mom+pop music and Exceleration Music Agree to Strategic Financial Alliance
• Label continues to expand scope of operations and artist signings
Leading independent record label mom+pop music and Exceleration Music, the venture led by industry leaders for investing in the future of independent labels and artists, have agreed to a strategic financial alliance. This provides mom+pop with the ability to rapidly expand its scope of operations, including new signings.
Exceleration has made an investment in mom+pop’s catalog and will be providing resources to help supercharge the label’s exciting new release program. mom+pop music will continue to be solely owned and operated by partners Michael Goldstone and Thaddeus Rudd. The relationship with Exceleration will provide the opportunity for m+p to retain its independence and further expand their scope of operations, including providing financing structures that will allow expansion with new artist signings, catalog and growth of services.
mom+pop’s upcoming releases include Beach Bunny, Caamp, Ashe, Orion Sun, FKJ, Seb, and newly-announced signings Tegan and Sara, and Madeon.
Co-Owner of mom+pop music, Michael Goldstone said, “This deal with Exceleration allows us to forge ahead having the financial ability to attract and sign the artists that we believe in. Exceleration Music understood our needs and worked with us in customizing the deal to fit our vision.”
Co-Owner of mom+pop music, Thaddeus Rudd continued, “We chose this path because it provides financial tools enabling us to maintain our self-sufficiency. We’ve created a hybrid in today’s market, offering artistic controls and boutique service, pairing it with the power and reach of a larger system. This expansion is a bet on our artists, our staff and our collective future.”
Exceleration’s founding Partner, Glen Barros stated, “We formed Exceleration to bring financial and operational resources to the independent community. mom+pop has an incredible track record and exciting future prospects, and we believe that the flexible partnership we offer via this deal will enable them to supercharge their growth. Goldie and Thaddeus have a clear vision of where they’re headed and how to get there. We believe in that vision, in the importance of retaining their independence, and in our ability to deliver the financial, strategic and operational support that can help those future prospects be realized as optimally as possible.”
Working with Exceleration is part of a larger expansion plan envisioned by Goldstone and Rudd. In 2018, mom + pop joined Merlin, the digital rights licensing partner for the independent music community, which established a global direct distribution and marketing platform for the label. Global physical distribution continues through Redeye.
Additionally m+p announced its joint venture with Further Music, expanding its reach at radio in cooperation with m+p VP of Promotion, David Jacobs. Recent m+p/Further collaborations include Ashe’s “Moral of the Story”, Beach Bunny’s “Cloud 9”, and Seb’s “Seaside_demo”.
mom+pop music
About mom+pop music
Since launching 14 years ago, mom + pop music has curated a critically acclaimed list of artists and has seen significant success releasing music from Courtney Barnett, Beach Bunny, Caamp, Ashe, Sleater-Kinney, Porter Robinson, Flume, Seb, Orion Sun, Tom Morello and many others.
They boast a team of 25 people and offer a global reach with an independent spirit that has garnered industry accolades such as Billboard’s Independent Label Power Lists, Label of the Year lists and other recognition. mom+pop music has offices in New York and Los Angeles.
About Exceleration Music
Exceleration Music is a company formed by global music industry leaders Glen Barros, Amy Dietz, John Burk, Dave Hansen and Charles Caldas to invest in the future of independent labels and artists. The Exceleration team uses its deep understanding of the needs of artists and independent labels to offer tailored investments and operational expertise.
The company’s growing team of data, sales and marketing experts works to preserve and enhance the legacies of both the entrepreneurs and their artists alike. To date, Exceleration Music owns and/or has partnerships with a growing set of record labels and the entrepreneurs who founded them. These include Alligator Records, Bloodshot Records, Candid Records, Kill Rock Stars, the Ray Charles Foundation and SideOneDummy.
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