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Columbia Records Group Forming New Label That Will Begin Operation in Early 1999.


NEW YORK--(ENTERTAINMENT WIRE)--Nov. 17, 1998--The Columbia Records For the Columbia Records label which was a unit of EMI, see .

For the Columbia Records label in Japan, see .

Columbia Records is the oldest surviving brand name in recorded sound, dating back to 1888, and was the first record company to produce pre-recorded records as
 Group is forming a new label that will begin operation in early 1999.

Consisting primarily of a promotion staff and augmented by several marketing positions, the new label will launch with a diverse roster of artists culled from the current ranks of the Group labels on a project-by-project basis.

The company views the new label venture as an effective means of expanding its resources in an increasingly competitive marketplace, while maintaining its commitment to long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 artist development strategies.

The Columbia Records Group is enjoying a tremendous period of growth and success that began ten years ago, which includes long-term relationships with So So Def Recordings So So Def Recordings is a record label, based out of Atlanta, Georgia and owned by Jermaine Dupri, specializing in Southern hip hop, R&B, and bass music. Label history  and Ruffhouse Records Ruffhouse Records is a record label founded in 1989 by Chris Schwartz and Joe Nicolo as a joint venture with Columbia Records. In 1999, Schwartz and Nicolo stopped the label. Schwartz and Kevon Glickman continued with RuffNation Records, Nicolo continued with Judgement Records. , as well as its new associations with American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Recordings, Aware Records and Trackmasters.

Further information, including a label name and staff appointments, will be released next month.
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 18, 1998
Words:144
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