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The company incurred significant losses in its 2004 and 2005 fiscal years. Sanctuary's losses in 2005 increased to £142.6m from £26.7m in 2004. In
October 2005, the company announced that one quarter of its staff, representing 175 positions, would be eliminated. One such layoff was
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The company partly blamed the loss increase on record release delays, while announcing, in early 2006, a £110m rescue deal. These events, plus pressure from the UK financial and business leaders led to
Smallwood becoming merely a general manager of the company, Taylor becoming
45:
289:. The board's publicly stated reason for the dismissal was "that certain of the prior year adjustments made in the 2005 accounts should have been presented as a correction of fundamental errors and not as changes in accounting policy". Taylor was replaced by
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announced it had reached an agreement to buy
Sanctuary Records for £44.5 million. The agreement was completed in October 2007. By December 2007, it appeared that the Sanctuary name had begun to be phased out, with both
312:
chief Dean James, had bid for the group. This proved unsuccessful, further depressing the share value of the company. In late 2006, Rod
Smallwood left the company, taking with him Iron Maiden's management interests.
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label in conjunction with Kenny Rogers' Dreamcatcher
Records in the UK. The albums were only available as imports in the US. Rogers' 2003 release "Back to the Well" was released by Sanctuary in the UK.
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In 1994, the company diversified. Amongst the new media interests included a joint venture with screenwriter and producer, Raymond
Thompson, which evolved into the Cloud9 Screen Entertainment Group.
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reported that
Sanctuary Records would cease to exist as a new release label in the US that summer, though catalogue, licensing, and new media operations would continue. On 15 June 2007
390:'s catalogue remained at Universal until March 2014, when BMG took over the band's distribution. In March 2017, BMG transferred the distribution rights of select Sanctuary artists to
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366:, UMG was required to sell Sanctuary. It was one of the three units of Universal Music, never fully owned by EMI, that were forced to be sold; other such units were
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being installed as the new chairman. On 26 May 2006, Ayling dismissed Taylor, following a review of accounting practices prompted by inquiries from the
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Entertainment, a successor to
Sanctuary and Columbia's distribution partnership for the band's releases) for future releases.
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1516:"Universal, Sony, [PIAS] and InGrooves partner with BMG on Sanctuary and Mute catalogues - Music Business Worldwide"
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in the UK and the largest music management company in the world. It was also the world's largest independent owner of music
1210:"BMG forms alliance with Universal Music Group; plans to move physical distribution to UMG's Commercial Services division"
201:
Sanctuary
Records has historically signed artists with long-term appeal that have had a long career and steady fan base.
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White, Adam. "The Untold Saga of the Zomba Group: Clive Calder's Empire is World's
Largest Independent Music Firm"
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Iron Maiden's catalogue was re-issued by Sanctuary in conjunction with Columbia/SME Records in the US in 2002.
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In 2023, BMG signed a new distribution deal with Universal Music Group, Sanctuary's previous owner.
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pub and went on to manage the group. They named the record company after the band's song "
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A&R Legend John Kalodner Talks Aerosmith and Why Rock Won't Reach the Masses Again
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Mergers of Majors: Applying the Failing Firm Doctrine in the Recorded Music Industry
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was one of the last artists signed to Sanctuary, which released their album,
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acquired Sanctuary for over €46 million. In June 2013, BMG agreed to have
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In July 2006, it was reported that MAMA, the management group behind the
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Kalodner opted to leave the music business entirely. See Matt Wake,
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based in the United Kingdom and is, as of 2013, a subsidiary of
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Mayan Records was an imprint of Sanctuary Records, under which
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2006 saw Sanctuary's notable twentieth anniversary release of
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distribute the label's catalogue in North America, while the
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1455:"Universal's £1.2bn EMI takeover approved – with conditions"
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for £1.2 billion. However, due to conditions imposed by the
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1270:. Sanctuary Records Group Official Website. Archived from
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solely for reissues. Until June 2007, it was the largest
1443:, 7 Brook. J. Corp. Fin. & Com. L. 589, 602 (2013).
251:, a reissue of the pivotal UK independent compilation
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Between 1989 and 1991, Sanctuary was co-owned by the
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1486:"Universal Music agrees to sell Sanctuary Records"
269:, with over thirty years of industry experience.
