{"id":98187,"date":"2021-01-18T12:33:57","date_gmt":"2021-01-18T12:33:57","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&p=98187"},"modified":"2021-01-18T12:33:57","modified_gmt":"2021-01-18T12:33:57","slug":"domino-recording-co","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/domino-recording-co\/","title":{"rendered":"Domino"},"content":{"rendered":"

Independent record label Domino Recording Co. was established in London in 1993, co-founded by Laurence Bell and Jacqui Rice.<\/p>\n

Today, the company has offices in London, in addition to New York, Germany and France.<\/p>\n

Under the Domino Music Group Ltd umbrella, Domino houses a record company (Domino Recording Co.), a publishing company (Domino Publishing Co.), and a neighboring rights company (Double Six).<\/p>\n

In its first decade Domino’s business was predominantly based on licensing music from US record labels from artists such as Sebadoh and The Magnetic Fields.<\/p>\n

At the turn of the Millennium, Domino began to find mainstream success with its own artist signings, including Franz Ferdinand, Arctic Monkeys, Anna Calvi, and The Kills.<\/p>\n

In January 2020, Domino cut ties with its former physical music distributor in the US \u2013 Warner Music’s ADA \u2013 by signing a new partnership<\/a> with North Carolina-based Redeye for the territory.<\/p>\n

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Domino financials<\/h6>\n

According to filings with UK Companies House, Domino Music Group Ltd generated \u00a330.24 million in the 12 months to end of August 2019.<\/p>\n

It also posted an annual operating profit of \u00a31.39 million.<\/p>\n

Domino’s net profit after taxation in its FY 2019 year stood at \u00a3581,000 (see below).<\/p>\n

\n
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