{"id":99035,"date":"2021-01-18T16:02:36","date_gmt":"2021-01-18T16:02:36","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&#038;p=99035"},"modified":"2021-02-04T16:53:06","modified_gmt":"2021-02-04T16:53:06","slug":"young-turks","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/beggars-group\/young-turks\/","title":{"rendered":"Young Turks"},"content":{"rendered":"<p><strong>Young Turks is a London-based independent record label.<\/strong><\/p>\n<p>The company was founded in 2006 by Caius Pawson.<\/p>\n<p>The label&#8217;s roster currently includes artists such as the XX, Kamasi Washington, Sampha, Jamie XX, FKA Twigs and others.<\/p>\n<hr \/>\n<h6>Ownership<\/h6>\n<p>XL Recordings owns a 50% stake in Young Turks. (<a href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/beggars-group\/\" target=\"_blank\" rel=\"noopener\">Beggars Group<\/a> owns a 50% stake in XL Recordings).<\/p>\n<p><a href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/beggars-group\/\" target=\"_blank\" rel=\"noopener\">A fiscal filing from XL<\/a> in 2020 revealed that the label\u2019s ownership stake in Young Turks reduced in 2019\u00a0from 75% to 50%.<\/p>\n<p>As a result, XL ceased to own a controlling stake in Young Turks, which officially became a Joint Venture label.<\/p>\n<p>XL Recordings owns 50% of Young Turks, a stake that <a href=\"https:\/\/www.musicbusinessworldwide.com\/beggars-group-turned-over-83m-in-2019-as-xl-recordings-generated-51m\/\" target=\"_blank\" rel=\"noopener\">was reduced<\/a>\u00a0from 75% on January 1, 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London-based Young Turks was founded by Caius Pawson in 2006<\/p>\n","protected":false},"featured_media":86568,"parent":98251,"menu_order":0,"template":"","class_list":["post-99035","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/99035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/99035\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/86568"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=99035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}