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| | Label: | Squint Entertainment |
| Info: | Squint Entertainment was founded by Steve Taylor in
September 1997. Squint made a partnership with Word
Entertainment. The new label would make the strategic
choices and Word financed Squint Entertainment.
Gaylord Entertainment
During that time Gaylord Entertainment Company owned Word
Records. The label was bought from Thomas Nelson to Gaylord
Entertainment for $110 million in January 1997.
New manager
Steve Taylor's business partner at Word Records was Roland
Lundy, but Roland Lundy lost his position in the fall of
2000 and the new executive of Word Records did not
understand the vision or strategy of Squint Entertainment
and wanted to sell the label.
Restructuring
But Squint Entertainment was first "restructured" as an
article from CCM Update dated August 27, 2001 shows: Word
Entertainment announced the appointment of Hugh Robertson as
vice president and general manager of Squint Entertainment.
Robertson's appointment came just one month after Word laid
off all of Squint's staff, except then General Manager
Steve Taylor, and announced it was restructuring the Squint
label. [...]
According to Loren Balman [Word Entertainment President],
the release of L.A. Symphony's new album has been pushed
from the fall [2001] to the first quarter of 2002.
The involvement with Squint Entertainment would stop for
Steve Taylor in September 2001.
Deal
In April 2001 Colin V. Reed joined Gaylord Entertainment as
president and CEO and he sold Word Entertainment to the
Warner Music Group (WMG), a division of AOL Time Warner, for
$84.1 million in November 2001. In March 4th, 2002 the whole
Word Label Group went through a major restructuring after
the change of ownership.
Dismissal
This lead to the dismissal of Word executives on Friday,
February 22, 2002 among them Hugh Robertson vice
president/general manager of Squint Entertainment. He was
just 6 months with Word.
Souljahz
It became known on February 4th, 2002 that the then still
appointed Squint manager Hugh Robertson had signed an act
called the Souljahz. The band would release their sophomore
recording "The Fault Is History" (2002) through the Squint
label. Souljahz would not be able to release new albums on
the label and went independant again as The Washington
Projects in 2006.
Sold again
The Warner Music Group, owner of Word Records, got sold
again from it's parentcompany as the musicdivision of Time
Warner to Edgar Bronfman Jr. and partners in 2004.
Finance
Steve Taylor did try to buy Squint Entertainment back as he
states on a press conference
at Cornerstone Festival Friday, July 4, 2003, but his
businesspartner, another company, Big Idea, was not able to
finance the deal. Hence the end of releasing albums for Six
Pence None The Richer and the complete withholding of a new
record "Call It What You Want" from a hip hop band called
LA Symphony.
Sources: En.wikipedia.org ; CCMupdate.com ; Tolbooth.org |
| Country: | United States |
| Releases: | A few random releases on this label...
|  |
|  LA Symphony - Call it what you want
| |
|  Souljahz - The Fault Is History
| |
|  LA Symphony - Broken tape decks (single)
| |
|  LA Symphony - Big. Broke. L.A.
| |
|  LA Symphony - Broken Tape Decks (pre-release CD single)
|
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