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Capitol Music Group - Wikipedia
From Wikipedia, the free encyclopedia
Capitol Music Group
Parent companyUniversal Music Group
Founded2007; 19 years ago (2007)
FounderEMI
DistributorsInterscope Capitol Labels Group
(United States)
Universal Music Group
(International)
GenreVarious
Country of originUnited States
LocationHollywood, California
Official websitewww.capitolmusicgroup.com Edit this at Wikidata

Capitol Music Group is an American umbrella label that operates as a unit of the Interscope Capitol Labels Group, a division of Universal Music Group (UMG). Inherited from UMG's acquisition of EMI's catalog in 2013, it oversees the handling of record labels assigned to UMG's Capitol Records division. It is one of the two umbrella labels that make up the Interscope Capitol Labels Group, the other being Interscope Geffen A&M.

History

2007–2010: Formation and success

The Capitol Music Group's headquarters are located at the Capitol Records Building in Hollywood.

Capitol Music Group was formed in February 2007 as a merger of Capitol Records and Virgin Records America in an effort by EMI to restructure and save an average of $217 million yearly.[1] Both Virgin Records and Capitol Records, however, remained imprints of the label.[2]

Virgin Records CEO Jason Flom was named the head of the division, with Capitol Records CEO Andy Slater resigning after receiving a pension reportedly worth more than $15 million.[3] As the head of the label, Flom reported directly to EMI Group CEO Eric Nicoli.[4]

2010–2013: Spinoff from Virgin Records and reorganization

In 2010, Virgin Records was spun off from Capitol Music Group (CMG) to form Virgin Music Group; as of 2013, however, the Virgin Music Group was dissolved, resulting in Virgin Records returning to its placement under CMG.[5]

2012–2021: Closure of EMI and UMG acquisition

In November 2012, it was announced that Steve Barnett would become the chairman and CEO of the company.[6]

With EMI's absorption (sans Parlophone) into Universal Music Group complete, Capitol Music Group became part of UMG's five label units in the UK.[7] The Beatles appeared on Capitol UK.[8]

In November 2020, Jeff Vaughn was named Chairman/CEO.[9] He was replaced by Michelle Jubelirer in 2021.[10]

2024–present: Interscope Capitol Labels Group

In February 2024, Jubilerer resigned and Tom March, previously the head of Geffen Records, was named CEO and chairman. CMG and IGA later combined their operations to form Interscope Capitol Labels Group.[11]

Sub-labels

[12]

Labels managed

Through flagship label Capitol, CMG handles the back catalogs and has assumed the copyrights of master recordings from the following labels and sub-labels acquired or distributed by UMG's predecessor EMI throughout its existence:

See also

References

  1. ^ "EMI to merge Capitol and Virgin labels". USA Today. January 26, 2007. Retrieved April 3, 2007.
  2. ^ "EMI merging Capitol, Virgin". Variety. January 25, 2007. Retrieved April 3, 2007.
  3. ^ "EMI Merging Record Labels and Ousting Capitol's President". The New York Times. January 26, 2007. Retrieved April 3, 2007.
  4. ^ "Capitol, Virgin Merged to Form Capitol Music Group". Billboard. January 25, 2007. Archived from the original on January 28, 2007. Retrieved April 3, 2007.
  5. ^ "Forty years of Virgin: How Richard Branson's eccentric record label changed the charts". The Independent. May 24, 2013. Retrieved December 4, 2018.
  6. ^ "Steve Barnett to lead Capitol Music Group". Los Angeles Times. November 26, 2012. Retrieved November 28, 2012.
  7. ^ "Universal Music UK Announces Launch of Virgin EMI Records". Billboard. March 18, 2013. Archived from the original on May 18, 2019. Retrieved April 4, 2013.
  8. ^ "Universal's Capitol takes shape: Barnett in, Beatles on roster". MusicWeek.com. November 26, 2012. Retrieved April 7, 2013.
  9. ^ "Capitol Music Group's Steve Barnett to retire, Jeff Vaughn and Michelle Jubelirer to lead company from January 2021". MusicBusinessWorldwide.com. November 5, 2020. Retrieved November 5, 2020.
  10. ^ "MICHELLE JUBELIRER PROMOTED TO CHAIR AND CEO OF CAPITOL MUSIC GROUP". Universal Music Group. December 13, 2021. Retrieved November 13, 2022.
  11. ^ "Interscope Capitol Labels Group Executive Teams, Divisions Come Into Focus". Billboard. March 12, 2024. Retrieved June 1, 2024.
  12. ^ "CAPITOL MUSIC GROUP". Universal Music Group. November 13, 2022. Retrieved November 13, 2022.
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