Gotee Records Now Fully Independent
March 31, 2008 at 10:42 AM (PT)
GOTEE RECORDS is now a fully independent record company after buying back EMI CHRISTIAN MUSIC GROUP's (EMI CMG) minority stake in the label. The 14-year-old label is now positioned to refocus on artist development as well as become a hybrid publishing company via EMACK MUSIC.
"GOTEE RECORDS and EMACK MUSIC are moving forward in a proactive and strategic fashion, and we plan to re-calibrate ourselves for the new consumer we're now encountering in this business. Our next phase will obviously be heavily weighted on the digital market and how to engage that consumer," says GOTEE Pres./Co-founder JOEY ELWOOD.
One key element of this transition is a shift from configuration-based contracts to content-based contracts. The talent signed to the label will be constantly creating and releasing music, and in return the marketing will be ongoing.
Recording artists TOBYMAC (a.k.a. GOTEE CEO/Co-founder TOBY McKEEHAN) and DCTALK will remain on EMI CMG's FOREFRONT roster as recording artists and EMI CMG PUBLISHING will continue to administer their publishing catalogs. In addition, the two RELIENT K albums released on GOTEE/CAPITOL RECORDS, "MMHMM" and "Five Score and Seven Years Ago," will remain as part of EMI's catalog.