Capitol Music Group
| Capitol Music Group | |
|---|---|
 |
|
| Parent company |
|
| Founded | 1982 |
| Distributor(s) | Self-distributed (United States, United Kingdom, Canada, Australia, New Zealand, France, Sweden) Universal Music Group (International) |
| Genre | Various |
| Country of origin | United States |
| Location | Los Angeles, California, United States |
| Official website | capitolmusicgroup |
Capitol Music Group (abbreviated as CMG) is an American front line umbrella label owned by the Universal Music Group (UMG). It oversees handling of record labels assigned to UMG's Capitol Records division and were inherited from its acquisition of EMI's catalog (save for Parlophone, which was sold to Warner Music Group (WMG) in 2013). It is one of five umbrella labels owned by UMG, with the other four being Interscope Geffen A&M, Island Records, Def Jam Recordings and Republic Records. Labels distributed under the CMG brand include Capitol Records, Virgin Records, Motown Records, Blue Note Records, Astralwerks, Harvest Records, Capitol Christian Music Group, Priority Records, Atom Factory Entertainment and Deep Well Records.
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. Both Virgin Records and Capitol Records, however, remain imprints of the label.
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. As the head of the label, Flom reports directly to EMI Group CEO Eric Nicoli.
...
Wikipedia