RED Music
_(2017).svg) | |
Formerly |
|
|---|---|
| ISIN | 🆔 |
| Fate | Merged Into The Orchard[1] |
| Successor | The Orchard |
| Founded 📆 | 1979 |
| Founder 👔 | |
| Defunct | June 5, 2017 |
| Headquarters 🏙️ | , New York City , United States |
Area served 🗺️ | |
Key people | Bob Morelli (president) |
| Members | |
Number of employees | |
| Parent | Sony Music |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
RED Music, stylized RED MUSIC, formerly RED Distribution, LLC (Relativity Entertainment Distribution) was a Sony-owned sales and marketing division that merged under The Orchard in 2017. RED previously handled releases for more than sixty independent record labels.
History
Founded in 1979 as mainly a hard rock music distributor called Important Record Distributors, which originally distributed Metallica's first two LPs in the US, it became RED Distribution in the 1990s.
In October 1999, Sony Music Entertainment sold 80% of RED Distribution to Edel SE & Co. KGaA.[2]
In March 2016, Sony announced the acquisition of Essential Music and Marketing. As part of this deal, a new company was launched, Red Essential, which is based at the Cooking Vinyl Group's West London offices. The company is now located in Farringdon. This division had very little correlation to RED in the United States besides its name.[3]
Acquisition
On June 1, 2017, Sony Music announced that it would merge RED's British affiliate, Red Essential, into The Orchard.[1] On June 5, Sony also included the American RED Distribution in its merger with The Orchard. The "RED" name will remain active as a new entity named RED MUSIC, which will provide marketing, label services, and joint ventures between Sony's labels and independent labels.[1] As of September 2019, RED MUSIC was completely shuttered and consolidated into The Orchard.
References
- ↑ 1.0 1.1 1.2 Christman, Ed (Jun 5, 2017). "Sony Merges RED Into The Orchard: What the Music Giant's Latest Consolidation Means for Indie Labels". Billboard.
- ↑ "Red is 80% Acquired by Edel Music From Sony Music". Telecompaper. 24 Oct 1999.
- ↑ Ingham, Tim (2016-03-02). "Sony acquires Essential Music & Marketing, launches Red Essential". Music Business Worldwide. Retrieved 2017-01-13.
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