Music Industry Moves: UMG, Kevin ‘Chief’ Zaruk and Simon Tikhman Launch The Core Records; Stem Raises $250 Million for Artist Advances
Thania Garcia Universal Music Group (UMG) has partnered with Kevin “Chief” Zaruk and Simon Tikhman, co-founders of a leading entertainment and talent management company Core Entertainment (TCE), to launch The Core Records. The new global label venture will sign and develop new artists, working hand-in-hand with UMG’s network. Tikhman and Zaruk founded TCE with Live Nation in 2019 as an independent entertainment collective that specializes in talent management, business and strategic partnerships, and advancements in the music, technology, and lifestyle industries. Additionally, TCE develops film and television projects and works with professional athletes.