Bannatyne Music

RKA Records Limited
Private
Industry Music & entertainment
Genre Pop, Dance, Teen
Founded October 2010
Founder Ryan Ashmore & Liam Webb
Defunct 2012
Headquarters London, United Kingdom
Key people
 Duncan Bannatyne, Ryan Ashmore, Liam Webb
Products Music & entertainment
Owner Sony Music Entertainment
Parent Sony Music (50%)
TESCO Records (30% Joint)
Website Bannatyne Music

Bannatyne Music was a record label that was originally known as RKA Records. It was first established in October 2010 by Ryan Ashmore and Liam Webb. The label is best known for Ashmore and Webb's appearance on the well known BBC TV Show Dragons Den.

History

Investment via the Dragons Den

Ashmore and Webb successfully gained investment from Duncan Bannatyne on the Dragon's Den. Bannatyne got a 79% share of the company in return for a £50,000 investment.[1][2][3][4][5][6]

Renamed to Bannatyne Music

In 2012 RKA Records closed and was renamed to Bannatyne Music. Bannatyne Music's launch was covered in the NME.[7]

Deal with Sony Music Entertainment and Gut Records

In 2013, the company was sold to Sony and Gut Entertainment Group (Sony Music Entertainment and Gut Records).[8]

Artists

References

  1. ↑ "Telegraph News Paper – Teenagers Sell 79% Stake". "Real Business – Bannatyne Secures Record Stake In RKA Records".
  2. ↑ "X Factor Reviewer".
  3. ↑ "Bannatynes New Deal".
  4. ↑ "Teens Strike Deal With Dragon".
  5. ↑ "Dragon Invests In RKA".
  6. ↑ "Teens Secure Deal".
  7. ↑ "'Dragons' Dens Duncan Bannatyne launches label with new boy band". Retrieved 4 December 2014.
  8. ↑ "Dragons' Den: Duncan Bannatyne OBE - Startups.co.uk: Starting a business advice and business ideas". Startups.co.uk: Starting a business advice and business ideas. 2016-07-26. Retrieved 2016-11-10.
  9. ↑ Simon Harding (19 September 2011). "West music promoter back to boost chart hopefuls". Blottr. Blottr Digital Limited. Retrieved 17 September 2012.
  10. ↑ "ReConnected Signed to RKA Records".
  11. ↑ "T Boy Band Signed to RKA Records".
  12. ↑ "Artistes". Bannatyne Music. Retrieved 4 December 2014.
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