Steve Barnett (music executive)

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Steve Barnett (Born February 19, 1952 Wolverhampton, England) is the Chairman & CEO of Capitol Music Group.[1]

Early career[edit]

Barnett began his music career as an agent in London in 1970, working for the Bron Agency (Gerry Bron) and dealing with legendary bands such as Colosseum and Uriah Heep. He became an agent for NEMS Enterprises, the company originally formed by legendary Beatles manager Brian Epstein. While there from 1972 to 1974, Barnett represented artists such as Elton John, Black Sabbath and Deep Purple. He would briefly manage Rough Diamond in 1977, a short lived British band that featured David Byron (ex Uriah Heep), Dave Clempson (ex Colosseum) and Geoff Britton (ex Wings). In 1980 he became a manager and partner in the UK artist management firm Part Rock, where his clients included AC/DC, Cyndi Lauper, Foreigner, and Gary Moore, among other artists. In 1988 he established Part Rock's U.S. company, Hard to Handle Management, where he served as President.

Epic Records[edit]

Barnett joined Epic Records in 1996 as Senior Vice President International, was named Senior Vice President Worldwide Marketing for the label in 1997, then Executive Vice President/ General Manager in 2001. He was named President of Epic in 2004. At Epic Barnett took a key role in marketing artists including Pearl Jam, Audioslave, Shakira, Jennifer Lopez, Franz Ferdinand, Modest Mouse, Good Charlotte and Natasha Bedingfield.

Columbia Records[edit]

In December 2005 he was named Chairman of Columbia Records, with responsibility for overall management of the label.[2] During his tenure, Columbia's marketshare rose consistently, resulting in a 50% increase in current marketshare between 2009 and 2012 and attaining the #1 slot among all labels in 2011 and 2012.[3]

Barnett has presided over successful campaigns for Adele, Beyoncé, John Mayer, Jack White, The Shins, One Direction, Maxwell, Foster the People, J. Cole, AC/DC, Susan Boyle, soprano prodigy Jackie Evancho and the marketing and release of the Glee soundtracks. He has also overseen critically acclaimed and commercially successful albums by artists including Bob Dylan, Bruce Springsteen, Barbra Streisand, Neil Diamond, Celine Dion and Harry Connick Jr.

U.S. sales for Adele's 21 are approaching 10 million, which will mark the first time that an album has reached the RIAA Diamond plateau since Usher's Confessions, which was released in 2004 and Diamond certified in July, 2012.[4]

Barnett was instrumental in bringing AC/DC to Sony Music, where the band achieved the label's biggest first-week sales figure in its history when it sold more than 784,000 copies of Black Ice in 2008.[5] The band has since sold over 38 million albums worldwide.

This period also saw Bob Dylan score back-to-back #1 albums with Modern Times and Together Through Life, as well as Neil Diamond receiving the first #1 album in his career with the release of Home Before Dark. During this time, Barbra Streisand set the record as the only artist to achieve a #1 album in ever decade from the 1960s through the 2000s with her album, Love Is the Answer.

Capitol Music Group[edit]

In November 2012 Barnett became Chairman & CEO of the Capitol Music Group.[1] On April 18 in the Hollywood Reporter, one of Capitol's top artists, Katy Perry, said of Barnett, “It's nice to have a head in there who knows what the f---k they’re doing....He’s an incredible boss.” [6]

In October, 2013, Capitol Music Group was named by Billboard Magazine as the 5th biggest label in terms of overall marketshare, with the label building on new releases from Arcade Fire, Bastille, Capital Cities, its development of the UK's Emeli Sande' and, as Billboard wrote, "[Capitol's] future belongs to new acts like Tori Kelly and Naughty Boy, gospel breakouts Mandisa and Chris Tomlin, and still-building new albums from career acts Elton John and Rod Stewart.[7]

Barnett broadened the company's portfolio of labels in 2013, inking high-profile deals with greatly-admired creative figures such as T Bone Burnett (Electromagnetic Recordings), RedOne (2101 Records) and Troy Carter (Atom Factory), as well as a partnership with Arcade Fire for that band's Reflektor album.

