records or music videos." As of 2012 , there are only three labels that can be referred to as "major labels": Universal Music Group , Sony Music , and Warner Music Group . In 2014, AIM estimated that
1312-551: A long career and steady fan base. Between 1989 and 1991, Sanctuary was co-owned by the Zomba Group , whose music publishing arm still held the music of Iron Maiden in 2001. In 1994, the company diversified. Amongst the new media interests included a joint venture with screenwriter and producer, Raymond Thompson, which evolved into the Cloud9 Screen Entertainment Group. Iron Maiden's catalogue
1394-605: A return by recording for a much smaller production cost of a typical big label release. Sometimes they are able to recoup their initial advance even with much lower sales numbers. On occasion, established artists, once their record contract has finished, move to an independent label. This often gives the combined advantage of name recognition and more control over one's music along with a larger portion of royalty profits. Artists such as Dolly Parton , Aimee Mann , Prince , Public Enemy , among others, have done this. Historically, companies started in this manner have been re-absorbed into
1476-509: A set of self-study cassette tapes and four television franchises. It also acquired Photo Weekly that year. Over time, subjects that Billboard covered outside of the music world formed the basis of separate publications: Funspot magazine was created in 1957 to cover amusement parks and Amusement Business was created in 1961 to cover outdoor entertainment. In January 1961, Billboard was renamed Billboard Music Week to emphasize its newly exclusive interest in music. Two years later, it
1558-481: A trade publication for the Broadway theatre industry called Backstage . In 1987, Billboard was sold again to Affiliated Publications for $ 100 million. Billboard Publications Inc. became a subsidiary of Affiliated Publications called BPI Communications. As BPI Communications, it acquired The Hollywood Reporter , Adweek , Marketing Week and Mediaweek , and also purchased Broadcast Data Systems ,
1640-544: Is a brand or trademark of music recordings and music videos , or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture , distribution , marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists , artist financing and maintaining contracts with recording artists and their managers. The term "record label" derives from
1722-506: Is considered one of the most reputable sources of music industry news. The website includes the Billboard Charts, news separated by music genre, videos and a separate website. It also compiles lists, hosts a fashion website called Pret-a-Reporter and publishes eight different newsletters. The print magazine's regular sections include: Billboard is known for publishing several annual listicles on its website, in recognition of
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#17327978225891804-454: Is often marketed as a "unit" or "division" of the parent label, though in most cases, they operate as pseudonym for it and do not exist as a distinct business operation or separate business structure (although trademarks are sometimes registered). A record label may give a musical act an imprint as part of their branding, while other imprints serve to house other activities, such as side ventures of that label. Music collectors often use
1886-684: Is owned by Sony Group Corporation ). Record labels and music publishers that are not under the control of the big three are generally considered to be independent ( indie ), even if they are large corporations with complex structures. The term indie label is sometimes used to refer to only those independent labels that adhere to independent criteria of corporate structure and size, and some consider an indie label to be almost any label that releases non-mainstream music, regardless of its corporate structure. Independent labels are often considered more artist-friendly. Though they may have less sales power, indie labels typically offer larger artist royalty with
1968-530: The Billboard 200 , which tracks the top-selling albums, has become more popular as an indicator of commercial success. Billboard has also published books in collaboration with Watson-Guptill and a radio and television series called American Top 40, based on Billboard charts. A daily Billboard Bulletin was introduced in February 1997 and Billboard hosts about 20 industry events each year. Billboard
2050-711: The Clio Awards in advertising and the National Research Group in 1997, as well as Editor & Publisher in 1999. In July 2000, it paid $ 650 million to the publisher Miller Freeman . BPI was combined with other entities in VNU in 2000 to form Bill Communications Inc. By the time CEO Gerald Hobbs retired in 2003, VNU had grown substantially larger, but had a great deal of debt from the acquisitions. An attempted $ 7 billion acquisition of IMS Health in 2005 prompted protests from shareholders that halted
2132-737: The European Commission , UMG was required to sell Sanctuary. It was one of the three units of Universal Music, never fully owned by EMI, that were forced to be sold; other such units were Vivendi Entertainment and V2 Records . BMG Rights Management acquired Sanctuary for over €46 million. In June 2013, BMG agreed to have INgrooves distribute the label's catalogue in North America, while the PIAS Group would handle international rights; however, Black Sabbath 's catalogue remained at Universal until March 2014, when BMG took over
