70-451: Elektra Records (or Elektra Entertainment ) is an American record label owned by Warner Music Group , founded in 1950 by Jac Holzman and Paul Rickolt. It played an important role in the development of contemporary folk and rock music between the 1950s and 1970s. In 2004, it was consolidated into WMG's Atlantic Records Group . After five years of dormancy, the label was revived as an imprint of Atlantic in 2009. In October 2018, Elektra
140-538: 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
210-405: 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
280-558: 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
350-470: 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
420-408: 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
490-568: 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. Kinney National Company Kinney Services Inc. was an American conglomerate company from 1966 to 1972. Its successor was Warner Communications . Kinney National's predecessors were Kinney Service Corporation and National Cleaning Contractors Inc., whose merger began in January 1966 and
560-609: 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,
630-471: 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
700-462: 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
770-605: 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
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#1732859217678840-488: A section of the California Labor Code , that allows employees to be released from a personal services contract after seven years. By this time, Metallica had been with the label for more than a decade and had racked up sales over 40 million records, but they were still operating under the terms of their original 1984 contract, which provided a relatively low 14% royalty rate. The group also claimed that they were taking
910-461: A three-album deal. Also in 1967, Elektra launched its Nonesuch Explorer Series, one of the first collections of what is now referred to as world music . Excerpts from several Nonesuch Explorer recordings were later included on the two Voyager Golden Discs , which were sent into deep space in 1977 aboard the Voyager 1 and Voyager 2 space probes. Elektra, along with its Nonesuch Records subsidiary,
980-544: 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
1050-454: 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
1120-684: 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
1190-459: 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
1260-505: 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
1330-558: The "solid bite" of the letter 'K', citing its use in the Kodak name. The first Elektra LP, New Songs (EKLP 1 released March 1951), was a collection of Lieder and similar art songs, which sold few copies. During the 1950s and early 1960s, the label concentrated on folk music recordings, releasing a number of best-selling albums by Theodore Bikel , Ed McCurdy , Oscar Brand , and Judy Collins , and protest singers such as Phil Ochs and Tom Paxton . Holzman also recorded Josh White , who
1400-483: The 1990s drew to a close, Elektra began to see a slump in revenue, while noticeably underperforming on the charts. It also developed a bit of a sullen reputation in the industry for not properly promoting many of its releases, thus earning the nickname "Neglektra" from several signed artists, such as Marvelous 3 , Jason Falkner , and Greg Dulli , and was easily lagging behind its sister labels Warner Bros. Records and Atlantic Records. In February 2004, Warner Music Group
1470-599: The Milsteins remaining as managers of the unit until 1971 before the sale. Due to a financial scandal involving price fixing in its parking operations, Kinney National spun off its non-entertainment assets on August 7, 1971 as the National Kinney Corporation , and renamed the remaining Kinney Services as Warner Communications Inc. on February 10, 1972. Steve Ross was the company's sole CEO , president , and chairman . Directors included Charles A. Agemian ,
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#17328592176781540-501: 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
1610-546: 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
1680-519: The Year". Nadel was officially named president of the label in 2017. In October 2017, Elektra Records partnered with MSG Networks for "Friday Night Knicks". Announced on June 18, 2018, Warner Music Group relaunched Elektra Music Group on October 1, as a stand-alone, staffed music company with the labels Black Cement, Elektra, Fueled by Ramen (FBR), Low Country Sound , and Roadrunner Records . A handful of major artists transferred from Atlantic. This returned
1750-463: The action because Robert Morgado had refused to honor a new deal they had worked out with Bob Krasnow shortly before he quit the label. Elektra responded by countersuing the group, but in December, New York magazine reported rumors that then Warner Music US chairman Doug Morris had offered the group a lucrative new deal in exchange for dropping the suit, which was reported to be even more generous than
1820-407: 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
1890-411: 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
1960-415: 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
2030-425: 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
2100-484: 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
2170-467: The biggest market share and gross revenues Elektra Asylum was to have, inherited the A&;R services of Chuck Plotkin , famed later for producing many of Bruce Springsteen's greatest records, followed up by George Daly , who is credited as bringing in seminal new wave band The Cars , setting Elektra, again, on another artist direction. Although the label was technically listed as "Elektra/Asylum Records" on
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2240-650: 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