1623:
1428:, Reuters, 15 June 2007, accessed 16 June 2007
1419:"Universal agrees to buy struggling Sanctuary"
1354:, 8 July 2006, p. 47, accessed 4 January 2017.
1335:, 10 October 2005, accessed 29 December 2016.
1346:Kalodner looking forward with an eye on past
386:would handle international rights; however,
1662:Defunct record labels of the United Kingdom
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248:CD86: 48 Tracks from the Birth of Indie Pop
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350:On 21 September 2012, regulators approved
220:' 1980s catalogue (originally released on
1667:1976 establishments in the United Kingdom
1484:Chmielewski, Dawn C. (14 February 2013).
1408:, 26 May 2006, accessed 29 December 2016.
1378:, 16 June 2016. Retrieved 4 January 2017.
706:(label outside the US, Canada, and Japan)
335:being transferred to the Universal-owned
293:, the chief executive of Sanctuary-owned
1657:Labels distributed by Warner Music Group
1257:, 26 January 2007, accessed 16 June 2007
1617:Sanctuary Records Altsounds.com profile
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504:in North America, on 4 September 2015.
14:
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1587:from the original on 24 February 2017.
1465:from the original on 27 September 2013
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1113:("Pink Years" and "Blue Years" albums)
1496:from the original on 15 February 2013
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1237:, 15 June 2007, accessed 16 June 2007
1248:"Sanctuary may sell off some units"
1199:
404:
24:
1556:from the original on 13 March 2017
1526:from the original on 17 March 2017
1453:Sweney, Mark (21 September 2012).
1228:"Universal Music to buy Sanctuary"
170:The company was formed in 1979 by
25:
1678:
1637:Record labels established in 1976
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1399:Sanctuary sacks boss over figures
1326:Sanctuary cuts a quarter of staff
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287:Financial Reporting Review Panel
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295:Twenty-First Artists Management
224:) was re-issued by Sanctuary's
178:, who met as undergraduates at
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160:intellectual property rights
38:Sanctuary Records Group Ltd.
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1575:nickderiso (18 June 2015).
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341:Universal Music Enterprises
265:, senior vice-president of
182:. In 1979, they discovered
162:, with over 160,000 songs.
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1612:Official corporate website
1550:musicbusinessworldwide.com
1520:musicbusinessworldwide.com
1214:musicbusinessworldwide.com
1009:The Electric Blues Company
704:Emerson, Lake & Palmer
589:(except the US and Canada)
354:'s planned acquisition of
180:Trinity College, Cambridge
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1370:21 September 2016 at the
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1404:30 December 2016 at the
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814:Jimmy Chamberlin Complex
425:Electric Light Orchestra
156:independent record label
1607:Official retail website
1268:"Corporate Information"
632:Corrosion of Conformity
454:catalogue, property of
1424:9 October 2007 at the
1253:5 January 2013 at the
1187:Lists of record labels
893:(except North America)
870:Manic Street Preachers
698:Earth, Wind & Fire
343:(with distribution by
1632:British record labels
1581:Ultimate Classic Rock
755:Gorky's Zygotic Mynci
613:Brides of Destruction
567:Belle & Sebastian
411:Castle Communications
376:BMG Rights Management
368:Vivendi Entertainment
352:Universal Music Group
324:Universal Music Group
196:eponymous debut album
152:BMG Rights Management
101:BMG Rights Management
96:Universal Music Group
56:BMG Rights Management
1274:on 27 September 2007
1233:12 July 2011 at the
730:Fun Lovin' Criminals
520:Allman Brothers Band
27:British record label
1437:Joshua R. Wueller,
1298:113/18 (5 May 2001)
1101:Super Furry Animals
1090:Rough Trade Records
571:Rough Trade Records
364:European Commission
339:and Iron Maiden to
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1216:. 19 October 2023.
