Not to be confused with Network Records.
|Nettwerk Music Group|
|Founder||Terry McBride, Mark Jowett, Ric Arboit, Dan Fraser|
|Genre||Alternative rock, indie rock, electronica|
|Country of origin||Canada|
Los Angeles, California New York, New York London, U.K. Hamburg, Germany
Nettwerk Music Group is the umbrella company for Nettwerk Records, Nettwerk Management, and Nettwerk One Publishing.
Established in 1984, the Vancouver-based company was originally created by Nettwerk principals Terry McBride, Mark Jowett, Ric Arboit and Dan Fraser, as a record label to distribute recordings by the band Moev, but the label expanded in Canada and internationally.
Initially specializing in electronic music genres such as alternative dance and industrial, the label also became a powerful player in pop and rock in the late 1980s and 1990s, with label and management clients including Coldplay, Sarah McLachlan, Dido, and Barenaked Ladies.
They'd spend time at his small apartment with friends such as the members of the electro-industrial band Skinny Puppy, and soon he and Jowett starting putting out their records, along with Moev's and The Grapes of Wrath.
McBride had previously started a label, Noetix, and though it did not get off the ground, he and Jowett were willing to give the record business another try.
The company officially opened its doors in 1985.
It piqued the attention of Capitol Records, and paved the way for a distribution deal for the band and Nettwerk as a label.
At a show in Halifax, McBride met nineteen-year-old singer-songwriter named Sarah McLachlan – he'd been introduced to her music through Jowett, and tried to recruit her to front Moev.
Her parents initially rejected the idea, saying she was too young, but by then she had her moved out of her parents home and rented an apartment down the street while in her first year of art school.
McBride offered McLachlan a five-record deal, and she agreed, saying “Ok.
Lilith Fair was initially McLachlan's idea; she was tired of the standard touring, and wanted to do something different, something inventive.
It was a success, and the next summer they launched a touring version – it grossed $16 million, a large portion of which was donated women's charities.
Nettwerk then signed Barenaked Ladies, at the time viewed as a novelty act.
They have since gone on to sell over 10 million albums.
Avril Lavigne was sixteen when she walked into the Nettwerk offices; Arista had sent her to McBride, hoping to figure out what to make of her.
Though Lavigne would release her records through Arista, she continued with Nettwerk for her management.
It was around this time that the label entered into an agreement with EMI that allowed Nettwerk to pursue the company's rejected material – one of which was a record called Parachutes by the band Coldplay.
Nettwerk released the album in Canada and the United States in 2000.
Nettwerk embraced new digital formats.
McBride studied reports showing the sea change in fan preference, and realized that he'd rather cater to the growing MP3 culture rather than work against it.
In 2005, Nettmusic became one of the first major music companies to sell MP3s free of DRM (digital rights management), and supported the consumer case in the battle against the Recording Industry Association of America.
Nettwerk has offered to pay the legal fees of a teenager in Texas who is being sued for downloading songs.
At the same time, Nettwerk continued to focus on other new, innovative and both artist-and-fan friendly models.
McBride conceived of a concept he called "collapsed copyright", set to revolve around a new business model that empowered artists themselves and not just the corporations.
The premise allowed artists to release music under their own label (therefore retaining the intellectual property), marketed and promoted through Nettwerk.
On June 9, 2010, Nettwerk announced that for its distribution and marketing in the United States, it would depart from Sony Music and its catalogue would now be distributed by WMG's Alternative Distribution Alliance.
In 2013, Nettwerk raised $10.25 million in equity financing to sign artists and purchase catalogs.
In July, 2016, Nettwerk sold its publishing catalog to KobaltInvestment Fund, an independent investment fund established in 2011.
In September 2017 Nettwerk Records announced that The Ballroom Thieves joined the label roster.
In 2008, Nettwerk founder Terry McBride revived a retired sub-label of Nettwerk called Nutone Records, with the objective of releasing devotional, chant and world music.
He also launched a chain of wellness centers in Canada called YYoga.
Credits to the contents of this page go to the authors of the corresponding Wikipedia page: en.wikipedia.org/wiki/Nettwerk.