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State a reason regarding the shutdown of Ingrooves.
 
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{{Infobox company
{{Infobox company
| name = Ingrooves Music Group
| name = Ingrooves Music Group
| logo = File:Ingrooves logo.jpg
| logo = File:Ingrooves Music Group Wordmark.png
| logo_size =
| logo_size =
| type = Music distribution, [[analytics]], rights services, marketing and technology
| type = Music distribution, [[analytics]], rights services, marketing and technology
| foundation = 2002
| foundation = 2002
| defunct = {{End date|2023|10|19}}
⚫
| founders = Robb McDaniels, Adam Hiles, Matthew Burns
| fate = Folded into [[Virgin Music Group]]
| successor = [[Virgin Music Group]]
⚫
| founders = [[Robb McDaniels]], Adam Hiles, Matthew Burns
| location = [[Los Angeles]], [[California]]
| location = [[Los Angeles]], [[California]]
| key_people =
| key_people =
| revenue =
| revenue =
| num_employees =
| num_employees =
| parent = [[Universal Music Group]]
| parent = [[Virgin Music Group]]
| homepage = {{url|Ingrooves.com}}|
| homepage = {{URL|Ingrooves.com}}|
}}
}}


'''Ingrooves Music Group''' is a global independent music marketing service and distribution company which provides custom services for artists and independent record labels, owned by [[Universal Music Group]]. The company's three divisions include distribution services, rights management services, rights removal, and artist services. They utilize proprietary distribution systems and maintain a focus on analytics and reporting technologies,<ref name=Forbes>{{cite news|last1=Greenberg|first1=Zack O' Malley|title=Ingrooves: Proof You Can Make Money On Music, Even If You're Not Apple|url=https://www.forbes.com/sites/zackomalleygreenburg/2012/04/20/ingrooves-proof-you-can-make-money-on-music-even-if-youre-not-apple/|access-date=12 March 2015|work=Forbes|date=May 7, 2012}}</ref><ref name=Christman>{{cite news|last1=Christman|first1=Ed|title=INgrooves Launches Music Publishing Services Company, Olivier Chastan To Run (Exclusive)|url=http://www.billboard.com/biz/articles/news/digital-and-mobile/3362346/ingrooves-launches-music-publishing-services-company|access-date=12 March 2015|publisher=Billboard|date=July 19, 2013}}</ref><ref name="proprietary">{{cite news|last1=Morris|first1=Christopher|title=INgrooves acquires Fontana Distribution|url=https://variety.com/2012/music/news/ingrooves-acquires-fontana-distribution-1118051010/|access-date=12 March 2015|publisher=Billboard|date=March 2, 2012}}</ref> as well as their own platform that artists and labels can use to manage business.<ref>{{cite web |last1=Resnikoff |first1=Paul |title=After a Year On the Block, Universal Music Group Fully Acquires Ingrooves |url=https://www.digitalmusicnews.com/2019/02/12/universal-music-group-ingrooves/ |website=Digital Music News |access-date=10 June 2022}}</ref>
'''Ingrooves Music Group''' (sometimes shortened to '''Ingrooves''', and formerly stylized as '''INgrooves''') was a global independent music marketing service and distribution company which provided custom services for artists and independent record labels, owned by [[Universal Music Group]]. They used proprietary distribution systems and focused on analytics and reporting technologies,<ref name=Forbes>{{cite news|last1=Greenberg|first1=Zack O' Malley|title=Ingrooves: Proof You Can Make Money On Music, Even If You're Not Apple|url=https://www.forbes.com/sites/zackomalleygreenburg/2012/04/20/ingrooves-proof-you-can-make-money-on-music-even-if-youre-not-apple/|access-date=12 March 2015|work=Forbes|date=May 7, 2012}}</ref><ref name=Christman>{{cite news|last1=Christman|first1=Ed|title=INgrooves Launches Music Publishing Services Company, Olivier Chastan To Run (Exclusive)|url=http://www.billboard.com/biz/articles/news/digital-and-mobile/3362346/ingrooves-launches-music-publishing-services-company|access-date=12 March 2015|publisher=Billboard|date=July 19, 2013}}</ref><ref name="proprietary">{{cite news|last1=Morris|first1=Christopher|title=INgrooves acquires Fontana Distribution|url=https://variety.com/2012/music/news/ingrooves-acquires-fontana-distribution-1118051010/|access-date=12 March 2015|publisher=Billboard|date=March 2, 2012}}</ref> as well as their own platform that artists and labels used to manage business.<ref>{{cite web |last1=Resnikoff |first1=Paul |title=After a Year On the Block, Universal Music Group Fully Acquires Ingrooves |url=https://www.digitalmusicnews.com/2019/02/12/universal-music-group-ingrooves/ |website=Digital Music News |access-date=10 June 2022}}</ref>


