Exceleration Music launches strategic partnership with landmark US indie label SideOneDummy Records
Makes investment in SideOneDummy back catalogue, now handling all financial and operational functions
Enhance and expands label’s output with dynamic new release programme
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Exceleration Music, a company formed to enhance the future of independent labels and artists, is launching a strategic partnership with influential Los Angeles-based indie label SideOneDummy Records.
Founded in Los Angeles in 1995 by Joe Sib and Bill Armstrong, SideOneDummy Records has been the launching pad for world-renowned alternative artists Flogging Molly, The Gaslight Anthem, and Gogol Bordello, as well as more recent signings Nahko and Medicine for the People, PUP, Jeff Rosenstock, Tolliver, Rozwell Kid and PÆRISH. The label also created and released the hugely successful annual Warped Tour Compilation series.
Under the deal, Exceleration is investing in SideOneDummy’s impressive back catalogue and will partner with SideOneDummy to enhance and expand the label’s output via a dynamic new release programme. SideOneDummy will continue to handle A&R for new recordings by the existing roster and will be actively signing and developing new artists. Exceleration will handle financial, operational, and administrative functions for the label. The Exceleration and SideOneDummy teams will also collaborate on marketing initiatives designed to build upon the label’s impressive legacy.
This deal sees SideOneDummy join a fast-growing roster of investments and partnerships from Exceleration Music. The company recently announced the acquisition of maverick indie label Bloodshot Records, as well as an alliance with the estate of the late Justin Townes Earle. Exceleration owns the venerable jazz label Candid Records and has partnered with legendary Chicago label Alligator Records (celebrating its 50th anniversary this year), as well as the renowned Ray Charles Foundation, with which they launched the recent True Genius physical and digital campaign.
Exceleration partner Amy Dietz said, “I have had the pleasure of working, in various capacities, with SideOneDummy since not long after they launched. As a fan of their label and their artists I’ve proudly watched them develop into a true force in the indie label landscape. Being a part of that journey and seeing their unique music and culture develop makes this a particularly meaningful partnership. To now have the opportunity to work with the SideOneDummy team on the next phase of the label’s journey is a privilege. I’m looking forward to what’s to come!”
Exceleration partner Glen Barros commented, “SideOneDummy is a true indie success story. Bill and Joe have established an incredible legacy, mainly by being true to the music, the artists, and their values. It’s an honor for us to now have an opportunity to work alongside the SideOneDummy team as we build upon that legacy and strive to elevate this fantastic music and label to new heights.“
SideOneDummy co-founders Bill Armstrong and Joe Sib said of the deal, “We have had the pleasure of working closely with Amy, Dave and Charles on a wide variety of successful projects over the years. We couldn’t be more thrilled to have the opportunity to continue those relationships. Glen and each partner of Exceleration has decades of experience in independent music. They have assembled an incredible team. We are fortunate to be in such great company”.
About Exceleration Music
Exceleration Music is a company formed by global music industry leaders Glen Barros, Amy Dietz, John Burk, Dave Hansen and Charles Caldas to invest in the future of independent labels and artists. Exceleration offers personalized solutions to entrepreneurs seeking capital to achieve growth as well as those trying to achieve liquidity or an honorable exit. The company’s growing team of data, sales and marketing experts works to preserve and enhance the legacies of both the entrepreneurs and their artists alike. To date, Exceleration has strategic relationships with Alligator Records, Candid Records, Bloodshot Records and the Ray Charles Foundation. Learn more at www.excelerationmusic.com.
Source Name PR
January 7, 2022 9:44am ET by Name PR