![]() ![]() Nirvana had ushered in the alternative revolution. In a 1997 article in Rolling Stone, David Wild wrote: "Interscope's start-up coincided with a period of incredible change in the music world. After a series of negotiations led by David Geffen, they came to an agreement, and in 1990, Interscope Records was founded as a joint venture with Atlantic Records. ![]() Iovine and Field were introduced by Paul McGuinness, then U2's manager. I always liked the part of the business that's the first time you hear something, and I knew I wasn't in that business anymore." "'Young bands aren't going to be asking for me.' But I love working with the new thing. "I thought, 'Music is going to change,'" Iovine said in 1997. Separately, Iovine, who had produced records for U2, Bruce Springsteen, Stevie Nicks, and John Lennon, among others, was trying to raise money to start a label. To run it, he hired John McClain, who had played a central role in Janet Jackson's success at A&M Records, and Tom Whalley, who had been the head of A&R at Capitol Records. In mid 1990, Ted Field began to build Interscope Records as a division of his film company, Interscope Communications. History 1990–1995: Origins, early success, and joint ventures Dre, DaBaby, Billie Eilish, Imagine Dragons, Olivia Rodrigo, Selena Gomez, Playboi Carti, Kendrick Lamar, Lana Del Rey, Maroon 5, Moneybagg Yo, Gwen Stefani, Rae Sremmurd, Machine Gun Kelly, U2, Yungblud, Cuco, d4vd and others. Interscope's artist roster includes 2Pac, Eminem, Lady Gaga, OneRepublic, Dermot Kennedy, Blackpink, Dr. In 1996, 50% of the label was acquired for a reported $200 million by MCA Inc., later known as Universal Music Group. ![]() As a result, Time Warner, then the parent of Warner Music Group, severed ties with Interscope by selling its 50 percent stake back to Field and Iovine for $115 million in 1995. In 1992, Interscope acquired the exclusive rights to market and distribute releases from hardcore hip hop label Death Row Records, a decision that ultimately put the label at the center of the mid-1990s gangsta rap controversy. Chair and CEO until May 2014, Iovine was succeeded by John Janick. Interscope's first hit records arrived in under a year, and it achieved profitability in 1993. Founded in late 1990 by Jimmy Iovine and Ted Field as a $20 million joint venture with Atlantic Records of Warner Music Group and Interscope Communications, it differed from most record labels by letting A&R staff control decisions and allowing artists and producers full creative control. We are beyond excited to partner with YG in pursuit of their vision for BLACKPINK world domination.”īLACKPINK were recently featured on Dua Lipa’s “Kiss and Make Up.Interscope Records is an American record label based in Santa Monica, California, owned by Universal Music Group through its Interscope Geffen A&M imprint. “The music and visuals are so immediately striking and so different from anything else happening in pop music. “BLACKPINK are global superstars in the making,” commented John Janick, chairman and CEO of Interscope Geffen A&M. She recently reignited hope, however, by sharing a video earlier this year to Instagram with Braun proclaiming that it is “time” for her music to come out. In the past, YG artists have aimed to break into the U.S, including Se7en, Psy and CL, but haven’t been able to achieve longevity in the market. Both of the latter two artists signed with Scooter Braun for Stateside representation, but Psy has since left YG, while CL saw only one song, “Lifted,” break into the Hot 100 in 2016, despite several years of anticipation. “We look forward to building upon BLACKPINK’s remarkable early success by putting the global resources and expertise of UMG behind them and growing their audience around the world.” I’m thrilled to expand our relationship with YG through the addition of BLACKPINK to the Interscope family,” said Sir Lucian Grainge, chairman and CEO of Universal Music Group. “Chairman Yang has built YG Entertainment into a global music powerhouse with an impressive track record of breaking artists. This year saw them headline their first arena tour in Japan, which will end with their first dome-sized performance in Osaka in December. Despite their historic success over the past two years through the releases of their singles, Square Up is the act’s first EP and they currently have released fewer than 10 songs. The group was formed under YG and debuted in 2016 with the singles “Whistle” and “Boombayah” to great popularity. BLACKPINK is innately a globalized act, with only one member, Jisoo, raised in South Korea: Lisa is Thai, Rosé was born in New Zealand and raised in Australia, and Jennie grew up in New Zealand. ![]()
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