==History==
==History==
Ingrooves was founded in San Francisco in 2002 by Robb McDaniels, Matt Burns and Adam Hiles.<ref>{{cite news |last1=Wilson |first1=Sara |title=Spin City |url=https://www.entrepreneur.com/article/186618 |access-date=21 March 2022 |publisher=Entrepreneur |date=1 December 2007}}</ref><ref name=MBW1>{{cite news |last1=Staff |title=Ingrooves Founder Robb McDaniels Quits Company After 13 Years |url=https://www.musicbusinessworldwide.com/ingrooves-founder-robb-mcdaniels-quits-company-13-years/ |access-date=21 March 2022 |publisher=Music Business Worldwide |date=22 December 2014}}</ref> As of 2015, the Ingrooves retail network included more than 600 services and storefronts.<ref name=SFBJ>{{cite news|last1=Wilson|first1=Lizette|title=Ingrooves: Virtual record label finds rhythm with indie artists|url=http://www.bizjournals.com/sanfrancisco/stories/2006/09/11/smallb1.html?page=all|access-date=12 March 2015|publisher=San Francisco Business Journal|date=September 6, 2006}}</ref><ref name="Buys Fontana">{{cite news|last1=Pham|first1=Alex|title=INgrooves buys Fontana Distribution from Universal Music Group|url=http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/03/ingrooves-fontana-distribution-universal-music-group.html|access-date=12 March 2015|work=Los Angeles Times|date=March 2, 2012}}</ref>
Ingrooves was founded in San Francisco in 2002 by [[Robb McDaniels]], Matt Burns and Adam Hiles.<ref>{{cite news |last1=Wilson |first1=Sara |title=Spin City |url=https://www.entrepreneur.com/article/186618 |access-date=21 March 2022 |publisher=Entrepreneur |date=1 December 2007}}</ref><ref name=MBW1>{{cite news |last1=Staff |title=Ingrooves Founder Robb McDaniels Quits Company After 13 Years |url=https://www.musicbusinessworldwide.com/ingrooves-founder-robb-mcdaniels-quits-company-13-years/ |access-date=21 March 2022 |publisher=Music Business Worldwide |date=22 December 2014}}</ref> As of 2015, the Ingrooves retail network included more than 600 services and storefronts.<ref name=SFBJ>{{cite news|last1=Wilson|first1=Lizette|title=Ingrooves: Virtual record label finds rhythm with indie artists|url=http://www.bizjournals.com/sanfrancisco/stories/2006/09/11/smallb1.html?page=all|access-date=12 March 2015|publisher=San Francisco Business Journal|date=September 6, 2006}}</ref><ref name="Buys Fontana">{{cite news|last1=Pham|first1=Alex|title=INgrooves buys Fontana Distribution from Universal Music Group|url=http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/03/ingrooves-fontana-distribution-universal-music-group.html|access-date=12 March 2015|work=Los Angeles Times|date=March 2, 2012}}</ref>


In 2008, [[Universal Music Group]] (UMG) selected Ingrooves's parent company, Isolation Network Inc., to digitally distribute all of its music in North America. Ingrooves and Mexican label [[DEL Records]] formed an online distribution agreement in 2010.<ref>{{cite news |last1=Ben-Yehuda |first1=Ayala |title=Del, INgrooves ink distribution pact |issue=Vol. 122, Issue 32 |publisher=Billboard |date=14 August 2014}}</ref> The investment firm [[Shamrock Holdings|Shamrock Capital]] purchased a majority stake in the company in 2010 for $20 million.<ref name=Forbes /><ref name=Billboard>{{cite news |last1=Christman |first1=Ed |title=INgrooves Up For Sale With $100M Price Tag: Sources |url=https://www.billboard.com/music/music-news/ingrooves-for-sale-100-million-price-8257467/ |access-date=23 March 2022 |publisher=Billboard |date=21 March 2018}}</ref> In 2012 Ingrooves took over [[Fontana Distribution]], which was owned by [[Universal Music Group]].<ref name=Sisario>{{cite news|last1=Sisario|first1=Ben|title=Digital Notes: Online Distributor Makes Deal With Universal for Physical Sales|url=http://mediadecoder.blogs.nytimes.com/2012/03/02/digital-notes-online-distributor-makes-deal-with-universal-for-physical-sales/|access-date=12 March 2015|work=New York Times|date=March 2, 2012}}</ref> The deal added 200 labels to the Ingrooves roster, and expanded its services to include physical distribution of recordings.<ref name=MBW1 /> The deal also allowed Ingrooves to use Universal’s local sales forces in selling products in retail stores.<ref name=Sisario /> Ingrooves, financed by Shamrock, paid Universal Music Group $10 million and gave Universal a 22 percent stake in Ingrooves.<ref name= Billboard /> Ingrooves subsequently expanded its services to include physical distribution.<ref name="proprietary" /><ref name=Disney>{{cite news|last1=Johnson|first1=Greg|title=Roy Disney Led Fund Buys Globetrotters|url=http://articles.latimes.com/2005/sep/28/business/fi-globetrotters28|access-date=12 March 2015|work=Los Angeles Times|date=September 28, 2005}}</ref><ref name=Sisario>{{cite news|last1=Sisario|first1=Ben|title=Digital Notes: Online Distributor Makes Deal With Universal for Physical Sales|url=http://mediadecoder.blogs.nytimes.com/2012/03/02/digital-notes-online-distributor-makes-deal-with-universal-for-physical-sales/|access-date=12 March 2015|work=New York Times|date=March 2, 2012}}</ref>
In 2008, [[Universal Music Group]] (UMG) selected Ingrooves's parent company, Isolation Network Inc., to digitally distribute all of its music in North America. Ingrooves and Mexican label [[DEL Records]] formed an online distribution agreement in 2010.<ref>{{cite news |last1=Ben-Yehuda |first1=Ayala |title=Del, INgrooves ink distribution pact |volume=122|issue=32 |publisher=Billboard |date=14 August 2014}}</ref> The investment firm [[Shamrock Holdings|Shamrock Capital]] purchased a majority stake in the company in 2010 for $20 million.<ref name=Forbes /><ref name=Billboard>{{cite news |last1=Christman |first1=Ed |title=INgrooves Up For Sale With $100M Price Tag: Sources |url=https://www.billboard.com/music/music-news/ingrooves-for-sale-100-million-price-8257467/ |access-date=23 March 2022 |publisher=Billboard |date=21 March 2018}}</ref> In 2012 Ingrooves took over [[Fontana Distribution]], which was owned by [[Universal Music Group]].<ref name=Sisario>{{cite news|last1=Sisario|first1=Ben|title=Digital Notes: Online Distributor Makes Deal With Universal for Physical Sales|url=http://mediadecoder.blogs.nytimes.com/2012/03/02/digital-notes-online-distributor-makes-deal-with-universal-for-physical-sales/|access-date=12 March 2015|work=New York Times|date=March 2, 2012}}</ref> The deal added 200 labels to the Ingrooves roster, and expanded its services to include physical distribution of recordings.<ref name=MBW1 /> The deal also allowed Ingrooves to use Universal’s local sales forces in selling products in retail stores.<ref name=Sisario /> Ingrooves, financed by Shamrock, paid Universal Music Group $10 million and gave Universal a 22 percent stake in Ingrooves.<ref name= Billboard /> Ingrooves subsequently expanded its services to include physical distribution.<ref name="proprietary" /><ref name=Disney>{{cite news|last1=Johnson|first1=Greg|title=Roy Disney Led Fund Buys Globetrotters|url=https://www.latimes.com/archives/la-xpm-2005-sep-28-fi-globetrotters28-story.html|access-date=12 March 2015|work=Los Angeles Times|date=September 28, 2005}}</ref><ref name=Sisario/>


