Geffen Records (formerly The David Geffen Company from 1980 to 1992 and Geffen Records Inc. from 1993 to 2004) is an American record label owned by Interscope Geffen A&M (IGA), a division of the Interscope Capitol Labels Group, which is owned by Universal Music Group. It was founded in 1980 by David Geffen, as a music subsidiary of his then film company Geffen Pictures, with financial and distribution support from Warner Bros. Records.
In 1990, the label was sold to MCA Music Entertainment, which later became part of Universal Music Group (UMG) through acquisitions by Panasonic and Seagram. Since its merger into the Interscope Geffen A&M group in 1999, Geffen has served as a syndicate label within Interscope Records, expanding its catalog through the absorption of other imprints. It has operated as a key platform for new releases, especially following its 2003 expansion and 2017 relaunch. As of 2024, Geffen is part of Universal Music Group's Interscope Capitol Labels Group.
History
Formation (1980–1990)
Geffen Records began operations in 1980. It was created by music industry businessman David Geffen[1] who, in the early 1970s, had co-founded Asylum Records with Elliot Roberts. Geffen stepped down from Asylum in 1975, when he crossed over to film and was named a vice president of Warner Bros. Pictures. He was fired from Warner c. 1978, but still remained locked in a five-year contract, which prevented him from working elsewhere. When that deal expired, he returned to work in 1980 and struck a deal with Warner Bros. Records (now simply Warner Records, due to the label's disassociation from Warner Bros. Pictures in 2004),[2][3] to create Geffen Records.[4] Warner Bros. Records provided 100 percent of the funding for the label's start-up and operations, while it distributed its releases in North America, with CBS's Epic Records handling distribution in the rest of the world until 1985 when Warner Music Group
The label released Double Fantasy by John Lennon and Yoko Ono. Two weeks after it entered the charts, Lennon was murdered in New York City.[7][8] Subsequently, the album went on to sell millions and gave Geffen its first number-one album and single; the rights to the album would later be taken over by EMI, which eventually would be absorbed by Geffen's then-future parent, Universal Music Group in 2012.[9][10]
As the mid-1980s progressed, Geffen would go on to have extended success with such acts as Asia, Berlin, Enya, Kylie Minogue, Quarterflash, Wang Chung, and Sammy Hagar. The label also signed several established acts such as Elton John, Irene Cara, Cher, Debbie Harry, Don Henley, Joni Mitchell, Neil Young, Peter Gabriel, and Jennifer Holliday. Toward the end of the decade, the company also began making a name for itself as an emerging rock label, thanks to the success of Whitesnake (U.S. and Canada only), The Stone Roses, Guns N' Roses, Tesla, Sonic Youth and the comeback of 1970s-era rockers Aerosmith. This prompted Geffen to create a subsidiary label, DGC Records (formerly the David Geffen Company), in 1990; which focused on more progressive rock and would later embrace the emergence of alternative rock—Nirvana being an example.[11] Geffen also briefly distributed the first incarnation of Def American Recordings (now simply American Recordings) through Warner Music Group from 1988 to 1990.
Acquisitions by MCA, Panasonic, and Seagram and departure of David Geffen (1990–1998)
After nearly a decade of operating through WMG, its contract with the company ended. Geffen was then sold to MCA Music Entertainment, by then, a label division of the now-defunct MCA Inc. in 1990.[12] The deal earned founder David Geffen an estimated US$800 million in stock and an employment contract that ran until then. Following the sale, Geffen Records operated as one of MCA's leading independently managed labels. A year later, MCA was acquired by Japanese conglomerate Matsushita Electric (now Panasonic), bringing Geffen, Universal Pictures and other sister companies along.[13] The acquisition was completed on New Year's Day 1991 for US$6.6 billion.[14]
Geffen stepped down as head of the label in 1995 to collaborate with former Walt Disney Studios chairman
PolyGram merger and Interscope Geffen A&M (1999–2003)
On December 10, 1998, Seagram completed its seven-month $10.6 billion plan to acquire PolyGram. As a result, PolyGram's music division was merged into Universal Music Group.[23][24] Geffen now became sister labels to A&M Records, Island Records, Mercury Records, Def Jam Recordings and Motown (which had previously been a part of UMG during its preceding MCA days from 1988 to 1993). In the ensuing months, a number of corporate reshufflings occurred,[25] resulting in Geffen and A&M, on New Year's Eve 1998, being merged into Interscope Geffen A&M Records.[26]
MCA, DGC and DreamWorks Records merger (2003)
Geffen continued to do steady business—even within 2003, UMG folded MCA Records into Geffen that July.[30][31] Though Geffen had been substantially a pop-rock label, its absorption of MCA (and its back catalogs) led to a more diverse roster; with former MCA artists such as Mary J. Blige, The Roots, Blink-182, Rise Against, and Common now being transferred to the label. Meanwhile, DreamWorks Records, in October, also folded, with its artists roster, consisting of Nelly Furtado, Lifehouse and Rufus Wainwright, being absorbed by Geffen as well.[32][33] The absorption occurred following a reorganization at DreamWorks Pictures, which resulted in DreamWorks Animation being divested and DreamWorks Records being acquired by UMG.
