Veteran label exec's imprint moves from Republic, taking St. Vincent, Spoon, Little Dragon, Rhye, Cut Copy, Soundgarden and others along with him.
Tom Whalley is moving from one part of the Universal Music Group to another.
His Loma Vista Recordings, home to St. Vincent, Little Dragon, Rhye, Cut Copy, Soundgarden and the Grammy--nominated Django Unchained soundtrack, among others, is headed to Concord Music Group in a new multi-year, worldwide strategic partnership. Under the terms of the agreement, Concord will provide funding for new talent relationships and artist development, as well as comprehensive label services for the tastemaker-heavy current and future artist roster.
Formed in 2012 by Whalley’s Seven Four Ent. in partnership with Republic Records, Loma Vista Recordings has released albums by a n umber of prestigious artists, including St. Vincent, Little Dragon, Rhye, Birds of Tokyo, Cut Copy, Ghost BC, Manchester Orchestra, Soundgarden and Papa Spoon, the latest addition to the Loma Vista Recordings family, will release their new album They Want My Soul on August 5.
Commented Whalley: “Over the course of two years, we have built a roster full of my favorite artists making music today. Concord is an ideal partner because they share our sense of independence and core values in how you create and expose music to fans around the world. And in expanding our relationship with Universal Music Group, our artists continue to be supported by the best distribution, marketing and promotion people in the business.”
Added Concord Music Group managing director Scott Pascucci: “Tom is one of the truly exceptional executives in the music industry, and we are honored to have an opportunity to work with him and the entire Loma Vista team. Together we’ll look to build on the great foundation that Tom has created and foster a nurturing environment for all Loma Vista artists, while producing long-term value for our employees and investors.”
Concord president/CEO Glen Barros is also excited about what Whalley brings to the table: “His experienced team and dynamic artist roster add an exciting new dimension to Concord that aligns perfectly with our vision for the company. We welcome complementary opportunities such as this and believe that this partnership will yield great results for all involved.”
UMG chairman/CEO Lucian Grainge added: “Loma Vista and Concord are ideal partners, both creatively and culturally, and we’re thrilled that as a partner ourselves to both of them, UMG can renew and extend our relationship with Tom and build upon our collaboration with Scott, Glen and the great team at Concord."