2214-463: The free software and open source movements and the success of Linux . In the mid-2000s, some music publishing companies began undertaking the work traditionally done by labels. The publisher Sony/ATV Music, for example, leveraged its connections within the Sony family to produce, record, distribute, and promote Elliott Yamin 's debut album under a dormant Sony-owned imprint , rather than waiting for
2296-531: The music industry . Its music charts include the Hot 100 , the 200 , and the Global 200 , tracking the most popular albums and songs in various music genres. It also hosts events, owns a publishing firm and operates several television shows. Billboard was founded in 1894 by William Donaldson and James Hennegan as a trade publication for bill posters. Donaldson later acquired Hennegan's interest in 1900 for $ 500. In
2378-532: The "bible" of the recording industry. Billboard struggled after its founder William Donaldson died in 1925, and within three years, was once again heading towards bankruptcy . Donaldson's son-in-law Roger Littleford took command in 1928 and "nursed the publication back to health." His sons Bill and Roger became co-publishers in 1946 and inherited the magazine in the late 1970s after Littleford's death. They sold it to private investors in 1985 for an estimated $ 40 million. The investors cut costs and acquired
2460-510: The "parent" of any sublabels. Vanity labels are labels that bear an imprint that gives the impression of an artist's ownership or control, but in fact represent a standard artist/label relationship. In such an arrangement, the artist will control nothing more than the usage of the name on the label, but may enjoy a greater say in the packaging of their work. An example of such a label is the Neutron label owned by ABC while at Phonogram Inc. in
2542-473: The 2005 accounts should have been presented as a correction of fundamental errors and not as changes in accounting policy". Taylor was replaced by Frank Presland , the chief executive of Sanctuary-owned Twenty-First Artists Management . In July 2006, it was reported that MAMA, the management group behind the Kaiser Chiefs and Franz Ferdinand and headed by Mean Fiddler chief Dean James, had bid for
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2624-682: The Hollywood Reporter-Billboard Media Group, a unit of the holding company Eldridge Industries . Timothy White was appointed editor-in-chief in 1991, a position that he held until his unexpected death in 2002. White wrote a weekly column promoting music with "artistic merit" while criticizing music with violent or misogynistic themes, and also reworked the publication's music charts. Rather than relying on data from music retailers, new charts used data from store checkout scanners obtained by Nielsen SoundScan . White also wrote in-depth profiles on musicians, but
2706-456: The UK. At one point artist Lizzie Tear (under contract with ABC themselves) appeared on the imprint, but it was devoted almost entirely to ABC's offerings and is still used for their re-releases (though Phonogram owns the masters of all the work issued on the label). However, not all labels dedicated to particular artists are completely superficial in origin. Many artists, early in their careers, create their own labels which are later bought out by
2788-546: The United States would typically bear a 4th & B'way logo and would state in the fine print, "4th & B'way™, an Island Records, Inc. company". Collectors discussing labels as brands would say that 4th & B'way is a sublabel or imprint of just "Island" or "Island Records". Similarly, collectors who choose to treat corporations and trademarks as equivalent might say 4th & B'way is an imprint and/or sublabel of both Island Records, Ltd. and that company's sublabel, Island Records, Inc. However, such definitions are complicated by
2870-407: The album will sell better if the artist complies with the label's desired requests or changes. At times, the record label's decisions are prudent ones from a commercial perspective, but these decisions may frustrate artists who feel that their art is being diminished or misrepresented by such actions. In other instances, record labels have shelved artists' albums with no intention of any promotion for
2952-413: The articles are written by staff writers, while some are written by industry experts. It covers news, gossip, opinion, and music reviews, but its "most enduring and influential creation" is the Billboard charts . The charts track music sales, radio airtime and other data about the most popular songs and albums. The Billboard Hot 100 chart of the top-selling songs was introduced in 1958. Since then,
3034-411: The artist from their contract, leaving the artist in a state of limbo. Artists who have had disputes with their labels over ownership and control of their music have included Taylor Swift , Tinashe , Megan Thee Stallion , Kelly Clarkson , Thirty Seconds to Mars , Clipse , Ciara , JoJo , Michelle Branch , Kesha , Kanye West , Lupe Fiasco , Paul McCartney , and Johnny Cash . In