In 2012, the company launched an Artist Services division, INresidence, a project-based service for established artists and emerging artists releasing music independently.<ref name=InresidenceChicagoTrib>{{cite news|last1=Morris|first1=Chris|title=INgrooves Fontana launches marketing arm: Kate Nash to inaugurate indie distrib's new venture|url=http://articles.chicagotribune.com/2012-11-19/entertainment/sns-201211191454reedbusivarietynvr1118062386-20121119_1_kate-nash-senior-vp-indie|access-date=12 March 2015|publisher=Chicago Tribune|date=November 19, 2012}}</ref><ref name="artist services music week">{{cite news|last1=Pakinkas|first1=Tom|title=Ingrooves Fontana launches Artist Services division|url=http://www.musicweek.com/news/read/ingrooves-fontana-launches-artist-services-division/052601|access-date=12 March 2015|publisher=Music Week|date=November 19, 2012}}</ref> They established a Rights Services division dedicated to [[Music publisher (popular music)|music publishing]], [[Synchronization rights|synch licensing]] and [[Related rights|neighboring rights]] in 2013.<ref name=Christman />
In 2012, the company launched an Artist Services division, INresidence, a project-based service for established artists and emerging artists releasing music independently.<ref name=InresidenceChicagoTrib>{{cite news|last1=Morris|first1=Chris|title=INgrooves Fontana launches marketing arm: Kate Nash to inaugurate indie distrib's new venture|url=https://www.chicagotribune.com/2012/11/19/ingrooves-fontana-launches-marketing-arm-kate-nash-to-inaugurate-indie-distribs-new-venture/|access-date=12 March 2015|publisher=Chicago Tribune|date=November 19, 2012}}</ref><ref name="artist services music week">{{cite news|last1=Pakinkas|first1=Tom|title=Ingrooves Fontana launches Artist Services division|url=http://www.musicweek.com/news/read/ingrooves-fontana-launches-artist-services-division/052601|access-date=12 March 2015|publisher=Music Week|date=November 19, 2012}}</ref> They established a Rights Services division dedicated to [[Music publisher (popular music)|music publishing]], [[Synchronization rights|synch licensing]] and [[Related rights|neighboring rights]] in 2013.<ref name=Christman />


