300 Entertainment

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300 Entertainment
300 Entertainment.png
Founded 2013
Founder Lyor Cohen
Kevin Liles
Todd Moscowitz
Status Active
Distributor(s) Atlantic Records
Country of origin United States
Location New York City, U.S.
Official website threehundred.biz

300 Entertainment is an American independent[1] record label founded by industry veterans Lyor Cohen, Kevin Liles and Todd Moscowitz. The label is distributed by Atlantic Records.[2] The intent is to develop and run a smarter, nimbler, more efficient music company that uses fewer resources than major labels in order to do more for the artists. The label currently includes Young Thug, Migos, Eric Bellinger, Alex Winston, Jacquie Lee and Panama, among others.[3]

Company history[edit]

Cohen resigned as chairman and chief executive officer of Warner Music Group’s recorded music operation to start 300 with Todd Moscowitz, ex-Warner Bros president, and Kevin Liles, ex-EVP Warner Music. All three had also worked together at Def Jam, which Cohen ran in the '80s and '90s. The idea is to better align cost structure to the industry’s current needs, where many new artists are naturally entrepreneurial by marketing and building buzz themselves on platforms like YouTube, Twitter and Instagram.

It was announced on March 26, 2014, that singer Eric Bellinger signed to 300 Entertainment.[4] In April 2014, Atlantic Records A&R DJ Drama stated that Atlanta rapper Young Thug was signed to 300 Entertainment,[5] which was also confirmed two months later by Kevin Liles.[6] In June 2014, it was revealed that Atlanta hip hop group Migos were also signed to the label.[7]

Partnerships[edit]

Funding[edit]

The company is getting backing from a wide range of investors; Google (which has put in around $5 million), investment firm Columbus Nova, Israeli-American hedge fund billionaire Noam Gottesman’s Toms Capital, former Warner Music digital chief Alex Zubillaga, Kemado Records' co-founder Andres Santo Domingo and several other investors who have declined to be identified. The investment agreements were pulled together by veteran media investment banker Aryeh Bourkoff and Ori Winitzer of LionTree.[8]

Twitter[edit]

In February 2014, 300 signed a deal to partner with Twitter that will allow 300 full access to the company’s data—including information that’s not available to the public, such as tags that reveal the location from which a tweet was sent—to create new innovative A&R tools in order to discover artists at an early stage and help develop them.[9]

Artists[edit]

Act Year signed Releases under 300
Alex Winston N/A 0
ASTR N/A 1
Conrad N/A 0
Derek King N/A 0
Panama N/A 0
Jacquie Lee[10] 2014 0
Raz Simone[11] 2014 0
Eric Bellinger 2014 0
Young Thug 2014 0
Migos 2014 0

References[edit]

External links[edit]