Glassnote Records, the Gotham-based indie home of Mumford & Sons, Phoenix and Childish Gambino, has signed a global distribution deal with label giant Universal Music Group, the two companies announced today. Financial terms of the agreement were not disclosed.
UMG’s distribution wing UMGD will handle Glassnote releases domestically, while Caroline will take on most of the label’s releases in all international territories save for Australia, New Zealand and South Africa. In addition to the distribution agreement, Glassnote also announced the launch of a new label-support affiliate company dubbed Resolved, which is also to be distributed through UMG.
Founded in 2007 by former Chrysalis Records exec Daniel Glass, Glassnote was previously distributed through UMG competitor Sony’s RED Distribution. Boasting an indie rock-heavy roster including Chvrches, Two Door Cinema Club and Oberhofer, the label’s rep was goosed in recent years by the album of the year Grammy win for Mumford & Sons’ “Babel,” which also notched the label its first No. 1 album.
(In Mumford’s case, much of its international distribution was previously handled by UMG affiliate Island Records UK, which will continue to do so.)
As UMG chairman and CEO Lucian Grainge noted in a statement, “Daniel Glass is, quite simply, one of the most successful label entrepreneurs of the last decade. He represents the kind of innovation and creativity that defines who we are and who we aspire to be as an organization, and we’re looking forward to many years of collaboration and growth together.”