RadioandMusic
| 20 Jul 2019
Sony Music UK acquires Ministry of Sound Recordings

MUMBAI: Sony Music Entertainment UK Ltd. (ôSony Music UKö) today (08.10) announced that it has completed the acquisition of Ministry of Sound Recordings Ltd. (ôMinistry of Sound Recordingsö)

As a result, Sony Music UK has acquired the label outright, including its artists, back catalogue and compilations business. The new relationship brings together one of the most successful UK independent labels with Sony Music, which has successfully introduced domestic acts including Mark Ronson, Paloma Faith, George Ezra and Calvin Harris across the world.

Ministry of Sound Recordings was launched in 1993 as an extension of the pioneering South London nightclub founded by James Palumbo, now Lord Palumbo of Southwark. It is among the worldÆs largest dance music recording businesses, with cumulative album sales in excess of 70 million, including 40 UK No. 1 albums and 21 UK No. 1 singles. This acquisition will bring the Ministry of Sound brand fresh opportunities for growth, with the labelÆs core strength of dance music being enhanced by Sony MusicÆs outstanding international network.

Ministry of Sound Recordings' label arm, led by David Dollimore, houses some of the industryÆs most renowned executives, including highly respected A&R Director Dipesh Parmar and award-winning marketeer Nicola Spokes. Over the last ten years, the label has established an exciting roster of contemporary talent, successfully launching the careers of acts including Eric Prydz, Example and Wretch 32, as well as developing exciting new artists such as Jodie Abacus, Louis Berry, MIAMIGO and Moss Kena.

Sony Music and Ministry of Sound Recordings have enjoyed a burgeoning relationship in recent years. The labelÆs current roster of artists includes BRIT-nominated group London Grammar, whose debut album, If You Wait, sold more than 1.5 million copies globally, as well as DJ Fresh and Sigala. Sigala is licensed to Sony Music internationally and London Grammar is signed in North America through Columbia US.

The new partnership will allow Ministry of Sound Recordings to grow its recorded music offering on a truly global scale. The entire roster will now sit alongside many of the worldÆs most successful modern day artists including Robbie Williams, BeyoncÚ, Justin Timberlake, Meghan Trainor, Olly Murs, Miley Cyrus and Pharrell Williams.

Ministry of Sound RecordingsÆ innovative curation team, led by Naz Idelji, is responsible for approximately one in every six compilation albums sold in the UK, having developed numerous brands including The Annual, Dance Nation, Trance Nation and ClubbersÆ Guide.

Sony Music Entertainment Chairman and CEO Doug Morris stated: ôThis agreement underscores our ongoing commitment to investing in great artistry and hit music. On behalf of the entire Sony Music family, IÆm excited to welcome the wonderful artists and talented team at Ministry of Sound Recordings to our line-up of world-class creative centres. I would like to send my congratulations to both Edgar and Jason.ö

Ministry of Sound Group Chief Executive Lohan Presencer said: ôIÆm delighted we have found the right home to grow Ministry of Sound Recordings at a global level while keeping its unique identity. Sony Music is a world-class company that understands our ethos of exceptional curation and developing young talent. Ministry of Sound Recordings had its most successful year to date in 2015. Sony has the scale and strength within the industry to project our artists and music onto an even bigger platform.ö

International, Sony Music Entertainment Chairman and CEO Edgar Berger said: ôMinistryÆs success story is exceptional and the acquisition is an important milestone in our growth strategy. We welcome the opportunity to further internationalise the footprint of this legendary British independent record label.ö

Sony Music UK Chairman and CEO Jason Iley said: ôMinistry of Sound is one of the greatest brands in music. IÆm delighted to welcome one of the most innovative, smart and pioneering labels to the Sony Music family. David and DipeshÆs track record, alongside one of the best curation teams in the business, speaks for itself and the label will be another hugely exciting addition to Sony Music UKÆs vision for the future.ö