As of 2022, Ingrooves is headquartered in Los Angeles, with offices in North America, South America, Europe, Asia, Africa, India, the Philippines, Australia and New Zealand.<ref>{{cite news |last1=Brandle |first1=Lars |title=Ingrooves Expands In Australia and NZ |url=https://www.billboard.com/music/music-news/ingrooves-australia-nz-nina-rabe-cairns-9373151/ |access-date=21 March 2022 |publisher=Billboard |date=7 May 2020}}</ref><ref name=Myers>{{cite news |last1=Myers Hansen |first1=Gabriel |title=Ingrooves Music Group acquires SA-based Electromode |url=https://www.musicinafrica.net/magazine/ingrooves-music-group-acquires-sa-based-electromode |access-date=21 March 2022 |publisher=Music in Africa |date=11 January 2021}}</ref><ref>{{cite news |last1=Needham |first1=Jack |title=Ingrooves Expands Into India, Appoints Amit Sharma As Country Manager For The Market |url=https://www.musicbusinessworldwide.com/ingrooves-expands-into-india-appoints-amit-sharma-as-country-manager-for-the-market/ |access-date=21 March 2022 |publisher=Music Business Worldwide |date=11 November 2021}}</ref><ref name=Aswad>{{cite news |last1=Aswad |first1=Jem |title=Music Industry Moves: Tai Verdes Signs Global Publishing Deal With Kobalt (EXCLUSIVE) |url=https://variety.com/2022/music/news/tai-verdes-publishing-kobalt-1235153344/ |access-date=21 March 2022 |publisher=Variety |date=13 January 2022}}</ref> Ingrooves expanded globally by partnering with independent labels and artists in countries world wide, including Australia’s OneLove in 2017<ref>{{Cite web|url=http://www.completemusicupdate.com/article/ingrooves-partners-with-onelove-music-group/|title=Ingrooves partners with Onelove Music Group {{!}} Complete Music Update|website=Completemusicupdate.com|access-date=2017-11-08}}</ref> and Latin America’s Talento Uno in 2018.<ref>{{Cite news|url=https://www.musicbusinessworldwide.com/ingrooves-signs-distribution-deal-latin-music-startup-talento-uno/|title=Ingrooves signs distribution deal with Latin music startup Talento Uno - Music Business Worldwide|date=2018-02-01|work=Music Business Worldwide|access-date=2018-10-19|language=en-US}}</ref>
As of 2022, Ingrooves was headquartered in Los Angeles, with offices in North America, South America, Europe, Asia, Africa, India, the Philippines, Australia and New Zealand.<ref>{{cite news |last1=Brandle |first1=Lars |title=Ingrooves Expands In Australia and NZ |url=https://www.billboard.com/music/music-news/ingrooves-australia-nz-nina-rabe-cairns-9373151/ |access-date=21 March 2022 |publisher=Billboard |date=7 May 2020}}</ref><ref name=Myers>{{cite news |last1=Myers Hansen |first1=Gabriel |title=Ingrooves Music Group acquires SA-based Electromode |url=https://www.musicinafrica.net/magazine/ingrooves-music-group-acquires-sa-based-electromode |access-date=21 March 2022 |publisher=Music in Africa |date=11 January 2021}}</ref><ref>{{cite news |last1=Needham |first1=Jack |title=Ingrooves Expands Into India, Appoints Amit Sharma As Country Manager For The Market |url=https://www.musicbusinessworldwide.com/ingrooves-expands-into-india-appoints-amit-sharma-as-country-manager-for-the-market/ |access-date=21 March 2022 |publisher=Music Business Worldwide |date=11 November 2021}}</ref><ref name=Aswad>{{cite news |last1=Aswad |first1=Jem |title=Music Industry Moves: Tai Verdes Signs Global Publishing Deal With Kobalt (EXCLUSIVE) |url=https://variety.com/2022/music/news/tai-verdes-publishing-kobalt-1235153344/ |access-date=21 March 2022 |publisher=Variety |date=13 January 2022}}</ref> Ingrooves expanded globally by partnering with independent labels and artists in countries worldwide, including Australia’s OneLove in 2017<ref>{{Cite web|url=http://www.completemusicupdate.com/article/ingrooves-partners-with-onelove-music-group/|title=Ingrooves partners with Onelove Music Group {{!}} Complete Music Update|website=Completemusicupdate.com|access-date=2017-11-08}}</ref> and Latin America’s Talento Uno in 2018.<ref>{{Cite news|url=https://www.musicbusinessworldwide.com/ingrooves-signs-distribution-deal-latin-music-startup-talento-uno/|title=Ingrooves signs distribution deal with Latin music startup Talento Uno - Music Business Worldwide|date=2018-02-01|work=Music Business Worldwide|access-date=2018-10-19|language=en-US}}</ref>


In March 2018, [[Shamrock Holdings|Shamrock Capital]] began seeking offers for Ingrooves, around approximately $100 million to sell.<ref>{{Cite magazine|url=https://www.billboard.com/articles/business/8257467/ingrooves-for-sale-100-million-price|title=INgrooves Up For Sale With $100M Price Tag: Sources|magazine=Billboard}}</ref> On February 12, 2019, [[Universal Music Group]] acquired the remaining shares of the company.<ref>{{cite magazine |last1=Christman |first1=Ed |title=Universal Music to Acquire Distributor Ingrooves in Move to Strengthen Commitment to Indie Labels'|magazine=[[Billboard (magazine)|Billboard]] | url=https://www.billboard.com/articles/business/8498067/universal-music-group-ingrooves-acquisition-indie-distributor-umg |access-date=February 12, 2019}}</ref>
In March 2018, [[Shamrock Holdings|Shamrock Capital]] began seeking offers for Ingrooves, around approximately $100 million to sell.<ref>{{Cite magazine|url=https://www.billboard.com/articles/business/8257467/ingrooves-for-sale-100-million-price|title=INgrooves Up For Sale With $100M Price Tag: Sources|magazine=Billboard}}</ref> On February 12, 2019, [[Universal Music Group]] acquired the remaining shares of the company.<ref>{{cite magazine |last1=Christman |first1=Ed |title=Universal Music to Acquire Distributor Ingrooves in Move to Strengthen Commitment to Indie Labels'|magazine=[[Billboard (magazine)|Billboard]] | url=https://www.billboard.com/articles/business/8498067/universal-music-group-ingrooves-acquisition-indie-distributor-umg |access-date=February 12, 2019}}</ref>