2310-484: The collective reputation of the group. Unhappy with major structural changes enacted by then Warner Music Group chairman Robert Morgado, Bob Krasnow abruptly resigned in July 1994, and others soon followed; the highly respected Warner Bros CEO Mo Ostin decided not to renew his contract and left in December 1994, and Ostin's friend and protégé Lenny Waronker left early the next year. Krasnow was replaced by Sylvia Rhone , who at
2380-403: 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
2450-400: 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
2520-533: The creation of 300 Elektra Entertainment (3EE), a new umbrella group created from the merger of Elektra Music Group and 300 Entertainment . The umbrella group means that Fueled by Ramen, Low Country Sound and Roadrunner have been placed into a singular unit with 300 Entertainment's labels. Despite this merger, WMG maintained that 300 and Elektra will keep their separate identities. Record label [REDACTED] [REDACTED] [REDACTED] "Big Three" music labels A record label or record company
2590-473: The earlier Krasnow deal. In January, the group and Elektra jointly announced that they had settled the suit, and although a nondisclosure agreement kept the terms secret, media sources claimed, "a significant increase in royalty payments to the band as well as a renegotiation of the group's recording contract were key factors in Metallica and Elektra coming to terms." Despite having a large stable of noted acts, as
2660-416: 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
2730-512: 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
2800-686: The group to the Warner-Elektra-Atlantic triad that had for decades marked the original company organization. Staff from Elektra, FBR, and Roadrunner labels, plus some from Atlantic, staffed the new standalone group with co-presidents Mike Easterlin and Gregg Nadel coming from Fueled by Ramen and Roadrunner Records and Elektra, respectively, where they served as label presidents. Elektra co-presidents answered, though, to Atlantic Records Group Chairman and CEO Craig Kallman and Chairwoman and COO Julie Greenwald. On October 3, 2018, Elektra revealed its entire leadership team. The label group's first release
2870-423: The label credits, as the years went on, the label began to unofficially call itself Elektra Records again (with Asylum operating as a subsidiary label). In 1982, Elektra launched a jazz subsidiary called Elektra/Musician . The following year, Bob Krasnow became president and CEO of Elektra; under his leadership, the label reached its commercial peak throughout the rest of the 1980s and early to mid-1990s. In 1989,
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2940-488: The label in 2015. In September 2015, Castelaz stepped down from his role at Elektra, leaving Nadel to run the label. In 2016, Elektra's releases included A/B , the debut album by Icelandic rock band Kaleo , which included the number-one Alternative hit " Way Down We Go ", Fitz and the Tantrums ' self-titled third album and the critically acclaimed Southern Family , which garnered a 2016 CMA Nomination for "Musical Event of
3010-624: The label officially changed its name to Elektra Entertainment. During the Bob Krasnow era, the label became home to a wide range of artists, such as Metallica , Yngwie Malmsteen , Faster Pussycat , Mötley Crüe , Phish , Tracy Chapman , 10,000 Maniacs , They Might Be Giants , The Cure , The Sugarcubes , Stereolab , Luna , The Call , X , The Afghan Whigs , Anita Baker , Linda Ronstadt , Natalie Cole , Brand Nubian , KMD , Pete Rock & CL Smooth , and Ween . The label's A&R department included former music journalist Terry Tolkin , who
3080-678: 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
3150-433: 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
3220-537: 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
3290-473: The meantime, was appointed senior vice president and chief technologist for Warner — ushering the company into home video and the first interactive cable system. Holzman also went on to acquire Discovery Records . In 1975, Geffen stepped down when he was told that he had a terminal illness; He later was revealed to have been falsely diagnosed. He was replaced by Joe Smith, who later went on to become CEO of Capitol Records . Joe Smith, whose leadership resulted in
3360-491: The mid-1960s. In 1965, Elektra began a short-lived joint venture with Survey Music called Bounty Records, which was Elektra's first foray into pop music. The most notable signing for Bounty was the Paul Butterfield Band who was moved over to Elektra when Bounty folded. Elektra's entrance into pop gained the label considerable prestige within the music scene by being one of the first labels to sign up leading acts from
3430-402: The new company was called Atlantic Records Group , with Elektra breaking off into a subsidiary that became dormant until the label was revived in 2009 (though longtime time Elektra artists such as Tracy Chapman , Björk , and Yolanda Adams continued to have releases on the label, while newer signees such as Jason Mraz and Jet were transferred to Atlantic). Atlantic Records Group announced
3500-663: The new wave of American psychedelic rock of 1966–1967. The label's most important signings were the Chicago-based Paul Butterfield Blues Band (with Mike Bloomfield ), the Los Angeles bands Love and The Doors , and the Detroit bands The Stooges and MC5 . Included in Elektra's Los Angeles-based signings were Tim Buckley and Bread . In 1968, the label also signed pioneering rock guitar soloist Lonnie Mack to
3570-507: 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
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#17328592176783640-543: 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