In October 2013, it was announced that Beck signed to Capitol Records and plans to release a new album called Morning Phase in February 2014.[8]

On October 29, 2013, Arcade Fire performed 12 songs on top of the Capitol Records building in celebration of the release of their Reflektor album. The show, presented by MTV Iggy and Intel's Music Experiment 2.0, was held for a crowd of contest winners, most clad in their interpretation of the dress code "Be A Reflektor." The show caused shutdowns over several major streets in Hollywood during rush hour, revealing Arcade Fire's sizable power in the music industry.[9]

On January 21, 2014, Barnett announced the signing of Neil Diamond to a long-term recording agreement with Capitol Records. The historic contract united Diamond's complete Columbia, UNI/MCA and Bang catalogues of recorded music for the first time, encompassing the artist's entire body of recorded work.[10]

On July 24, 2014, Capitol signing Sam Smith made U.S. pop music history when his debut album In The Lonely Hour sold more copies in its first week of release - 166,000 - than any other debut album by a UK male artist in the 23-year history of Soundscan. The album entered the Billboard Top 200 Albums chart at #2.[11]

Capitol Recording artists 5 Seconds Of Summer became the first Australian artists to enter the Billboard Top 200 Albums chart at #1 with its first full-length album on July 30, 2014. The band's self-titled debut album sold 259,000 copies in its first week of release, achieving the third largest weekly sales tally of the year, to date.[12]

Capitol Records Tower[edit]

In December, 2013, Barnett completed a year-long renovation of the Capitol Records Tower in Hollywood, California. "This is probably the greatest entertainment office in the world, so why wouldn't you make it look great?" Barnett said of the formerly drab gray floors stacked with dated file cabinets and clunky doors. Today, all 13 stories feature glass. "I want it to be open," he adds. "I want people to see that we're here, so there's lots of glass and light."[13]

Universal Music Group Chairman Lucian Grange commented on the building's renovation and the company's turnaround, "When we acquired Capitol, we made a commitment -- both to the artist community and to the industry -- that we would revive this once-great label," he says. "We committed to reverse its years of suffering from under-investment; to provide it the kind of leadership it needs and deserves. Looking at Capitol today, I am enormously proud to see what Steve and his team are doing to return this iconic company to its prior greatness. ... The building is buzzing."[13]

References[edit]

  1. ^ a b Steve Barnett to lead Capitol Music Group
  2. ^ "Steve Barnett Named Chairman, Columbia Records". FMQB. Dec 2, 2005. Retrieved Oct 23, 2012. 
  3. ^ "Columbia COO Steve Barnett in Line to Head Up Universal's New Capitol Label Group: Source". Billboard Magazine. Oct 5, 2012. Retrieved Oct 23, 2012. 
  4. ^ "Albums Can Top 10 Million In Sales, Eventually". USA Today. July 18, 2012. Retrieved Oct 23, 2012. 
  5. ^ "Sony's Barnett Gets His Due". New York Post. December 2, 2009. Retrieved Oct 23, 2012. [dead link]
  6. ^ Katy Perry on Her 'Schizophrenic' New Album, Humble Start: 'It Was Stripping or The Matrix'
  7. ^ [1]
  8. ^ http://pitchfork.com/news/52801-beck-announces-new-album-morning-phase-signs-to-capitol-records/
  9. ^ Zemler, Emily (October 30, 2013). "Arcade Fire Rocks From the Top of Capitol Records". The Hollywood Reporter. 
  10. ^ Staff, Billboard (January 20, 2014). "Neil Diamond Signs With Capitol Records (Exclusive)". Billboardbiz. 
  11. ^ Forman, Olivia (June 25, 2014). "Sam Smith Sings His Way To U.S. Sales Record". Spin. 
  12. ^ Grein, Paul (July 30, 2014). "Chart Watch: 10 Facts About 5 Seconds Of Summer". Yahoo News. 
  13. ^ a b Halperin, Shirley. "Inside Capitol Records' Newly Redesigned Digs (Exclusive)". The Hollywood Reporter. 

External links[edit]

Preceded by
first
Chairman & Chief Executive Officer of Capitol Music Group
November 2012-present
Succeeded by
incumbent