Ingrooves signed [[Rich Music]] to a distribution deal in 2018<ref>{{cite news |last1=Cobo |first1=Leila |title=Rich Music LTD Signs Distribution Deal With INgrooves |url=https://www.billboard.com/pro/rich-music-ingrooves-distribution-deal/ |access-date=26 April 2022 |publisher=Billboard |date=8 May 2018}}</ref> and [[Pitbull_(rapper)|Pitbull]]’s [[Mr. 305 Inc.]] to a worldwide distribution deal in 2019 for all of the label’s releases.<ref>{{cite news |last1=Roiz |first1=Jessica |title=Pitbull’s Mr. 305 Record Label Signs Distribution Deal With Ingrooves: Exclusive |url=https://www.billboard.com/music/music-news/ingrooves-pitbull-mr-305-record-label-deal-8507609/ |access-date=22 March 2022 |publisher=Billboard |date=18 April 2019}}</ref> The same year Ingrooves renewed its distribution partnership with independent British record label [[Dirty Hit]].<ref name=MWPaine>{{cite news |last1=Paine |first1=Andre |title='I'm excited about this new era': Dirty Hit renews global partnership with Ingrooves |url=https://www.musicweek.com/labels/read/i-m-excited-about-this-new-era-dirty-hit-renews-global-partnership-with-ingrooves/078356 |access-date=26 April 2022 |publisher=Music Week |date=10 Dec 2019}}</ref> The company expanded into Brazil through a deal with Brazilian label GR6,<ref>{{cite news |last1=Duffy |first1=Thom |title=2020 Indie Power Players |url=https://www.billboard.com/music/music-news/billboard-indie-power-players-executives-list-2020-9400400/ |access-date=26 April 2022 |publisher=Billboard |date=13 June 2020}}</ref> and formed deals with independent labels in Spain, Norway, Turkey, Japan,<ref>{{cite news |last1=Stassen |first1=Murray |title=Ingrooves Expands Into Spain, Appoints Antón Suárez As Country Manager And Signs Record Label Mushroom Pillow To Global Deal |url=https://www.musicbusinessworldwide.com/ingrooves-expands-into-spain-appoints-anton-suarez-as-country-manager-and-signs-record-label-mushroom-pillow-to-global-deal/ |access-date=23 March 2022 |publisher=Music Business Worldwide |date=7 October 2020}}</ref> South Korea, Denmark, and Sweden in 2020.<ref>{{cite news |last1=Stassen |first1=Murray |title=Ingrooves Music Group Expands Into Turkey, Names Haluk Cerahman As Country Manager For The Market |url=https://www.musicbusinessworldwide.com/ingrooves-music-group-expands-into-turkey-names-haluk-cerahman-as-country-manager-for-the-market/ |access-date=23 March 2022 |publisher=Music Business Worldwide |date=24 June 2020}}</ref>
Ingrooves signed [[Rich Music]] to a distribution deal in 2018<ref>{{cite news |last1=Cobo |first1=Leila |title=Rich Music LTD Signs Distribution Deal With INgrooves |url=https://www.billboard.com/pro/rich-music-ingrooves-distribution-deal/ |access-date=26 April 2022 |publisher=Billboard |date=8 May 2018}}</ref> and [[Pitbull (rapper)|Pitbull]]’s [[Mr. 305 Inc.]] to a worldwide distribution deal in 2019 for all of the label’s releases.<ref>{{cite news |last1=Roiz |first1=Jessica |title=Pitbull’s Mr. 305 Record Label Signs Distribution Deal With Ingrooves: Exclusive |url=https://www.billboard.com/music/music-news/ingrooves-pitbull-mr-305-record-label-deal-8507609/ |access-date=22 March 2022 |publisher=Billboard |date=18 April 2019}}</ref> The same year Ingrooves renewed its distribution partnership with independent British record label [[Dirty Hit]].<ref name=MWPaine>{{cite news |last1=Paine |first1=Andre |title='I'm excited about this new era': Dirty Hit renews global partnership with Ingrooves |url=https://www.musicweek.com/labels/read/i-m-excited-about-this-new-era-dirty-hit-renews-global-partnership-with-ingrooves/078356 |access-date=26 April 2022 |publisher=Music Week |date=10 Dec 2019}}</ref> The company expanded into Brazil through a deal with Brazilian label GR6,<ref>{{cite news |last1=Duffy |first1=Thom |title=2020 Indie Power Players |url=https://www.billboard.com/music/music-news/billboard-indie-power-players-executives-list-2020-9400400/ |access-date=26 April 2022 |publisher=Billboard |date=13 June 2020}}</ref> and formed deals with independent labels in Spain, Norway, Turkey, Japan,<ref>{{cite news |last1=Stassen |first1=Murray |title=Ingrooves Expands Into Spain, Appoints Antón Suárez As Country Manager And Signs Record Label Mushroom Pillow To Global Deal |url=https://www.musicbusinessworldwide.com/ingrooves-expands-into-spain-appoints-anton-suarez-as-country-manager-and-signs-record-label-mushroom-pillow-to-global-deal/ |access-date=23 March 2022 |publisher=Music Business Worldwide |date=7 October 2020}}</ref> South Korea, Denmark, and Sweden in 2020.<ref>{{cite news |last1=Stassen |first1=Murray |title=Ingrooves Music Group Expands Into Turkey, Names Haluk Cerahman As Country Manager For The Market |url=https://www.musicbusinessworldwide.com/ingrooves-music-group-expands-into-turkey-names-haluk-cerahman-as-country-manager-for-the-market/ |access-date=23 March 2022 |publisher=Music Business Worldwide |date=24 June 2020}}</ref>


