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Snapper Music changes ownership in management buyout
By Andy Malt | Published on Friday 11 May 2018
Independent record company Snapper Music is under new ownership, following a management buyout by Frederick Jude.
Originally founded in 1996, the company was bought out by music publisher Bryan Morrison in 2004, and has been majority owned by his estate since his death in 2008. Jude has been Managing Director of the company since 2005, and will continue to oversee the business as its owner.
“After 21 years at Snapper and MD for the last thirteen years, I’m truly excited and re-energised to have become the majority shareholder of The Snapper Group”, says Jude. “At Snapper we’re continuing to evolve and move with the differing ways people consume music – building on specialist music genres with the Kscope and Peaceville labels and successfully elevating some of our artists to the top of those genres”.
He adds: “We maintain a family feel with our artists, for many of whom we have their entire catalogue or majority recording history. Our heart is firmly in beautiful, physical packages and we’re continuing to learn how best to use today’s digital marketing tools to encourage fans to become aware and listen to music from our 12,000+ song catalogue. That’s not to say it’s been easy. Over the years at Snapper, there have been challenging times with a number of major retailers and distributors disappearing”.
Upcoming releases from Snapper and its various imprints include albums from The Anchoress, The Pineapple Thief and Bloodbath, as well as a 21st anniversary edition Mansun’s ‘Attack Of The Grey Lantern’.