3116-415: The artist in question. Reasons for shelving can include the label deciding to focus its resources on other artists on its roster, or the label undergoing a restructure where the person that signed the artist and supports the artist's vision is no longer present to advocate for the artist. In extreme cases, record labels can prevent the release of an artist's music for years, while also declining to release
3198-425: The artist is established and has a loyal fan base. For that reason, labels now have to be more relaxed with the development of artists because longevity is the key to these types of pact. Several artists such as Paramore , Maino , and even Madonna have signed such types of deals. A look at an actual 360 deal offered by Atlantic Records to an artist shows a variation of the structure. Atlantic's document offers
3280-484: The artists may be downloaded free of charge or for a fee that is paid via PayPal or other online payment system. Some of these labels also offer hard copy CDs in addition to direct download. Digital Labels are the latest version of a 'net' label. Whereas 'net' labels were started as a free site, digital labels represent more competition for the major record labels. The new century brought the phenomenon of open-source or open-content record labels. These are inspired by
3362-550: The band's distribution. In March 2017, BMG transferred the distribution rights of select Sanctuary artists to Warner Music Group 's ADA division. In 2023, BMG signed a new distribution deal with Universal Music Group, Sanctuary's previous owner. Iron Maiden was one of the last artists signed to Sanctuary, which released their album, The Book of Souls in North America, on 4 September 2015. Record label [REDACTED] [REDACTED] [REDACTED] "Big Three" music labels A record label or record company
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3444-650: The circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry , recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and promote their singles on streaming services, radio, and television. Record labels also provide publicists , who assist performers in gaining positive media coverage, and arrange for their merchandise to be available via stores and other media outlets. Record labels may be small, localized and " independent " ("indie"), or they may be part of
3526-451: The company announced that one quarter of its staff, representing 175 positions, would be eliminated. One such layoff was John Kalodner , senior vice-president of A&R , with over thirty years of industry experience. The company partly blamed the loss increase on record release delays, while announcing, in early 2006, a £110m rescue deal. These events, plus pressure from the UK financial and business leaders led to Smallwood becoming merely
3608-403: The company. Some independent labels become successful enough that major record companies negotiate contracts to either distribute music for the label or in some cases, purchase the label completely, to the point where it functions as an imprint or sublabel. A label used as a trademark or brand and not a company is called an imprint , a term used for a similar concept in publishing . An imprint
3690-400: The corporate mergers that occurred in 1989 (when Island was sold to PolyGram) and 1998 (when PolyGram merged with Universal). PolyGram held sublabels including Mercury, Island and Motown. Island remained registered as corporations in both the United States and UK , but control of its brands changed hands multiple times as new companies were formed, diminishing the corporation's distinction as
3772-476: The deal; it eventually agreed to an $ 11 billion takeover bid from investors in 2006. VNU changed its name to Nielsen in 2007, the namesake of a company that it had acquired for $ 2.5 billion in 1999. New CEO Robert Krakoff divested some of the previously owned publications, restructured the organization and planned some acquisitions before dying suddenly in 2007. He was subsequently replaced by Greg Farrar. Nielsen owned Billboard until 2009, when it
3854-416: The early days of the recording industry, recording labels were absolutely necessary for the success of any artist. The first goal of any new artist or band was to get signed to a contract as soon as possible. In the 1940s, 1950s, and 1960s, many artists were so desperate to sign a contract with a record company that they sometimes ended up signing agreements in which they sold the rights to their recordings to
3936-520: The early years of the 20th century, it covered the entertainment industry, such as circuses, fairs and burlesque shows, and also created a mail service for travelling entertainers. Billboard began focusing more on the music industry as the jukebox , phonograph and radio became commonplace. Many topics that it covered became the subjects of new magazines, including Amusement Business in 1961 to cover outdoor entertainment, so that Billboard could focus on music. After Donaldson died in 1925, Billboard
4018-534: The editorial staff indicated that senior vice president of digital content Mike Bruno would head the editorial department. On June 15, 2016, BillboardPH , the first Billboard chart company in Southeast Asia, mainly in the Philippines, was announced. On September 12, 2016, Billboard expanded into China by launching Billboard China in partnership with Vision Music Ltd. On September 23, 2020, it
