Maverick Records
From Free net encyclopedia
| Maverick Records | |||
| Image:Maverick records.png | |||
| Parent company | Warner Music Group | ||
| Founded | 1991 | ||
| Founder(s) | Freddy DeMann, Madonna, Ronnie Dashev | ||
| Distributing label | Warner Bros. Records (US) WEA (Outside the US) | ||
| Genre(s) | Various | ||
| Country | US | ||
| Web address | http://maverick.com/ | ||
Maverick Records is a record label owned by the Warner Music Group and distributed through Warner Brothers Records.
Contents |
Company history
Maverick Records was founded by Madonna, Frederick DeMann, Ronnie Dashev and Warner Bros. in 1991. The name of the label is derived from the first letters of her name (MAdonna VEronica) and the end of the name of her then-manager (FredeRICK DeMann). DeMann was bought out of the company for a reported $20 million in 1998, after which Guy Oseary increased his stake in the company and took control as Chairman and CEO. Maverick has had noted triumphs with acts like Candlebox, Alanis Morissette, and Michelle Branch.
In March 2004, Maverick filed suit against Warner Music Group and its former parent company, Time Warner Inc., claiming that mismanagement of resources and poor bookkeeping had cost the company millions of dollars. In return, Warner Music filed a countersuit, alleging that Maverick had lost tens of millions of dollars on its own. On June 14, 2004, the dispute was resolved when Maverick shares, owned by Madonna and Dashev, were purchased by Warner Bros. — which effectively exiled the two of them from the company as it was now a wholly owned subsidiary of Warner Bros. Oseary, meanwhile, remained CEO.
List of currently signed artists
- Alanis Morissette
- Clear Static
- Deftones
- Family Force 5
- the Finalist
- Jack's Mannequin
- John-Mark
- Lillix
- Mest
- Michelle Branch
- Mozella
- Oakenfold
- On the Record
- the Prodigy
- Story of the Year
- Stutterfly
- Tantric
- Team Sleep
- Tyler Hilton
- the Wreckers