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Business News Deals Labels & Publishers
+1 Records partners with Exceleration Music
By Andy Malt | Published on Thursday 26 January 2023
New York-based independent +1 Records has announced a new partnership with Exceleration Music which will see the latter invest in the label and provide operational support. +1 CEO Jonny Kaps will continue to lead the company.
“+1 Records has always been different”, says Kaps. “We are an independent record label that comes from a management perspective, specialising in artist development. Our A&R prioritises music and artists over data. I am so happy to partner with an independent company whose values, philosophies, strategies and resourcefulness mirror our own”.
“Together we will be an even greater resource for independent artists”, he goes on. “Our first goal has always been and will always be to allow artists to be artists, supported by a passionate and creative team where the artist always comes first”.
Exceleration’s Managing Partner Glen Barros adds: “Our investment in +1 underscores one primary way in which Exceleration serves the independent music community. Jonny has done a remarkable job of creating a cutting-edge label. We believe that, with our added human and financial resources, he will have the ability to take the label to the next level and beyond – way beyond! We can’t wait to see what the future holds for this partnership”.
Following the deal, +1 has new releases lined up from Rejjie Snow, Nate Husser, Lo Village and Anna Shoemaker.