4100-512: The end of their contract with EMI when their album In Rainbows was released as a " pay what you want " sales model as an online download, but they also returned to a label for a conventional release. Research shows that record labels still control most access to distribution. Computers and internet technology led to an increase in file sharing and direct-to-fan digital distribution, causing music sales to plummet in recent years. Labels and organizations have had to change their strategies and
4182-516: The first female and youngest-ever executive editor at Billboard and led its first major redesign since the 1960s, designed by Daniel Stark and Stark Design. During Conniff's tenure, Billboard 's newsstand sales jumped 10%, ad pages climbed 22% and conference registrations rose 76%. In 2005, Billboard expanded its editorial outside the music industry into other areas of digital and mobile entertainment. In 2006, after leading Billboard's radio publication, former ABC News and CNN journalist Scott McKenzie
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#17327978225894264-569: The group. This proved unsuccessful, further depressing the share value of the company. In late 2006, Rod Smallwood left the company, taking with him Iron Maiden's management interests. In April 2007, Billboard reported that Sanctuary Records would cease to exist as a new release label in the US that summer, though catalogue, licensing, and new media operations would continue. On 15 June 2007 Universal Music Group announced it had reached an agreement to buy Sanctuary Records for £44.5 million. The agreement
4346-399: The magazine on outdoor entertainment such as fairs, carnivals, circuses, vaudeville , and burlesque shows. A section devoted to circuses was introduced in 1900, followed by more prominent coverage of outdoor events in 1901. Billboard also covered topics including regulation, professionalism, economics and new shows. It had a "stage gossip" column covering the private lives of entertainers,
4428-734: The major divisions of EMI were sold off separately by owner Citigroup : most of EMI's recorded music division was absorbed into UMG; EMI Music Publishing was absorbed into Sony/ATV Music Publishing; finally, EMI's Parlophone and Virgin Classics labels were absorbed into Warner Music Group (WMG) in July 2013. This left the so-called Big Three labels. In 2020 and 2021, both WMG and UMG had their IPO with WMG starting trading at Nasdaq and UMG starting trading at Euronext Amsterdam and leaving only Sony Music as wholly-owned subsidiary of an international conglomerate ( Sony Entertainment which in turn
4510-433: The major labels (two examples are American singer Frank Sinatra 's Reprise Records , which has been owned by Warner Music Group for some time now, and musician Herb Alpert 's A&M Records , now owned by Universal Music Group). Similarly, Madonna 's Maverick Records (started by Madonna with her manager and another partner) was to come under control of Warner Music when Madonna divested herself of controlling shares in
4592-537: The majors had a collective global market share of some 65–70%. Record labels are often under the control of a corporate umbrella organization called a "music group ". A music group is usually affiliated to an international conglomerate " holding company ", which often has non-music divisions as well. A music group controls and consists of music-publishing companies, record (sound recording) manufacturers, record distributors, and record labels. Record companies (manufacturers, distributors, and labels) may also constitute
4674-568: The most influential executives, artists and companies in the music industry, such as the following: Since 1990 Billboard established the Billboard Music Awards , an awards ceremony honors top album, artist and single in a number of different music genres which achieved the highest results during the year form sales, streaming, radio airplay, touring, and social engagement. The data are taken from Billboard and its data partners, including MRC Data and Next Big Sound . Through
4756-507: The output of recording sessions. For established artists, a label is usually less involved in the recording process. The relationship between record labels and artists can be a difficult one. Many artists have had conflicts with their labels over the type of sound or songs they want to make, which can result in the artist's artwork or titles being changed before release. Other artists have had their music prevented from release, or shelved. Record labels generally do this because they believe that
4838-868: The phonograph and radio also contributed to its growing music emphasis. Billboard published the first music hit parade on January 4, 1936 and introduced a Record Buying Guide in January 1939. In 1940, it introduced Chart Line, which tracked the best-selling records, and was followed by a chart for jukebox records in 1944 called Music Box Machine. By the 1940s, Billboard was more of a music-industry specialist publication. The number of charts that it published grew after World War II , as new music interests and genres became popular. It had eight charts by 1987, covering different genres and formats, and 28 charts by 1994. By 1943, Billboard had about 100 employees. The magazine's offices moved to Brighton, Ohio in 1946, then to New York City in 1948. A five-column tabloid format
