Beggars Group is a British record company that holds record labels, including 4AD, Rough Trade Records,[2] Matador Records,[3] XL Recordings and Young.

History

Founded by Martin Mills, Beggars' roots stem from the Beggars Banquet record shops, which first opened in 1973 with a shop in Earls Court, London. In 1977, spurred by the prevailing DIY aesthetics of the British punk rock movement (then at the height of its popularity), the shop founders decided to join the fray as an independent label and release records as Beggars Banquet Records, which became the group's flagship label and namesake.[4] The first band on the label was English punk group The Lurkers; the first ever release on the label was The Lurkers' "Shadow"/"Love Story" 7" single.[4] Later in the decade and into the early 1980s, hits with Tubeway Army and Gary Numan secured the label's future.[4] Beggars Banquet then went on to release music by Bauhaus, Biffy Clyro, Buffalo Tom, The Charlatans, The Cult, The Fall, The Go-Betweens, The National, St. Vincent and Tindersticks.

In August 2002, it was announced that Beggars Group had purchased a 50% stake in Matador Records.[5]

In 2007, it was reported that Beggars had purchased Rough Trade Records.[6]

Beggars owned a stake in Spotify, selling it in 2019, the full amount not was disclosed, but 50% was shared amongst Beggars artists and £8m went to Martin Mills.[7]

Ownership

The Beggars Group has been in business for over forty years and is owned and managed by Martin Mills. As of 2017, the main labels that form the group are 4AD, Matador Records,[3] Rough Trade Records,[8] XL Recordings[9] and Young. The company owns 4AD (the label itself a Beggars Banquet imprint) outright, and retains a 50% stake in each of the others. Older labels within the group, including Beggars Banquet itself and Too Pure, are now part of Beggars Arkive, which is the catalogue department for its labels that are no longer active.[10]

XL is a major owner of the Rough Trade Shops chain, where Beggars directors own shares and oversee control.[11]

Independence

With a worldwide network in place, unusual in the independent sector, the Group now has three offices in London (two of which also house recording studios), two in the US (New York and Los Angeles), and a dedicated office in every major territory. The company has also been actively involved in helping to promote the collective interests of the sector, being founding members of the AIM (UK) in 1999, IMPALA (Europe) in 2000, A2IM (USA), and most recently the Worldwide Independent Network, each of which represent the interests of the independent music industry. The Beggars Group are also active members of Merlin, the independents’ rights licensing body.[citation needed]

Martin Mills

Martin Mills is an active advocate for independent labels.[12][13] He has testified before the Senate Subcommittee on Antitrust Competition Policy and Consumer Rights hearing against the Universal Music Group-EMI merger.[14] In 2011, The Guardian named him #22 in their "Music Power 100".[15] He was given the "Industry Icon" award by Billboard (magazine) at Midem in 2013,[16] and the Pioneer Award at the 2014 AIM Independent Music Awards.[17] He has been listed on Billboard's "Power 100" several times including #63[18] in 2015, #66[19] in 2014, and #64[20] in 2013. Variety Magazine named him one of the International Music Leaders of 2018.[21] He is a founding member of Impala, on the boards of A2IM, Merlin, and AIM, and in 2018 was appointed to a new role, Chair of WIN, the Worldwide Independent Network representing the interests of the global independent music community.[22] He has a fortune of £230 million.[9]

Current group artists

The main labels that are part of the Beggars Group are home to a range of artists including:[23]

