History
In 2003, EMI-Medley had a 40% share on the Danish music market. Days after Medley-founder Michael Ritto announced he would depart in February 2004, other staff members announced they would start Copenhagen Records with an aim "to recruit and develop quality Danish musicians. Sales of Danish artists have not dipped nearly as much as international acts ," as Christensen explains. The label also had the direct intention to create a strong local competitor against the established multinational labels.
Former Medley marketing manager Jakob Sørensen and former A&R manager Christian Backman set up operations; former EMI Denmark head of A&R Nick Foss and former Capitol/Medley GM Mik Christensen joined on 1 April 2004. Christensen and Foss had worked at EMI for 19 years and long wanted to start a company of their own, but Ritto persuaded them to hold off those plans.
In 2005, Christensen and Foss also started Mermaid Records, which is largely owned by Sony Music Entertainment Denmark since 2008. In 2008, Christensen and Foss left Copenhagen Records. Sørensen holds the position of CEO and product manager, and Backman is creative director and in charge of A&R.
In 2008, Copenhagen Records founded Copenhagen Music, a booking company led by Niels Lindgren, primarily facilitating bookings for the artists on CPH Records.
Read more about this topic: Copenhagen Records
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