Topics

EMI Group Ltd.

Grammy Awards bring gold to revitalized Capitol Records

Grammy Awards bring gold to revitalized Capitol Records

As I noted in a recent profile of the Capitol Music Group and its president and chief executive, Steve Barnett, Capitol Records has been on a roll in the two years since it became part of the Universal Music Group following UMG’s purchase of Capitol’s parent company, EMI Music. And Sunday night’s Grammy Awards ceremony put a gold crown on Capitol’s rise from the No. 5 label in terms of market share at the end of 2012 to No. 2 at the close of 2014, with all four of the top general awards -- record, album, song and new artist --going to Capitol artists Sam Smith and Beck. In all, Capitol Music Group artists took home 12 Grammys -- 13 if you include engineers who...

Loading