Skip to main content

WMG Launches Digital-Only Music Label

Major record label Warner Music Group announced the launch of "Cordless Recordings," a new digital-only label imprint headed by Jac Holzman, the founder and former CEO of Elektra and Nonesuch Records. In an unorthodox move for a major label venture, Cordless will allow bands to retain rights to their master recordings, which will be distributed in clusters of three or more songs on digital services, rather than as full albums.

Cordless will initially sell clusters from signed artists Jihad Jerry & The Evildoers, Breakup Breakdown, Dangerous Muse, Nozzle, Koishii & Hush and Humanwine, on iTunes, Rhapsody, Napster and new, legal peer-to-peer services like iMesh and the forthcoming Mashboxx.

"When we started to think about Cordless, certain lessons from the past kept returning to me," said Holzman. "The close, creative relationship with artists and their fan base by frequent release of records, keeping costs low and having a methodology that would let us use our medium to introduce our material to more fans. Cordless is a community intended to give new artists their chance, and a process that connects an audience to our artists' creativity. This is who we are and that is what we have pledged to do."

Popular posts from this blog

Frontier AI Peaked. Here's What Comes Next

The prevailing narrative around artificial intelligence (AI) has been one of relentless scale. Bigger models, bigger clusters, bigger budgets. The assumption, largely unchallenged until recently, was that raw parameter count translated directly into competitive advantage. New research from Omdia suggests it's time to retire that assumption. According to the latest market study by Omdia, parameter growth in frontier AI models has slowed to around 5 percent annually since 2021, a stark contrast to the more than hundredfold expansion seen between 2019 and 2021. Enterprise AI Market Development For executives who have been making infrastructure and investment decisions based on the assumption that AI would keep demanding ever-larger, ever-more-expensive hardware, this finding deserves serious attention. The race to the top of the model size leaderboard has, at least for now, plateaued. Crucially, Omdia's analysts are not reading this as an AI winter. Alexander Harrowell, senior pri...