Under a deal with parent company Universal Music Group, Ingrooves became the distributor for [[K-pop]] band [[BTS]] in 2021.<ref>{{cite news |last1=Lau |first1=Yvonne |title=Universal Music’s new BTS distribution deal is only its latest K-pop coup |url=https://fortune.com/2021/10/22/bts-universal-music-group-columbia-records-hybe-kpop/ |access-date=24 March 2022 |agency=Fortune |date=22 October 2021}}</ref> Ingrooves signed India’s [[Yo_Yo_Honey_Singh| Yo Yo Honey Singh]] and [[Himesh Reshammiya]] in 2021.<ref>{{cite news |last1=Online News Of India |title=Yo Yo Honey Singh And Himesh Reshammiya Are Now Official Artists Of Ingrooves Music Group ! |url=https://onlinenewsofindia.com/entertainment/yo-yo-honey-singh-and-himesh-reshammiya-are-now-official-artists-of-ingrooves-music-group/ |access-date=22 March 2022 |publisher=Online News of India |date=24 November 2021}}</ref> It acquired South African independent music distributor Electromode in 2021,<ref name=Myers /> and the Phillipines’ Curve Entertainment in 2022.<ref name=Aswad />
Under a deal with parent company Universal Music Group, Ingrooves became the distributor for [[K-pop]] band [[BTS]] in 2021.<ref>{{cite news |last1=Lau |first1=Yvonne |title=Universal Music’s new BTS distribution deal is only its latest K-pop coup |url=https://fortune.com/2021/10/22/bts-universal-music-group-columbia-records-hybe-kpop/ |access-date=24 March 2022 |agency=Fortune |date=22 October 2021}}</ref> Ingrooves signed India’s [[Yo Yo Honey Singh]] and [[Himesh Reshammiya]] in 2021.<ref>{{cite news |last1=Online News Of India |title=Yo Yo Honey Singh And Himesh Reshammiya Are Now Official Artists Of Ingrooves Music Group ! |url=https://onlinenewsofindia.com/entertainment/yo-yo-honey-singh-and-himesh-reshammiya-are-now-official-artists-of-ingrooves-music-group/ |access-date=22 March 2022 |publisher=Online News of India |date=24 November 2021}}</ref> It acquired South African independent music distributor Electromode in 2021,<ref name=Myers /> and the Philippines’ Curve Entertainment in 2022.<ref name=Aswad />


In January 2022, Ingrooves acquired the Icelandic record label Alda Music, which owned the rights to nearly 80 percent of all music released in Iceland.<ref>{{Cite web|url= https://www.musicbusinessworldwide.com/ingrooves-expands-into-iceland-with-acquisition-of-label-and-distributor-alda-music1/|title=Ingrooves expands into Iceland with acquisition of label and distributor Alda Music|date=24 January 2022|website=Music Business Worldwide}}</ref>
In January 2022, Ingrooves acquired the Icelandic record label Alda Music, which owned the rights to nearly 80 percent of all music released in Iceland.<ref>{{Cite web|url= https://www.musicbusinessworldwide.com/ingrooves-expands-into-iceland-with-acquisition-of-label-and-distributor-alda-music1/|title=Ingrooves expands into Iceland with acquisition of label and distributor Alda Music|date=24 January 2022|website=Music Business Worldwide}}</ref>

In September 2022, Universal Music Group announced the launch of [[Virgin Music Group]] which consists of Ingrooves, [[Virgin Music Label & Artist Services]] (formerly Caroline Distribution), and mtheory Artist Partnerships.<ref>{{Cite web |last=Aswad |first=Jem |date=2022-09-13 |title=Universal Launches Virgin Music Group, Including Virgin, Ingrooves and Newly Acquired Mtheory Artist Partnerships |url=https://variety.com/2022/music/news/universal-virgin-music-group-ingrooves-mtheory-1235370494/ |access-date=2022-09-19 |website=Variety |language=en-US}}</ref> On October 19, 2023, Virgin Music Group announced that Ingrooves was integrated with them.<ref>{{Cite web |title=New name, new handle, and exciting things ahead. Virgin Music & Ingrooves are now #VirginMusicGroup. Follow us @virginmusic ❤️‍🔥 |url=https://www.instagram.com/p/CylvdcgJHJA/?hl=en |access-date=2024-08-17 |website=www.instagram.com}}</ref>


