Ripped directly from the
HITS Daily Double Rumor Mill:
MYSPACE RECORDS OUT OF SPACE? With the imminent
News Corp. sale of
MySpace, the website’s
MySpace Records looks like it’s shuttering for good this time. The label, which was formed in 2005 and aligned with
Interscope Records, announced a partnership with
Downtown Music last September. Since then, the label has been steadily dismantled by GM
David Andreone, who took the helm just over a year ago and will leave at the end of the month to reportedly take a job at a digital music company. He has been helping the acts find new label homes, and even getting their master recording rights back. One act drawing some attention is
Meiko, who already has a strong track record in sales, touring, film and TV placements.
(5/31p)A more thorough report here from
RM64.com:
As the
News Corp. sale of
MySpace is close at hand (with an announcement expected in the coming weeks), so too is
MySpace Records shuttering, for good this time. Early 2010 began the initial dissolving of the label, which was formed in 2005 and aligned with
Universal Music Group label
Interscope Records via a P&D deal that has now lapsed, and since last year the operation has continued under a skeletal staff and somewhat ambiguous circumstances – a partnership with
Downtown Music was announced back in September.
However, with the writing on the wall as to MySpace’s future, and a scaling back of many divisions, MSR began to be dismantled, a process which was guided by label GM
David Andreone who
took the helm just over a year ago. Among many duties, Andreone has also helped the artists signed to MSR find new label homes, and even get master recording rights back – some albums previously released by the label have already been pulled down from digital marketplaces such as
iTunes…
One former MySpace Records/Interscope artist, and now free agent who is getting a lot of industry attention,
Meiko, has just completed a new album produced by
Styrofoam and
Jimmy Messer,
and mixed by
Brian Malouf. We hear that labels on both coasts are talking to the songstress, who already has a strong track record with sales, touring and film & TV… And word is that Andreone, a veteran of both the music publishing and record label arenas, is likely to transition to one of a handful of digital music companies in play, after he departs his post at the end June… Stay tuned.
AUDIAFAUNA (unsigned, unpublished) -- We can't. Stop. Watching. This. Video. Dunno - there's something about the song and the visuals that we LOVE. They're like Edward Sharpe & The Magnetic Zeros, but more fiddle-tastic, fronted by a cuter, more-talented Florence Welch. Or something even more awesome than that. We don't know much about them, but we do know Audiafauna is a Santa Cruz-based band in the process of recording a debut album funded by a Kickstarter campaign. Coincidentally, they're playing a show with Capital Cities (below) at Cafe Du Nord on June 25. If you're in the Bay Area, you should check 'em out.