Europe

References

  1. ^ "Beggars leaves ADA to join Redeye, alongside Domino, for physical distribution in the US". Music Business Worldwide. January 6, 2020.
  2. ^ "Rough Trade join Beggars group of labels". The Line Of Best Fit. 2007-07-24. Retrieved 2014-08-11.
  3. ^ a b "Matador Joins Beggars Group of Labels; Beggars Group Purchases 50% of Matador - re> NEW YORK, Aug. 12 /PRNewswire/". Prnewswire.com. Retrieved 2014-08-11.
  4. ^ a b c Larkin, Colin (1992). The Guinness Who's Who of Indie and New Wave Music. Guinness Publishing. ISBN 0-85112-579-4.
  5. ^ Billboard: Beggars Purchases Half-Stake In Matador, 21 Aug 2002
  6. ^ Billboard: Beggars Group Buys Rough Trade, 24 July 2007
  7. ^ "Payday for music pioneer". The Sunday Times. 28 July 2019. p. 1.
  8. ^ "Beggars Group Buys Rough Trade". Billboard. 2007-07-24. Archived from the original on 2018-06-25. Retrieved 2014-08-11.
  9. ^ a b Hall, James (2021-10-15). "Adele, Inc: why the music industry is banking on pop's $1.5 million-a-day woman". The Telegraph. ISSN 0307-1235. Retrieved 2023-04-30.
  10. ^ Swash, Rosie (2008-04-30). "A farewell to Beggars Banquet's indie charms | Music". theguardian.com. Retrieved 2014-08-11.
  11. ^ "ROUGH TRADE RETAIL (UK) LIMITED people - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2023-04-30.
  12. ^ "Martin Mills: 'Beggar' who does as he chooses". Telegraph. 2008-06-14. Retrieved 2014-08-11.
  13. ^ "News". HITS Daily Double. Retrieved 2014-08-11.
  14. ^ "Exclusive: Beggars Group's Martin Mills On Testifying at Senate Universal-EMI Hearing". Billboard. 2012-06-20. Archived from the original on 2015-06-03. Retrieved 2014-08-11.
  15. ^ "Martin Mills | No 22". The Guardian. 2011-05-26. ISSN 0261-3077. Retrieved 2023-04-30.
  16. ^ "to Honor Beggars Group Chairman Martin Mills at MIDEM". Billboard. 2012-06-21. Archived from the original on 2014-08-14. Retrieved 2014-08-11.
  17. ^ "Martin Mills to receive Pioneer Award at AIM Independent Music Awards". NME. 2014-07-12. Retrieved 2015-05-06.
  18. ^ "Power 100 - Martin Mills". Billboard. 2015-05-02. Archived from the original on 2015-05-21. Retrieved 2015-05-06.
  19. ^ "Power 100 - Martin Mills". Billboard. 2014-01-23. Archived from the original on 2014-08-14. Retrieved 2015-05-06.
  20. ^ "Billboard Power 100: Martin Mills". Billboard. 2013-02-02. Archived from the original on 2015-09-26. Retrieved 2015-05-06.
  21. ^ "International Music Leaders of 2018". Variety Magazine. 2018-06-04. Retrieved 2018-06-24.
  22. ^ "WIN appoints Martin Mills as non-exec chair". Music Week. 2018-02-27. Retrieved 2018-06-24.
  23. ^ "Beggars Group". Beggars Group. 2014-02-13. Archived from the original on 2014-02-22. Retrieved 2014-02-13.
  24. ^ "4AD artists". 4ad.com. Retrieved 2018-06-24.
  25. ^ "Grimes / 4AD Tie The Knot | News | Clash Magazine". Clashmusic.com. Retrieved 2014-08-11.
  26. ^ "Matador artists". matadorrecords.com. Retrieved 2018-06-24.
  27. ^ "How Queens Of The Stone Age Hit #1 On An Indie Label". Forbes. Retrieved 2014-08-11.
  28. ^ Payne, Chris (December 14, 2016). "Spoon Shares New Song, Will Return to Matador Records for March 2017 Album". Billboard. Prometheus Global Media. Retrieved May 24, 2017.
  29. ^ "Rough Trade artists". roughtraderecords.com. Retrieved 2018-06-24.
  30. ^ "Ratking". Xlrecordings.com. Archived from the original on 2013-01-15. Retrieved 2013-03-04.
  31. ^ "Young artists". YOUNG. Retrieved 2021-05-09.

External links

51°27′31″N 0°11′07″W / 51.4585°N 0.1854°W / 51.4585; -0.1854

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