38 label that bought motown in 1988

Berry Gordy Sells Motown Records for $61 Million June 29, 1988 12 AM PT Times Staff Writer Berry Gordy Jr., the former Detroit auto worker who built Motown Records into what was once the nation's largest black-owned business, has sold the company... Motown Records | Encyclopedia.com By 1988, however, Gordy realized Motown was too small to survive on its own, and he sold the company to MCA for $61 million. Gordy kept Jobete and Motown's film production unit. The Supremes, featuring lead singer Diana Ross, was Motown's best-selling act.

Motown Sold To MCA (Published 1988) - The New York Times The long-rumored purchase of one of the nation's best-known black-owned businesses gives MCA the Motown record label, a Motown spokeswoman, Rosalind Stevenson, said. Berry Gordy Jr., the former...

Label that bought motown in 1988

Motown Records | Detroit Historical Society Motown had established offices in both Los Angeles and New York during the 1960s and in 1972 the company officially moved its headquarters to Los Angeles. In June 1988, Berry Gordy, Jr. sold his stake in Motown Records for $61 million to Music Corporation of America (MCA). The label is now part of the Universal Music Group. How Motown Got Its Groove Back - Rolling Stone The label's refusal to adapt hurt profit margins, which led to its acquisition by a series of parent companies - first MCA in 1988, and then Polygram, which announced its plans to buy Motown ... Honoring the Musical Legacy of Motown Records - AARP As for the label itself, Gordy sold it to MCA and Boston Ventures in 1988 for $61 million. He fretted that he had set his price too low, and that proved true. Polygram bought it for nearly five times that, $301 million, in 1993. Today the label is modest in size, part of the giant Universal Music Group.

Label that bought motown in 1988. The Story Behind Motown, One of the World's Most Beloved Record Labels Berry Gordy sold Motown in 1988 when the label began to lose money, and the story of one of the greatest record labels the world has known was over. However, the music left behind will ensure that the Motown story never really ends, remaining as popular today as it has ever been. Add to Plan Give us feedback Motown Timeline - Motown - Motown purchases 4 different properties - Johnson signs the Freedom of Information Act 1967- Motown has 5 major record labels - Tamla, Motown, Gordy, Soul, V.I.P - Stevie Wonder tours Europe - Diana Ross and the Supremes sign with Motown - MLK records "Why I oppose the Vietnam War" on Motowns Black Forum Record Label - 25th Amendment Signed GRAPEVINE'S RIGHT MOTOWN SOLD - The Washington Post gordy, 59, who will retain ownership of motown's lucrative jobete music publishing operation and its film production division, will get $61 million for the record label, whose self-proclaimed... Berry Gordy Label Before Motown - Crossword Clue Answer Berry Gordy label before Motown Crossword Clue The answer to this crossword puzzle is 5 letters long and begins with T. Below you will find the correct answer to Berry Gordy label before Motown Crossword Clue, if you need more help finishing your crossword continue your navigation and try our search function .

Motown Records Company L.P. -- Company History MCA and the investment group Boston Ventures bought Motown Records for $61 million on June 29. Motown Productions was renamed Gordy-de Passe Productions. It and the Jobete publishing company became subsidiaries of the newly formed Gordy Company. The Nostalgic 1990s As difficult as the 1980s were, during the next decade the challenges increased. Motown | History, Style, Artists, Songs, & Facts | Britannica Motown, in full Motown Record Corporation, also called Hitsville, recording company founded by Berry Gordy, Jr., in Detroit, Michigan, U.S., in January 1959 that became one of the most successful Black-owned businesses and one of the most influential independent record companies in American history. The company gave its name to the hugely popular style of soul music that it created. Motown - Wikipedia It was an independent company until MCA Records bought it in 1988. PolyGram purchased the label from MCA in 1993, followed by MCA successor Universal Music Group, which acquired PolyGram in 1999. [2] 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. Motown | Ultimate Pop Culture Wiki | Fandom It was an independent company until MCA Records bought it in 1988. PolyGram purchased the label from MCA in 1993, followed by MCA successor Universal Music Group, which acquired PolyGram in 1999. [2] 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.

MOTOWN SUIT SETTLED; MCA OUT - Sun Sentinel What is known, however, is that all claims alleged in the various suits will be dropped and that Boston Ventures, which bought a 70 percent stake in Motown in 1988, will buy out MCA's 18 percent ... Before Motown: L.A.'s Black-Owned Soul Music Empire | Lost LA - KCET During the 1950s and 1960s, Los Angeles had its own Motown records. Dootone Records began on a front porch in Watts and grew to become one of the largest Black-owned record labels in the country. The label's owner, Dootsie Williams, was a trailblazing Black music executive and entrepreneur who not only left an impact on the music industry, but ... The history of Motown timeline | Timetoast timelines Period: Nov 28, 1929 to Jun 1, 1988. Motown Timespan ... Since deciding to produce Berry made a decision to start his own record label, called Tamla. He bought a 2 story building with the nickname Hitsville U.S.A and got to recording. ... Motown had 6 records in the top 10 by the end of the year. IMAGE: '12 Year old wonder' Album by Stevie ... Millennial Motown: The Sound Of Young America In The 80s And 90s In 1988, Berry Gordy sold his shares in the music corporation he'd created, and the label became part of MCA and, subsequently, Polygram and Universal. Gordy had ensured his role would be taken by...

