VP Records Moves To Acquire Greensleeves
Here’s a bit of interesting industry news for the Dancehall massives. Leading Reggae record label, VP Records, is purchasing competitor Greensleeves for a little over $6 million. The Greensleeve label'founded by Chris Sedgwick & Chris Cracknell in 1977'possesses old school classics like Wayne Smith's “Sleng Teng” and Yellowman's “Mr. Yellowman” to some of the music’s current hits by artists like Bounty Killa and the “Energy God” Elephant Man. With increased distribution an archive of infinite hits, this should effectively give the VP-founding Chin family total domination in the Dancehall arena.
[Source]
kim February 1, 2008 at 7:20 pm
If this news is actually official it will kill the music industry. VP records is the largest and the worst records label in the reggae industry. Greensleeves has always been that other outlet for artists and producers. Where will everyone go now? To VP? I hope not. I hope to see many independent labels popping up and mimic the hip hop industry. It is about time for artists to smarten up and leave Vampire Records alone. They have destroy the music and I see that have plans in the works to make it extinct and worthless.