Veteran Exec Patrick Moxey Unveils New Label Group With Warner Music
Jem Aswad Senior Music EditorVeteran dance music executive Patrick Moxey has announced details of his new label group and has signed a new, worldwide deal for two key record labels with Warner Recorded Music.The agreement, which encompasses the legendary Payday Records and the newly created Helix Records, will see Warner Recorded Music handling global digital distribution via its independent services arm ADA Worldwide, and includes the option for the parties to co-sign new repertoire.The move comes just weeks after Moxey left Ultra, the label he founded during the 1990s, and Sony Music.Helix Records, the group’s new flagship electronic dance music label, which was officially launched this week at Miami Music Week, has already signed several artists, including electronic duo Snakehips, British-Australian band AR/CO, legendary house dj/producer Marshall Jefferson, and tech house maven DJ Susan. Helix and Payday Records have offices in Los Angeles, New York, and London with 36-member team covering marketing and promotions in Canada, Sweden, Germany, France, and Australia.