3710-459: The revival of Elektra Records as an independent entity within Warner Music on June 1, 2009. The revived label is headed up by two new co-Presidents: Mike Caren , Exec. VP of A&R for Atlantic Records, and John Janick , founder and President of prominent indie label Fueled by Ramen . The revived label uses a modified version of the circa -1970s Elektra logo. The first release of the new label
3780-418: 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
3850-419: 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
3920-400: 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
3990-629: The time was a senior vice president at Atlantic Records , and also the CEO of Atlantic's EastWest Records America imprint. Upon Rhone's arrival at Elektra, the label took over the operations of EastWest, as well as Sire Records (which had previously operated through its sister label Warner Bros. Records ) and was renamed Elektra Entertainment Group. In September 1994, another damaging controversy erupted when heavy metal band Metallica filed suit against Elektra to terminate their contract and gain ownership of their master recordings. The group based its claim on
4060-433: 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
4130-400: Was Trench by Twenty One Pilots on October 5, 2018, on Fueled by Ramen label. Despite that, Atlantic Records is still mentioned in liner notes of the album. In 2019, the label had huge success again with Tones and I 's hit single " Dance Monkey ". In December 2019, Elektra became the distributor for DTA Records , set up by Travis Barker . On June 22, 2022, Warner Music Group announced
4200-479: Was acquired by Kinney National Services in 1970, which changed its name to Warner Communications in 1972. Soon afterwards, Kinney consolidated their label holdings under the Warner-Elektra-Atlantic umbrella. Holzman remained in charge of Elektra until 1972, when it merged with Asylum Records to become Elektra/Asylum Records; Asylum's founder, David Geffen , headed the newly combined label. Holzman, in
4270-622: Was completed in August of the same year. National Cleaning Contractors was founded in 1886 by Louis Frankel and Max Sweig as National Window Cleaning & House Renovating Co., and was later known as National House Cleaning Contractors Inc. The company was formed on August 12, 1966, as Kinney National Services Inc., when the Kinney Parking Company and the National Cleaning Contractors Inc. were merged. The new company
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#17328592176784340-626: Was credited with coining the term " alternative music " in the late 1970s. Also during this time, Elektra developed a relationship with the UK label 4AD . Elektra became the label for 4AD acts such as the Pixies , the Breeders , Frank Black , and The Amps in the United States. Like its sister labels, Elektra's fortunes began to wane in the mid-1990s, in part because of a series of bitter corporate battles between senior Warner label executives, which seriously damaged
4410-462: Was detached from the Atlantic Records umbrella and reorganized into Elektra Music Group, once again operating as an independently managed frontline label of Warner Music. In June 2022, Elektra Music Group was merged with 300 Entertainment to create the umbrella label 300 Elektra Entertainment (3EE), though both Elektra and 300 continued to maintain their separate identities as labels. Elektra
4480-455: 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
4550-481: Was formally founded in September 1971. On November 22, 1971, Kinney Services also bought Television Communications Corporation (which was renamed as Warner Cable in 1973), including its recording studio operations of 1,210,500 common shares. Kinney National also owned wood flooring manufacturer Circle Floor from Seymour Milstein and Paul Milstein , when Kinney's predecessor bought it in 1964 for $ 15 million, with
4620-588: Was formed in 1950, as the Elektra-Stratford Record Corporation , with a singles label called Stratford Records, by Jac Holzman and Paul Rickolt in Holzman's St. John's College dorm room. Each invested $ 300. The usual spelling of the Greek mythological Pleiad Electra was changed. Holzman famously explained, "I gave her the 'K' that I lacked". He found the 'C' in the original name "too soft", but liked
4690-452: Was headed by Steve Ross . Kinney National Services (later, National was removed from the company name in February 1971 ) was known for purchases and sales: On June 10, 1971, Kinney sold Riverside Memorial Chapel to Service Corporation International . Kinney also announced that it would form a new separate company focused on its parking and cleaning businesses; National Kinney Corporation
4760-409: Was sold by Time Warner to a group of private investors made up of Thomas Lee Partners , Bain & Company , and Edgar Bronfman Jr. (who assumed CEO duties). The new owners of WMG decided to merge Elektra and Atlantic Records. Because it was the lesser performing label of the two, 40% of Elektra's operations were put into the new venture, while a commanding 60% of Atlantic's went in. Subsequently,
4830-542: Was the original soundtrack of the HBO show True Blood , and the first album released was Charlotte Gainsbourg 's IRM . The label is now home to artists such as Uffie , Little Boots , Justice , Bruno Mars , and CeeLo Green . On October 4, 2012, Warner Music announced that Jeff Castelaz , the co-founder of Los Angeles -based independent label Dangerbird Records , had been named president of Elektra Records. Gregg Nadel from Atlantic Records A&R became General Manager of
4900-453: Was without a record deal as a result of McCarthyite blacklisting . In 1964, Elektra launched Nonesuch Records . This classical budget label was the best-selling budget classical label of the era. Other labels followed suit by starting their own budget series, but Nonesuch remained the most popular and Jac Holzman states in his book that profits from the budget classical label made it possible for Elektra to experiment with their pop releases by
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