Capitol Records and Virgin Records Merge!

EMI Group made the official announcement earlier today. The company is merging its Capitol and Virgin music labels to form The Capitol Music Group, a new pop, rock and urban label that will comprise the Capitol and Virgin Records imprint.

The new label group will also house the Capitol Nashville imprint, Caroline Distribution, EMI Christian Music Group; EMI Televisa Music; and Mute.

The Capitol Music Group will be headed by Lava Records founder and former Atlantic executive Jason Flom, who broke such artists as Kid Rock, Twisted Sister, Sugar Ray, The Coors and others.

Flom joined EMI as Chairman and CEO of Virgin Records America in November 2005 and will report directly to EMI's chairman, Eric Nicoli.

Flom will oversee the combined Capitol and Virgin rosters in the US, which includes artists like Chingy, Jazze Pha and Cee Lo Green, Cherish, Bubba Sparxxx, Letoya Luckett, Korn, Lenny Kravitz, Robbie Williams and Faith Evans.

"The music business shows exciting growth potential, but the environment remains extremely challenging," Nicoli said. "In order to thrive and meet the demands of a rapidly evolving and dynamic music market, we must re-think our operations, not only to make them efficient, but also more effective and focused on creative excellence. By bringing Capitol and Virgin into one label group, we will be better equipped than ever to promote and nurture artistic talent. We remain strongly committed to developing artists in America in all genres as this is a key repertoire source for the world, and to that end, we will maintain our A&R focus and keep a presence in both LA and New York. This structure will also allow us to further build our digital capability."

Capitol Records' U.S. president/CEO Andrew Slater will step down from his position, which he has held since 2001. EMI is in the midst of being restructured, in an attempt to save $217 million.

source: pulse music

Awwwwwwwww Bye bye Mr Slater

I hope this is a good thing..Virgin seems to be a great record company...Hmmmmmmmmm....I especially hope it means good things for Lisa

Thanks for posting Jac...And HI

quote:

Originally posted by Sydneyjean:
Awwwwwwwww Bye bye Mr Slater

I hope this is a good thing..Virgin seems to be a great record company...Hmmmmmmmmm....I especially hope it means good things for Lisa

Thanks for posting Jac...And HI

I hope it means good things for her too. Hi Syd. This means my two favorite artists are now on the same label. Lisa and 30 Seconds To Mars. I hope it means good things for my band as well. The one thing I was happy about was Slater stepping down. Virgin is a good record company or what I could tell from promotions of 30 Seconds. I found it almost funny...not the merging itself but almost every person who I am friends with that is an LMP fan hates 30STM and every person that I am friends with that is a 30STM fan isn't fond of Lisa music wise at least. So I got a sort of giggle out of it. I have a few friends that like both, but I felt maybe it was "irony" they are now on the same label. Or maybe I am looking for another word.

You have been advocating for them for a while now...I should check them out.

And yes, its wonderful to see Mr Slater step down

Yes their CD A beautiful Lie is wonderful as well as their self titled. But if you don't like the s/t songs you probably will enjoy ABL better if you check them out. They are two very different sounding albums. They said they'll never do the same album twice. Which I like. From Yesterday gives me chills the lyrics and music. Anyways haha didn't mean to take over the topic and turn it into an ad for 30STM's music.

quote:

Originally posted by Sydneyjean:
I hope this is a good thing..Virgin seems to be a great record company...Hmmmmmmmmm....I especially hope it means good things for Lisa

Sydney,

Me to because Lisa has so much talent and she deserves to be promoted better than she has been. I mean we only got to see 2 singles be released from her 2 incredible albums and both albums had so much potential!!

I hope this means good things for our girl!!

quote:

Originally posted by betsyb3:
I hope this means good things for our girl!!

Me to!!

I agree with everyone. Maybe then she will get the respect she deserves.

i hope so !!! Virgin seems to treat other peeps really well in my opinion. ....but as we all said before ....she should just do her own thing ...dam she has been doing that anyway ...
and she should open a studio ! then i can come and pretend im a rock star and record at LISAsLIVEstudio *