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Business News Deals Labels & Publishers
Capitol partners with Vegas clubbing firm on new EDM label
By Chris Cooke | Published on Monday 30 June 2014
Las Vegas clubbing firm Drai’s Entertainment has joined forces with Universal’s Capitol Records and management firm Turn First Artists to launch a new EDM-focused record label. In addition to the usual A&R support and record releasing expertise you’d expect from a record deal, the new Vegas-based enterprise will also offer artists a residency at a Drai’s venue in the city.
Confirming the new joint venture, Sarah Stennett, CEO of Turn First, told reporters: “We all share a unique vision to launch the first dance label on the strip in Vegas. We have a unique platform to break and develop talented DJ producers. These artists will be able to release through a label that has the clout of a major and the bespoke services of a fast moving independent dance label”.
Meanwhile Capitol’s Steve Barnett said: “With Drai’s providing our joint venture with an extraordinary, one-of-a-kind nightclub venue in Las Vegas, we have an exciting platform from which to accelerate the careers of artists in the EDM realm and share their talents with audiences around the world”.
Although based in Vegas the new label, to be called After Hours, will also have reps in London, New York and LA.
