SRC RECORDS PARTNERS WITH RONDOR MUSIC PUBLISHING TO LAUNCH MEROKEE MUSIC
New York, New York, August 27, 2007 – SRC Records, home to such multiplatinum-selling artists as Akon, David Banner, Terror Squad and Wu-Tang Clan, has entered into a publishing agreement with Rondor Music to launch Merokee Music. The announcement was made today by Steve Rifkind, Founder and Chief Executive Officer of SRC Records, Rich Isaacson co-Founder of Merokee Music, Lance Freed, President of Rondor Music, and Ron Moss, Executive Vice President of Creative for the company.
Under the terms of the agreement, Rondor will fund, co-own and administer all new signings and releases through Merokee Music which will be affiliated with artists and producer/writers signed to SRC. SRC Records is distributed through Universal Music Group, the world’s leading music company.
“I’m pleased that Merokee will flourish with Lance, Ron and the entire Rondor team,” stated Mr. Rifkind. “Both Lance and Ron share our vision for Merokee and the importance that we put on artist development. They are one of the most aggressive and enthusiastic publishers in the market, and we’re looking forward to hitting the ground running.”
"Rondor is committed to giving artists an opportunity to develop their skills as songwriters at an early stage in their careers,” noted Mr. Freed. “This is a partnership of creative integrity where we share a common vision for quality and always putting music at the forefront...where it belongs.”
“Steve is one of today’s most talented and successful music executives and entrepreneurs and Rich is a man who has amazing business acumen and a great passion for music,” added Mr. Moss. “And we are thrilled to be working with them, and developing Merokee as a significant and respected force in the music publishing business.”
Almo/Irving Music was founded in 1962 by Herb Alpert and Jerry Moss as the original domestic publishing arm of their newly-formed A&M Records. In 1966 the company, with only 200 copyrights, began to reach out for new songs and writers. Today, Rondor Music International publishes more than 80,000 titles covering all musical styles and genres.
As a measure of the company’s success, Rondor songs have captured a number of Grammy awards over the years including “From A Distance”, written by Julie Gold (1991), “Tears In Heaven”, written by Will Jennings and Eric Clapton (1993) and “My Heart Will Go On” written by Will Jennings and James Horner (1998) and "Red Dirt Girl, written by Emmylou Harris (2004).
Rondor has expanded its range of titles through the acquisition of other major catalogs, including Brian Wilson’s Beach Boys Catalog, the Stax-era East Memphis Music Catalog and the Shelter Music Catalog, featuring the music of Tom Petty, Leon Russell, and Phoebe Snow. Other acquisitions include the songs of Lloyd Price, Difford and Tillbrook of the band Squeeze, Leo Sayer and major Jazz catalogs featuring the songs of Les McCann and Wayne Shorter.
About Universal Music Group
Universal Music Group is the world’s leading music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, the industry’s largest global music publishing operations.
Universal Music Group consists of record labels Decca Label Group, Deutsche Gramophone, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Records Group, Universal South Records and Verve Music Group, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division, and Universal Music Mobile.
Universal Music Group is a unit of Vivendi, a global media and communications company.