Tide goes all out at Universal music

Competition in country music leads to label closure

Citing a “recent proliferation of new Nashville labels,” Universal Music Group on Tuesday shuttered Rising Tide Records, the Music City outpost of the Doug Morris/Mel Lewinter-led label. The pair bowed the new label, topped by Ken Levitan, before becoming chieftains of UMG.

The constriction of the country music marketplace was also cited as a factor for the cost-cutting move.

Some acts on the roster, which boasts Dolly Parton and Nitty Gritty Dirt Band, among others, will be shuttled to MCA Nashville/Decca Records. The shift allows for a concentration of manpower and resources through one label system.

The closure mirrors similar shifts by other Nashville-based labels.

Arista Nashville recently shuttered sister label Career Records in response to the highly competitive marketplace and shrinking number of airplay slots doled out by country radio programmers.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Music News from Variety

Loading