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Business News Deals Labels & Publishers
Absolute to distribute Cherry Red’s acquisitions from Warner
By Chris Cooke | Published on Tuesday 13 February 2018
Absolute Label Services has announced a deal to provide global distribution for Cherry Red Records for catalogues the indie label acquired late last year as part of Warner Music’s ongoing divestment programme.
Warner, of course, has been divesting certain artist and label catalogues to independent music companies as part of a commitment it made to the indie community when it bought the Parlophone Label Group back in 2013.
As part of that arrangement, Cherry Red has acquired recordings by artists including Dinosaur Jr, Renaissance, Four-play, Third Ear Band, Greenslade, Marc Almond, Howard Jones, Kim Wilde, Mel & Kim, Curved Air, Be-Bop Deluxe, Barclay James Harvest and Chris Squire.
Commenting on those acquisitions, Cherry Red MD Adam Velasco says: “These deals mean another exciting year ahead for Cherry Red. We are honoured to expand our catalogue even further and represent such a varied and thrilling range of music. We will work alongside the artists to release enduring artefacts that will nurture their formidable legacy”.
Meanwhile, on securing the deal to provide distribution services to the label for those recordings, Absolute Label Services Director Simon Wills adds: “We are so pleased to be working with a label as distinguished as Cherry Red Records. It feels like the independent sector is getting smaller every day in our world, but we’re going to work alongside the fantastic team at Cherry Red to make sure that these great albums benefit from our shared work ethic and philosophy”.