931:Ocean Colour Scene
392:Warner Music Group
1490:Los Angeles Times
1310:, sleevenotes to
1162:Within Temptation
1106:Superjoint Ritual
995:Strange Sensation
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501:The Book of Souls
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337:Decca Music Group
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16:(Redirected from
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809:Jane's Addiction
700:– Urban Division
649:– Urban Division
603:Blue Öyster Cult
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525:Hittin' the Note
405:Labels catalogue
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239:The Monster Show
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172:Rod Smallwood
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74:Rod Smallwood
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19:
1652:IFPI members
1580:
1570:
1558:. Retrieved
1549:
1540:
1528:. Retrieved
1519:
1510:
1498:. Retrieved
1489:
1479:
1469:21 September
1467:. Retrieved
1459:The Guardian
1458:
1448:
1439:
1433:
1413:
1359:
1349:
1340:
1320:
1311:
1303:
1293:
1288:
1276:. Retrieved
1272:the original
1262:
1242:
1222:
1213:
1168:Wu-Tang Clan
1081:Stratovarius
1061:Simple Minds
1040:Bruce Ruffin
1035:Rollins Band
1030:Kenny Rogers
991:Robert Plant
986:Pitchshifter
926:Alison Moyet
840:King Crimson
745:Thea Gilmore
547:Apollyon Sun
523:
499:
494:
438:Neat Records
400:
349:
333:Robert Plant
317:
315:
310:Mean Fiddler
299:
271:
259:
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246:
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237:
236:'s UK album
231:
226:Castle Music
218:Kenny Rogers
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148:record label
143:
142:
32:Record label
29:
1500:15 February
1308:Bob Stanley
1086:The Strokes
1019:Joey Ramone
1014:Queensrÿche
877:(US and UK)
804:IllScarlett
794:Pye Records
720:Ex Cathedra
688:DragonForce
653:Deaf School
618:Eric Burdon
532:Marc Almond
496:Iron Maiden
479:JAD Records
462:RAS Records
452:DJM Records
448:Pye Records
421:Jet Records
277:and former
222:RCA Records
206:Zomba Group
184:Iron Maiden
176:Andy Taylor
116:heavy metal
98:(physical)
78:Andy Taylor
1626:Categories
1461:. London.
1324:BBC News,
1246:BBC News,
1226:BBC News,
1193:References
1174:Neil Young
1148:in Europe)
1127:Uriah Heep
1076:Status Quo
1005:Alan Price
946:Jo O'Meara
830:Elton John
799:Billy Idol
785:Humble Pie
765:Adam Green
647:De La Soul
642:The Damned
552:The Ataris
471:Bob Marley
398:division.
384:PIAS Group
372:V2 Records
345:Sony Music
283:Bob Ayling
124:electronic
1376:LA Weekly
1351:Billboard
1295:Billboard
1164:(UK only)
1092:(UK only)
1056:Scorpions
917:Morrissey
902:Meat Loaf
875:Marillion
845:The Kinks
775:Helloween
735:Gamma Ray
673:Discharge
598:Blue Nile
576:Biohazard
562:Andy Bell
557:Atomkraft
515:Aberfeldy
475:Tuff Gong
380:INgrooves
329:Morrissey
319:Billboard
192:Sanctuary
103:(digital)
1585:Archived
1554:Archived
1524:Archived
1494:Archived
1463:Archived
1422:Archived
1402:Archived
1395:BBC News
1368:Archived
1329:Archived
1278:10 April
1251:Archived
1231:Archived
1181:See also
993:and the
971:Overkill
941:Oleander
912:Ministry
907:Megadeth
819:JoBoxers
790:Idlewild
780:The Hiss
750:Gizmachi
725:The Fall
710:Engerica
469:(except
450:(except
423:(except
360:Citibank
1045:The RZA
860:Lowgold
835:Journey
593:Blondie
581:Bizarre
542:Anthrax
537:Angelou
267:A&R
166:History
128:hip hop
84:Defunct
70:Founder
62:Founded
981:Photek
824:Jon B.
715:Europe
683:Dokken
188:London
146:was a
1560:1 May
1530:1 May
1146:Eagle
1142:Vixen
1132:Venom
1122:Tesla
1024:Ray J
358:from
234:Lordi
186:in a
108:Genre
1562:2018
1532:2018
1502:2013
1471:2012
1313:CD86
1280:2012
1152:Ween
1096:Styx
1007:and
1000:Play
850:Kiss
477:and
427:and
370:and
331:and
304:and
174:and
112:Rock
87:2007
65:1979
668:Dio
396:ADA
394:'s
356:EMI
254:C86
120:pop
1628::
1583:.
1579:.
1548:.
1518:.
1492:.
1488:.
1457:.
1397:,
1383:^
1374:.
1348:.
1212:.
1201:^
1088:–
919:–
792:–
625:–
569:–
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