Neon Gold Information founder Derek Davies, whose label has inked a distribution take care of Common Music’s Virgin Music. Photograph Credit score: UMG
Following a decade-long partnership with Warner Music’s Atlantic Information, Neon Gold Information has inked a distribution tie-up with Common Music’s Virgin Music Group (VMG).
The 15-year-old indie label and VMG unveiled their “world distribution settlement” by way of a proper launch at this time. Billing itself because the profession launchpad behind well-known artists equivalent to Charli XCX and Tove Lo, Neon Gold has launched a number of initiatives from the acts.
However between 2014 and this 12 months’s starting, Neon Gold releases had been a part of a JV deal involving the aforesaid Atlantic. Now, that collaboration is within the rearview – “earlier profitable joint ventures with…Atlantic (2014-2024),” the textual content noncommittally references – and the New York Metropolis-based label has finalized a “multi-year” settlement with the Saban Music Latin proprietor Virgin.
Whereas the announcement doesn’t seem to say areas past distribution, it does emphasize Neon Gold’s objective of constructing “on the artistic freedom and personalised arms on consideration” that it’s “turn out to be identified for.” And the enlargement will, after all, be “amplified by the sturdy world infrastructure and help of Virgin.”
On this entrance, Neon additional revealed the signing of Phantogram and teased the announcement of “extra marquee signings” for “the approaching weeks.”
“We’re thrilled to embark on the following chapter of Neon Gold with Virgin Music Group,” Neon Gold founder Derek Davies elaborated. “The partnership permits us to take care of our unbiased spirit and artist-centric ethos, whereas benefiting from the dimensions, world infrastructure and group of Virgin Music Group.
“It’s the proper mixture to help our mission of delivering main outcomes on unbiased phrases for artists, carving out new lanes for our acts to have extra management each creatively and commercially,” concluded the previous Medallion president Davies.
And in remarks of her personal, Jacqueline Saturn, VMG’s president of North America and EVP of worldwide artist relations, touted the anticipated “subsequent part of Neon Gold.”
“As many unbiased labels dream to do,” the previous Epic/Sony Music exec Saturn communicated partly, “Neon Gold has not solely achieved industrial success, however they’ve developed right into a trusted way of life model that has turn out to be a mainstay definer of left-of-center pop music, they usually proceed to have a cultural influence.”
For the overarching Common Music, the Neon Gold union represents the most recent in a line of noteworthy 2024 distribution offers. On the 12 months, the BMG-allied enterprise has disclosed partnerships with Beijing’s TF Leisure and BTS company Hybe. The latter pact spans a decade and covers a number of areas, not solely distribution.
