Purchase allows label to beef up roster
NEW YORK — Zomba Recording Corp./Jive Records has acquired Santa Monica-based indie label Mojo Records as part of an ongoing push to diversify its artist roster and beef up its catalog offerings.
The purchase gives Zomba, best known for its pop powerhouse imprint Jive Records, such perennial ska-punk favorites as Goldfinger and Reel Big Fish.
Mojo is home to swing revivalists the Cherry Poppin’ Daddies, whose 1997 album “Zoot Suit Riot” went double platinum.
“Mojo has developed an array of credible, commercially successful artists who have succeeded by building fans through the traditional, painstaking, foolproof method of relentless touring,” Jive Records prexy Barry Weiss said. “This has led to very strong career foundations that we hope to build upon.”
Financial terms of the deal weren’t disclosed.
Mojo’s roster adds to Zomba’s burgeoning lineup of acts outside the teen-pop arena, which already includes Volcano Records artists Tool and 311 as well as gospel stars Michael W. Smith and Donnie McClurkin on the Verity Records label.