Music Banter - View Single Post

Urban Hat€monger ? · 12-09-2009, 12:17 PM

Creation has never been major label subsidiary.

Sony didn't buy into it until 1992, nearly 10 years into the labels existence, when they bought a 49% share of the label due to Loveless & Screamadelica constantly being delayed & costing more & more money to make.
It was also written in that contract that they would only own the name and had no say in the day to day running of the label.
When it became apparent this relationship wasn't working McGhee folded the label.

12-09-2009, 12:17 PM	#264 (permalink)
Urban Hat€monger ? The Sexual Intellectual Join Date: Dec 2004 Location: Somewhere cooler than you Posts: 18,605	Creation has never been major label subsidiary. Sony didn't buy into it until 1992, nearly 10 years into the labels existence, when they bought a 49% share of the label due to Loveless & Screamadelica constantly being delayed & costing more & more money to make. It was also written in that contract that they would only own the name and had no say in the day to day running of the label. When it became apparent this relationship wasn't working McGhee folded the label. __________________ Urb's RYM Stuff Most people sell their soul to the devil, but the devil sells his soul to Nick Cave.