4920-548: The record label in perpetuity. Entertainment lawyers are usually employed by artists to discuss contract terms. Due to advancing technology such as the Internet , the role of labels is rapidly changing, as artists are able to freely distribute their own material through online radio , peer-to-peer file sharing such as BitTorrent , and other services, at little to no cost, but with correspondingly low financial returns. Established artists, such as Nine Inch Nails , whose career
5002-418: The salaries of certain tour and merchandise sales employees hired by the artist. In addition, the label also offers the artist a 30 percent cut of the label's album profits—if any—which represents an improvement from the typical industry royalty of 15 percent. With the Internet now being the dominant source for obtaining music, netlabels have emerged. Depending on the ideals of the net label, music files from
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#17327978225895084-419: The selling price of the recordings. Contracts may extend over short or long durations, and may or may not refer to specific recordings. Established, successful artists tend to be able to renegotiate their contracts to get terms more favorable to them, but Prince 's much-publicized 1994–1996 feud with Warner Bros. Records provides a strong counterexample, as does Roger McGuinn 's claim, made in July 2000 before
5166-420: The service was discontinued, Billboard was still processing 1,500 letters per week. In 1920, Donaldson controversially hired black journalist James Albert Jackson to write a weekly column devoted to black performers. According to The Business of Culture: Strategic Perspectives on Entertainment and Media , the column identified discrimination against black performers and helped validate their careers. Jackson
5248-407: The star's behalf and publish a notice in its Letter-Box column that it had mail for him or her. This service was first introduced in 1904 and became one of Billboard ' s largest sources of profit and celebrity connections. By 1914, 42,000 people were using the service. It was also used as the official address of traveling entertainers for draft letters during World War I . In the 1960s, when
5330-400: The term sublabel to refer to either an imprint or a subordinate label company (such as those within a group). For example, in the 1980s and 1990s, 4th & B'way Records (pronounced as "Broadway") was a trademarked brand owned by Island Records Ltd. in the UK and by a subordinate branch, Island Records, Inc., in the United States. The center label on a 4th & Broadway record marketed in
5412-500: The time, billboards, posters, and paper advertisements placed in public spaces were the primary means of advertising. Donaldson handled editorial and advertising, while Hennegan, who owned Hennegan Printing Co., managed magazine production. The first issues were just eight pages long. The paper had columns such as The Bill Room Gossip and The Indefatigable and Tireless Industry of the Bill Poster. A department for agricultural fairs
5494-433: The way they work with artists. New types of deals called "multiple rights" or "360" deals are being made with artists, where labels are given rights and percentages to artist's touring, merchandising, and endorsements . In exchange for these rights, labels usually give higher advance payments to artists, have more patience with artist development, and pay higher percentages of CD sales. These 360 deals are most effective when
5576-509: Was adopted in November 1950 and coated paper was first used in Billboard ' s print issues in January 1963, allowing for photojournalism. Billboard Publications Inc. acquired a monthly trade magazine for candy and cigarette machine vendors called Vend , and in the 1950s it acquired an advertising trade publication called Tide . By 1969, Billboard Publications Inc. owned 11 trade and consumer publications, Watson-Guptill Publications,
5658-491: Was an imprint of Sanctuary Records, under which Lordi 's UK album The Monster Show was released. 2006 saw Sanctuary's notable twentieth anniversary release of CD86: 48 Tracks from the Birth of Indie Pop , a reissue of the pivotal UK independent compilation C86 . The company incurred significant losses in its 2004 and 2005 fiscal years. Sanctuary's losses in 2005 increased to £142.6m from £26.7m in 2004. In October 2005,
5740-574: Was announced that Penske Media Corporation would assume operations of the MRC Media & Info publications under a joint venture with MRC known as PMRC. The joint venture includes the management of Billboard . On January 13, 2024, Billboard shared the intent to further expand in Asia by announcing the launch of Billboard Korea . Billboard publishes a news website and weekly trade magazine that covers music, video and home entertainment. Most of
5822-796: Was completed in October 2007. By December 2007, it appeared that the Sanctuary name had begun to be phased out, with both Morrissey and Robert Plant being transferred to the Universal-owned Decca Music Group and Iron Maiden to Universal Music Enterprises (with distribution by Sony Music Entertainment, a successor to Sanctuary and Columbia's distribution partnership for the band's releases) for future releases. On 21 September 2012, regulators approved Universal Music Group 's planned acquisition of EMI from Citibank for £1.2 billion. However, due to conditions imposed by
