Three British music entrepreneurs based in Thailand - Andy Haggerstone, Andy Griffin and Chris Craker - have formally announced the launch of a new artist management company and record label based in the country, called Kaleidoscope BKK. It’s basically a sister company to Haggerstone’s existing UK-based management firm and label, Kaleidoscope.
Developed while other individual projects fell away during lockdown, the founders have taken the unusual step of assigning a 25% stake in the new business to the artists on the label’s roster. This means that, as well as any direct income from their work with the company, those artists will also earn a share of its profits.
“We hope that by effectively making artists shareholders in the company, we can foster a spirit of creativity and collaboration on the roster - where the artists help us choose and develop new additions to the Kaleidoscope BKK family, work on each other’s projects, and help each other grow their audience”, says Haggerstone, who is Managing Director of the new company.
Kaleidoscope BKK is now actively seeking artists to join its roster, and is encouraging Thailand-based artists to send in demos via the firm’s website.