Clive Calder
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| + | '''Clive Calder''' (born: 1946 in [[Johannesburg]], [[South Africa]]) is a South African-born and UK based (resident in [[Cayman Islands]] for tax purposes) record executive and businessman. | ||
| - | '''Jive Records''' is an [[United States|American]] [[record label]] based in [[New York City]], owned by [[Sony BMG Music Entertainment]], and operates as a quarter of the [[Zomba Label Group]]. | + | He is currently the wealthiest [[music billionaire]] in Britain, worth an estimated £1.3bn. |
| - | ==Company history== | + | He was the founder of the [[Zomba Music Group]] which he sold in 2002 for $1.8bn to the German-based media group [[Bertelsmann]]. |
| - | Jive Records was formed by [[Clive Calder]] in [[1975 in music|1975]] and was launched in the United States as a branch of the Zomba Recording Corporation in 1981. The word "jive" was inspired by Township Jive, a form of [[South African music]] and dance. Upon initial launch, early US distribution was by [[Arista Records]] until [[1987 in music|1987]]. Following the creation of [[Bertelsmann Music Group|BMG]] the same year, distribution of Jive switched to [[RCA Records]]. Early signings to Jive included [[Whodini]], [[A Flock of Seagulls]], [[Billy Ocean]], and [[Samantha Fox]]. | + | |
| - | Free from the authority of Arista head [[Clive Davis]] (who at the time was known to be opposed to [[hip-hop music]]), as the [[1980s]] drew to a close, Jive went on to sign a plethora of hip-hop acts, including controversial rappers, [[Too Short]] and [[Schoolly D]]. By the early-mid 1990s, Jive had become a premiere label in the world of [[hip hop music|hip-hop]], thanks to the success of acts like [[Whodini]], [[DJ Jazzy Jeff & The Fresh Prince]], [[E-40]], [[A Tribe Called Quest]], [[KRS-One]] and R&B acts such as [[Aaliyah]] and [[R. Kelly]]. Jive tried to ride the coat tails of the spectrum of urban-oriented music in the United States by venturing into [[house music]] with several compilations and by signing artists such as [[Liz Torres]] and [[Mr. Lee]] during the late 1980s and early 1990s. | + | His primary residence is in the [[Cayman Islands]] although he also has residences in London and New York City and previously in [[Larchmont, New York|Mamaroneck, NY]], [[United States|U.S.]]. |
| - | Jive's distribution deal with RCA expired in [[1991 in music|1991]], at which time BMG purchased a large minority stake in the label and switched to BMG Distribution proper. That same year, Barry Weiss became CEO and president of Jive Records — a position he holds to this day. | ||
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| - | By the mid-late [[1990s]], despite its reputation for dealing heavily in hip-hop, Jive signed fledgling pop acts [[Backstreet Boys]], [[*NSYNC]], and [[Britney Spears]]—all of whom achieved massive success as the 2000s dawned, and would become the three best-selling acts in the label's history.[http://www.thedeadbolt.com/news/111711/britneysotherson.php][http://www.themoneytimes.com/articles/20060819/britney_s_second_pregnancy_an_accident-id-101198.html] [[Backstreet Boys]] sold over 100 million albums worldwide[http://www.beat.com.au/review.php?id=113], [[Britney Spears]] has sold over 85 million albums, and [[NSYNC]] 50 million. | ||
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| - | From [[1992 in music|1991]] through [[2002 in music|2002]], Jive operated as an independently-managed label, with distribution of its records handled by BMG directly. Zomba also had several other labels under its aegis under the same deal. | ||
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| - | In 2002, Bertelsmann Music Group acquired the remainder of Zomba for US$2 billion, which was at the time the largest-ever acquisition of an independent label with major-label distribution. The company was reconfigured and renamed [[Zomba Label Group]], under which Jive continues to operate. In 2004, Sony Music and BMG created a 50/50 joint venture, [[Sony BMG Music Entertainment]], of which the Zomba Label Group is one of its divisions. | ||
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Clive Calder (born: 1946 in Johannesburg, South Africa) is a South African-born and UK based (resident in Cayman Islands for tax purposes) record executive and businessman.
He is currently the wealthiest music billionaire in Britain, worth an estimated £1.3bn.
He was the founder of the Zomba Music Group which he sold in 2002 for $1.8bn to the German-based media group Bertelsmann.
His primary residence is in the Cayman Islands although he also has residences in London and New York City and previously in Mamaroneck, NY, U.S..
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Clive Calder" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
