Saint Marie Records (SMR) announced today that it is opening a new office in Los Angeles California – the first part of a multi-phase plan to launch their new licensing division. The official launch of the division is planned for early January 2012.
Los Angeles was the first logical location for the new licensing division, says Wyatt Parkins President of SMR, since Los Angeles is the epicenter of the Television and Movies being produced in the United States and they are the largest purchasers of music licensing.
This expansion is the second major expansion for the new record label this year with the first following their partnership with Seattle investment firm Monition Partners. SMR currently has 11 recording artists signed to the label and plans to sign another 20 artists in 2012.
As many labels are struggling to stay afloat and figure out what their revenue models are, we are focused on keeping our costs down and aggressively creating revenue streams in licensing, says Amber Summers who joined SMR to run the Los Angeles office. We are confident that our strategy and partnerships are going to be successful for us she said.
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Saint Marie Records is a record label with officies in Fort Worth Texas, Seattle Washington and Los Angeles California. We specialize in Shoegaze, Dreampop, Electronica, Indie Rock, Indie Pop music. We are distributed by Darla Records, Shell Shock, Modular, Konkurrent and Broken Silence.