Republic Records is the number 1 motion picture soundtrack label. They are trying to make relationships with music companies as well as television companies. Republic Records likes to have a wide range of genre music.
"Whether it's Sonos, Pandora, IHeartRadio, Spotify -- it's the all-you-can-eat world now and that's interesting because you see where it's going: paid subscription services. I think it will change the music business into, ultimately, being the most profitable form of entertainment in the years to come. Then you see partnerships developing at [commercial radio]: they appreciate the fact that we provide content and we appreciate that they actually expose it."
"'It's a fact that we are the No. 1 motion picture soundtrack label -- we're serious about the soundtrack business,' says Walk, who started at Universal in late January."
Charlie Walk is the executive vice president of Republic Records. He has been in the music industry for 20 plus years. His strategy for becoming the best of the best: cross-media convergence, relationships with different companies and have a wide variety of musicians. The cross-media convergence he's focusing on is television and music. I believe that cross-media convergence of music and television can become very successful. Celebrities like Nicki Minaji, Justin Bieber, and Drake became famous from singing and have been in films or on television. Relationships with different music companies and musicians can make friendships. Those friendships can help connect the dots of future friendships and success. Republic Records is number the number one motion picture soundtrack label because of the variety of musicians. Labels need that mix in genre to expand their audiences.
Q&A: Charlie Walk, Republic's New EVP, on Returning to a Major, Long-Term Strategy
Gallo, P. (2013, February 4). Q&A: Charlie Walk, Republic's New EVP, on Returning to a Major, Long-Term Strategy. Retrieved November 25, 2014, from http://www.billboard.com/biz/articles/news/branding/1537709/qa-charlie-walk-republics-new-evp-on-returning-to-a-major-long
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