Recreating that Motown Sound

h2g2 - Motown - the Record Label - Edited Entry In June 1988, MCA and Boston Ventures bought Gordy's interest in Motown records for just over $60 million. In 1993 Boston Ventures bought out MCA's interest and sold Motown Records to the Dutch-based Polygram conglomerate for $325 million. The Motown Sound Lives on

High School Dropout Berry Gordy Turned An $800 Loan Into Motown Records ...

History of Motown Records timeline - Timetoast timelines Jheryl Busby, who became executive after Berry Goldy, is replaced by Andre Herrell. Herrell was the founder of Uptown Records and remained in command of Motown for just under two years before passing it off to Danny Goldberg, who then passed owendeership to Kadar Massenburg who took control once Motown was bought by Universal Music group in 1998.

Webquest - The history and impact of motown Records during the 1960s

Motown Records Company L.P. | Encyclopedia.com Motown, Motown Motown is a record company, a musical style, and a corporate conglomerate with several subsidiary labels. The company was founded in Detroit i… Berry Jr. Gordy, Gordy, Berry Jr. 1929— Recording industry executive, entrepreneur On the night of January 20, 1988, Berry Gordy, Jr., was inducted into the Rock V Ro… Herb Alpert, Trumpeter, composer, producer, record company ...

34 Country Music Label Nashville - Labels Information List

Polygram buying Motown Records - Variety Boston Ventures and MCA Inc. had purchased 88% of the company for an estimated $ 61 million in 1988 from founder Berry Gordy Jr., with Boston Ventures purchasing MCA's 17% share of Motown ...

Motown Classic Vinyl Label | Releases | Discogs

Can the new Motown recapture the old magic? - March 26, 1998 - CNN Motown is a label with a past -- 40 years' worth. ... The family feeling was altogether lost in 1988 when Gordy sold Motown to MCA and Boston Ventures for $61 million. ... Polygram bought Motown ...

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The End of an Era : Expected Sale of the Legendary Motown Label Stirs ... The End of an Era : Expected Sale of the Legendary Motown Label Stirs Some Bittersweet Emotions By PAUL GREIN June 11, 1988 12 AM PT The report that Motown Records is in the process of being sold...

31 Label That Bought Motown In 1988 - Labels Design Ideas 2020

The Motown Story - Classic Motown DETAIL: It is almost 60 years since the son of a plasterer, Berry Gordy Jr., began building what grew into an astonishing hit factory and the most-recognized record company of the 20th century.He did this in America's heartland, away from its traditional music capitals, but the iconic map of Detroit printed in the center of almost every Motown 45 was more than a lesson in geography.

33 Label That Bought Motown In 1988 - Labels Database 2020

THE MEDIA BUSINESS; Polygram Records to Buy Motown Polygram, partly owned by Philips Electronics N.V. and partly by the public, has already acquired both Island Records and Virgin Records. Mr. Gordy will remain as chairman and Jheryl Busby, who has...

Recreating that Motown Sound

The Musical Legacy Of Motown Records - Mental Itch In 1988, Berry Gordy was resigned to sell his ownership in Motown to Boston Ventures and MCA Records for $61 million. The following year, Gordy had to sell Motown Productions as well, and did so to Motown executive, Suzanne de Passe. She renamed the company to "de Passe Entertainment" which still continues TV/film operations to this day.

Webquest - The history and impact of motown Records during the 1960s

Motown — Google Arts & Culture Following the events of the Detroit Riots of 1967, and the loss of key songwriting/production team Holland-Dozier-Holland that year over pay disputes, Gordy moved Motown to Los Angeles, California....

Motown as a musical

Honoring the Musical Legacy of Motown Records - AARP As for the label itself, Gordy sold it to MCA and Boston Ventures in 1988 for $61 million. He fretted that he had set his price too low, and that proved true. Polygram bought it for nearly five times that, $301 million, in 1993. Today the label is modest in size, part of the giant Universal Music Group.

MCA

How Motown Got Its Groove Back - Rolling Stone The label's refusal to adapt hurt profit margins, which led to its acquisition by a series of parent companies - first MCA in 1988, and then Polygram, which announced its plans to buy Motown ...