5904-455: Was developed with major label backing, announced an end to their major label contracts, citing that the uncooperative nature of the recording industry with these new trends is hurting musicians, fans and the industry as a whole. However, Nine Inch Nails later returned to working with a major label, admitting that they needed the international marketing and promotional reach that a major label can provide. Radiohead also cited similar motives with
5986-592: Was established in 1896. The Billboard Advertising publication was renamed The Billboard in 1897. After a brief departure over editorial differences, Donaldson purchased Hennegan's interest in the business in 1900 for $ 500 (equal to $ 15,100 today) to save it from bankruptcy. On May 5, Donaldson changed the publication from a monthly to a weekly paper with a greater emphasis on breaking news. He improved editorial quality and opened new offices in New York, Chicago, San Francisco, London, and Paris, and also refocused
6068-515: Was formed in 1979 by Rod Smallwood and Andy Taylor , who met as undergraduates at Trinity College, Cambridge . In 1979, they discovered Iron Maiden in a London pub and went on to manage the group. They named the record company after the band's song " Sanctuary ," which was released as a single in 1980, and later included on American pressings as well as the reissued CD version of their 1980 eponymous debut album . Sanctuary Records has historically signed artists with long-term appeal that have had
6150-475: Was inherited by his and Hennegan's children, who retained ownership until selling it to private investors in 1985. The magazine has since been owned by various parties. The first issue of Billboard was published in Cincinnati , Ohio by William Donaldson and James Hennegan on November 1, 1894. Initially it covered the advertising and bill-posting industry and was known as Billboard Advertising . At
6232-624: Was named editorial director across all Billboard properties. Conniff launched the Billboard Women in Music event in 2007. Bill Werde was named editorial director in 2008, and was followed by Janice Min in January 2014, also responsible for editorial content at The Hollywood Reporter . The magazine became more of a general-interest music-news source rather than solely an industry trade, covering more celebrity and fashion news. Min hired Tony Gervino as editor although he did not have
6314-556: Was one of eight publications sold to e5 Global Media Holdings. e5 was formed by investment firms Pluribus Capital Management and Guggenheim Partners for the purpose of the acquisition. The following year, the new parent company was renamed Prometheus Global Media . Three years later, Guggenheim Partners acquired Pluribus' share of Prometheus and became the sole owner of Billboard . In December 2015, Guggenheim Digital Media spun out several media brands, including Billboard , to its own executive Todd Boehly . The assets operate under
6396-473: Was re-issued by Sanctuary in conjunction with Columbia/SME Records in the US in 2002. Kenny Rogers ' 1980s catalogue (originally released on RCA Records ) was re-issued by Sanctuary's Castle Music label in conjunction with Kenny Rogers' Dreamcatcher Records in the UK. The albums were only available as imports in the US. Rogers' 2003 release "Back to the Well" was released by Sanctuary in the UK. Mayan Records
6478-419: Was renamed to simply Billboard . According to The New Business Journalism , by 1984, Billboard Publications was a "prosperous" conglomerate of trade magazines, and Billboard had become the "undisputed leader" in music-industry news. In the early 1990s, Billboard introduced Billboard Airplay Monitors , a publication for disc jockeys and music programmers. By the end of the 1990s, Billboard dubbed itself
6560-469: Was replaced by Keith Girard, who was subsequently fired in May 2004. Girard and a female employee filed a $ 29 million lawsuit alleging that Billboard fired them unfairly with an intent to damage their reputations and that they experienced sexual harassment, a hostile work environment and a financially motivated lack of editorial integrity. Email evidence suggested that human resources were given special instructions to watch minority employees. The case
6642-411: Was settled out of court in 2006 for an undisclosed sum. In the 2000s, economic decline in the music industry dramatically reduced readership and advertising from Billboard ' s traditional audience. Circulation declined from 40,000 in circulation in the 1990s to less than 17,000 by 2014. The publication's staff and ownership were also undergoing frequent changes. In 2004, Tamara Conniff became
6724-498: Was the first black critic at a national magazine with a predominantly white audience. According to his grandson, Donaldson also established a policy against identifying performers by their race. Donaldson died in 1925. Billboard ' s editorial content changed focus as technology in recording and playback developed, covering "marvels of modern technology" such as the phonograph and wireless radios. The magazine began covering coin-operated entertainment machines in 1899 and created
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