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Endpoint: Motown Record Corporation



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created on: 22/10/2020
by: Lo55o (12474)
 
 

Company properties

General info :
Motown Records was founded by Berry Gordy Jr. as Tamla Records on January 12, 1959, and incorporated as Motown Record Corporation on April 14, 1960.

Its name, a blend of motor and town, has become a nickname for Detroit, where the label was originally headquartered.

Early Tamla/Motown artists included Mable John, Eddie Holland and Mary Wells. "Shop Around", the Miracles' first number 1 R&B hit, peaked at number two on the Billboard Hot 100 in 1960. It was Tamla's first million-selling record. On April 14, 1960, Motown and Tamla Records merged into a new company called Motown Record Corporation.

Many more subsidiary labels were established later under the umbrella of the Motown parent company, including Gordy Records, Soul Records and VIP Records; in reality the Motown Record Corporation controlled all of these labels.

Motown played an important role in the racial integration of popular music as an African American-owned label that achieved crossover success. In the 1960s, Motown and its subsidiary labels (including Tamla Motown, the brand used outside the US) were the most successful proponents of the Motown sound, a style of soul music with a mainstream pop appeal. Motown was the most successful soul music label, with a net worth of $61 million. During the 1960s, Motown achieved 79 records in the top-ten of the Billboard Hot 100 between 1960 and 1969.

Following the events of the Detroit Riots of 1967 and the loss of key songwriting/production team Holland–Dozier–Holland the same year over pay disputes, Gordy relocated Motown to Los Angeles, California. Motown expanded into film and television production, remaining an independent company until 1988, when it was sold to MCA Records. PolyGram purchased the label from MCA in 1993, followed by MCA successor Universal Music Group when it acquired PolyGram in 1999.

Motown spent much of the 2000s headquartered in New York City as a part of the UMG subsidiaries Universal Motown and Universal Motown Republic Group.
From 2011 to 2014, it was a part of The Island Def Jam Music Group division of Universal Music.
In 2014, however, UMG announced the dissolution of Island Def Jam, and Motown relocated back to Los Angeles to operate under the Capitol Music Group, now operating out of the Capitol Tower.
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Label : Motown
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Item number : 35464

Submitted by : Lo55o (12474)
on : 22/10/2020