==References==
==References==
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*{{Official website}}
*{{Official website}}


{{Universal Music Group}}
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{{Authority control}}


[[Category:Companies based in Los Angeles]]
[[Category:Companies based in Los Angeles]]
[[Category:Companies disestablished in 2023]]
[[Category:Companies based in San Francisco]]
[[Category:Companies based in San Francisco]]
[[Category:Companies established in 2002]]
[[Category:Companies established in 2002]]

Latest revision as of 03:52, 12 November 2024

Ingrooves Music Group
Company typeMusic distribution, analytics, rights services, marketing and technology
Founded2002
FoundersRobb McDaniels, Adam Hiles, Matthew Burns
DefunctOctober 19, 2023 (2023-10-19)
FateFolded into Virgin Music Group
SuccessorVirgin Music Group
HeadquartersLos Angeles, California
ParentVirgin Music Group
Websiteingrooves.com

Ingrooves Music Group (sometimes shortened to Ingrooves, and formerly stylized as INgrooves) was a global independent music marketing service and distribution company which provided custom services for artists and independent record labels, owned by Universal Music Group. They used proprietary distribution systems and focused on analytics and reporting technologies,[1][2][3] as well as their own platform that artists and labels used to manage business.[4]

History

[edit]

Ingrooves was founded in San Francisco in 2002 by Robb McDaniels, Matt Burns and Adam Hiles.[5][6] As of 2015, the Ingrooves retail network included more than 600 services and storefronts.[7][8]

In 2008, Universal Music Group (UMG) selected Ingrooves's parent company, Isolation Network Inc., to digitally distribute all of its music in North America. Ingrooves and Mexican label DEL Records formed an online distribution agreement in 2010.[9] The investment firm Shamrock Capital purchased a majority stake in the company in 2010 for $20 million.[1][10] In 2012 Ingrooves took over Fontana Distribution, which was owned by Universal Music Group.[11] The deal added 200 labels to the Ingrooves roster, and expanded its services to include physical distribution of recordings.[6] The deal also allowed Ingrooves to use Universal’s local sales forces in selling products in retail stores.[11] Ingrooves, financed by Shamrock, paid Universal Music Group $10 million and gave Universal a 22 percent stake in Ingrooves.[10] Ingrooves subsequently expanded its services to include physical distribution.[3][12][11]

In 2012, the company launched an Artist Services division, INresidence, a project-based service for established artists and emerging artists releasing music independently.[13][14] They established a Rights Services division dedicated to music publishing, synch licensing and neighboring rights in 2013.[2]

As of 2022, Ingrooves was headquartered in Los Angeles, with offices in North America, South America, Europe, Asia, Africa, India, the Philippines, Australia and New Zealand.[15][16][17][18] Ingrooves expanded globally by partnering with independent labels and artists in countries worldwide, including Australia’s OneLove in 2017[19] and Latin America’s Talento Uno in 2018.[20]

In March 2018, Shamrock Capital began seeking offers for Ingrooves, around approximately $100 million to sell.[21] On February 12, 2019, Universal Music Group acquired the remaining shares of the company.[22]

Ingrooves signed Rich Music to a distribution deal in 2018[23] and Pitbull’s Mr. 305 Inc. to a worldwide distribution deal in 2019 for all of the label’s releases.[24] The same year Ingrooves renewed its distribution partnership with independent British record label Dirty Hit.[25] The company expanded into Brazil through a deal with Brazilian label GR6,[26] and formed deals with independent labels in Spain, Norway, Turkey, Japan,[27] South Korea, Denmark, and Sweden in 2020.[28]

Under a deal with parent company Universal Music Group, Ingrooves became the distributor for K-pop band BTS in 2021.[29] Ingrooves signed India’s Yo Yo Honey Singh and Himesh Reshammiya in 2021.[30] It acquired South African independent music distributor Electromode in 2021,[16] and the Philippines’ Curve Entertainment in 2022.[18]

In January 2022, Ingrooves acquired the Icelandic record label Alda Music, which owned the rights to nearly 80 percent of all music released in Iceland.[31]

In September 2022, Universal Music Group announced the launch of Virgin Music Group which consists of Ingrooves, Virgin Music Label & Artist Services (formerly Caroline Distribution), and mtheory Artist Partnerships.[32] On October 19, 2023, Virgin Music Group announced that Ingrooves was integrated with them.[33]