Continued success (2003–2009)
As the mid-2000s progressed, Geffen's absorption of the MCA, DGC and DreamWorks labels, along with the signage of new acts such as Ashlee Simpson, Angels & Airwaves and Snoop Dogg, had boosted the company to the extent that it began gaining equal footing with the main Interscope label, leading some industry insiders to speculate that it could revert to operating as an independently managed imprint at UMG again.[37] In 2006, musician Ron Fair was named the chairman of Geffen.[37] That same year, after disputes with Interscope co-founder Jimmy Iovine (at the time, the chairman and CEO of Interscope Geffen A&M, parent unit of Geffen), former labelmates 50 Cent and Dr. Dre, rapper The Game was dismissed from G-Unit Records and Interscope division imprint Aftermath Entertainment (the respective labels of the aforementioned latter two), but was later transferred to Geffen to avoid contractual obligations with G-Unit.[38] His sophomore studio album (also his first under the label), Doctor's Advocate
Relaunches (2011–2017)
Interscope Geffen A&M chairman and CEO Jimmy Iovine relaunched Geffen in 2011, moving its headquarters from Santa Monica to New York City. Former manager of Kanye West, Gee Roberson, was appointed chairman.[45] However, in late 2013, the label went idle with a majority of Geffen's artists now recording under Interscope.
On May 28, 2014, Iovine departed from Interscope Geffen A&M as its chairman and CEO and hired Fueled by Ramen co-founder John Janick as his replacement.[46][47][48]
In March 2017, Neil Jacobson was appointed president of Geffen Records to oversee the second relaunch of the label via new signings as well as reinvigoration of the label's legendary catalog.[49]
Neil Jacobson's departure and 2020s success (2019–present)
In 2018, Interscope musician DJ Snake was drafted to Geffen to release his second studio album, Carte Blanche, which commenced on July 26, 2019. Its single, "Taki Taki", went on to accumulate four million equivalent units in the United States and peak at number one on Billboard's Hot Latin Songs chart.[52][53]
In December 2019, Neil Jacobson vacated his position as the president of Geffen, leaving to start his own company, Crescent Drive Productions.[54] The following month to a new year, in mid-January 2020, Lee L'Heureux was appointed the general manager of Geffen.[55] The label then started to see more success from artists Rod Wave, Lil Durk, Yungblud and Hotboii (the former two were signed to Geffen through Todd Moscowitz's Alamo Records).
Labels
- HYBE
- Big Hit Music (BTS's Korean releases only)
- Source Music
- Belift Lab
- Pledis Entertainment
- KOZ Entertainment
- ADOR
- HYBE × Geffen (KATSEYE)
- Cinematic Music Group
- Downtown Records
- Rebel Music
- Simple Stupid Records
- GoodTalk
Artists
Current artists
- 4TUNAT (FlyTown/Geffen)
- Abby Jasmine (Cinematic Music Group/Geffen Records; distribution formerly licensed to Foundation Media)
- Ado (Virgin Records/Geffen)
- Alesso (10:22PM/Geffen)
- Ann Marie
- BoyNextDoor (Hybe – KOZ/Geffen; distribution in the US)
- Braden Bales
- BTS (Hybe – Big Hit/Geffen; distribution in the US)
- Byron Messia
- Camila Cabello (Geffen/Interscope
See also
- Geffen Records discography
- John Kalodner
- List of record labels
External links
- - Geffen Records is included within the Interscope site and is part of Interscope-Geffen-A&M
References
- Tom King, The Operator: David Geffen Builds, Buys, and Sells the New Hollywood, pp. 303–307, Broadway Books (New York 2001).^
- Jem Aswad. Warner Bros. Records Rebrands as Warner Records Variety, 2019-05-28, retrieved 2024-02-13^
- Jeff Leeds. Warner Music sale paves way for shake-up Los Angeles Times, 2004-03-01, retrieved 2024-02-13^