References

[edit]
  1. ^ a b Greenberg, Zack O' Malley (May 7, 2012). "Ingrooves: Proof You Can Make Money On Music, Even If You're Not Apple". Forbes. Retrieved 12 March 2015.
  2. ^ a b Christman, Ed (July 19, 2013). "INgrooves Launches Music Publishing Services Company, Olivier Chastan To Run (Exclusive)". Billboard. Retrieved 12 March 2015.
  3. ^ a b Morris, Christopher (March 2, 2012). "INgrooves acquires Fontana Distribution". Billboard. Retrieved 12 March 2015.
  4. ^ Resnikoff, Paul. "After a Year On the Block, Universal Music Group Fully Acquires Ingrooves". Digital Music News. Retrieved 10 June 2022.
  5. ^ Wilson, Sara (1 December 2007). "Spin City". Entrepreneur. Retrieved 21 March 2022.
  6. ^ a b Staff (22 December 2014). "Ingrooves Founder Robb McDaniels Quits Company After 13 Years". Music Business Worldwide. Retrieved 21 March 2022.
  7. ^ Wilson, Lizette (September 6, 2006). "Ingrooves: Virtual record label finds rhythm with indie artists". San Francisco Business Journal. Retrieved 12 March 2015.
  8. ^ Pham, Alex (March 2, 2012). "INgrooves buys Fontana Distribution from Universal Music Group". Los Angeles Times. Retrieved 12 March 2015.
  9. ^ Ben-Yehuda, Ayala (14 August 2014). "Del, INgrooves ink distribution pact". Vol. 122, no. 32. Billboard.
  10. ^ a b Christman, Ed (21 March 2018). "INgrooves Up For Sale With $100M Price Tag: Sources". Billboard. Retrieved 23 March 2022.
  11. ^ a b c Sisario, Ben (March 2, 2012). "Digital Notes: Online Distributor Makes Deal With Universal for Physical Sales". New York Times. Retrieved 12 March 2015.
  12. ^ Johnson, Greg (September 28, 2005). "Roy Disney Led Fund Buys Globetrotters". Los Angeles Times. Retrieved 12 March 2015.
  13. ^ Morris, Chris (November 19, 2012). "INgrooves Fontana launches marketing arm: Kate Nash to inaugurate indie distrib's new venture". Chicago Tribune. Retrieved 12 March 2015.
  14. ^ Pakinkas, Tom (November 19, 2012). "Ingrooves Fontana launches Artist Services division". Music Week. Retrieved 12 March 2015.
  15. ^ Brandle, Lars (7 May 2020). "Ingrooves Expands In Australia and NZ". Billboard. Retrieved 21 March 2022.
  16. ^ a b Myers Hansen, Gabriel (11 January 2021). "Ingrooves Music Group acquires SA-based Electromode". Music in Africa. Retrieved 21 March 2022.
  17. ^ Needham, Jack (11 November 2021). "Ingrooves Expands Into India, Appoints Amit Sharma As Country Manager For The Market". Music Business Worldwide. Retrieved 21 March 2022.
  18. ^ a b Aswad, Jem (13 January 2022). "Music Industry Moves: Tai Verdes Signs Global Publishing Deal With Kobalt (EXCLUSIVE)". Variety. Retrieved 21 March 2022.
  19. ^ "Ingrooves partners with Onelove Music Group | Complete Music Update". Completemusicupdate.com. Retrieved 2017-11-08.
  20. ^ "Ingrooves signs distribution deal with Latin music startup Talento Uno - Music Business Worldwide". Music Business Worldwide. 2018-02-01. Retrieved 2018-10-19.
  21. ^ "INgrooves Up For Sale With $100M Price Tag: Sources". Billboard.
  22. ^ Christman, Ed. "Universal Music to Acquire Distributor Ingrooves in Move to Strengthen Commitment to Indie Labels'". Billboard. Retrieved February 12, 2019.
  23. ^ Cobo, Leila (8 May 2018). "Rich Music LTD Signs Distribution Deal With INgrooves". Billboard. Retrieved 26 April 2022.
  24. ^ Roiz, Jessica (18 April 2019). "Pitbull's Mr. 305 Record Label Signs Distribution Deal With Ingrooves: Exclusive". Billboard. Retrieved 22 March 2022.
  25. ^ Paine, Andre (10 Dec 2019). "'I'm excited about this new era': Dirty Hit renews global partnership with Ingrooves". Music Week. Retrieved 26 April 2022.
  26. ^ Duffy, Thom (13 June 2020). "2020 Indie Power Players". Billboard. Retrieved 26 April 2022.
  27. ^ Stassen, Murray (7 October 2020). "Ingrooves Expands Into Spain, Appoints Antón Suárez As Country Manager And Signs Record Label Mushroom Pillow To Global Deal". Music Business Worldwide. Retrieved 23 March 2022.
  28. ^ Stassen, Murray (24 June 2020). "Ingrooves Music Group Expands Into Turkey, Names Haluk Cerahman As Country Manager For The Market". Music Business Worldwide. Retrieved 23 March 2022.
  29. ^ Lau, Yvonne (22 October 2021). "Universal Music's new BTS distribution deal is only its latest K-pop coup". Fortune. Retrieved 24 March 2022.
  30. ^ Online News Of India (24 November 2021). "Yo Yo Honey Singh And Himesh Reshammiya Are Now Official Artists Of Ingrooves Music Group !". Online News of India. Retrieved 22 March 2022.
  31. ^ "Ingrooves expands into Iceland with acquisition of label and distributor Alda Music". Music Business Worldwide. 24 January 2022.
  32. ^ Aswad, Jem (2022-09-13). "Universal Launches Virgin Music Group, Including Virgin, Ingrooves and Newly Acquired Mtheory Artist Partnerships". Variety. Retrieved 2022-09-19.
  33. ^ "New name, new handle, and exciting things ahead. Virgin Music & Ingrooves are now #VirginMusicGroup. Follow us @virginmusic ❤️‍🔥". www.instagram.com. Retrieved 2024-08-17.
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