Chess Club Records Scores Investment from Red Light Management and a New Deal with Kobalt’s AWAL
Chess Club Records has scored a partnership with Red Light Management and AWAL.
Chess Club Records has confirmed a new milestone in its short 12-year history.
Red Light Management founder Coran Capshaw has signed on as an investor of the London-based indie label. In addition, Chess Club has signed a worldwide distribution deal with Kobalt’s recording services company, AWAL.
Will Street and Peter McGaughrin, the indie label’s founders and operators, confirmed the news earlier today. The news comes as Chess Club prepares multiple releases from its growing roster of young talent. This includes 16-year-old pop singer/songwriter Alfie Templeman, 22-year-old rocker Phoebe Green, 20-year-old Swedish pop singer Yaeger, West London alt-rock quartet Bloxx, and Welsh electronica artist Casi & The Blind Harpist.
Street and McGaughrin first launched Chess Club Records following the success of Chess Club live nights in London. They had played host to acts including MGMT, Bon Iver, Lykke Li, Laura Marling, Florence & The Machine, Mumford & Sons, Bombay Bicycle Club, and The XX.
Since its founding, the indie label has released music by Wolf Alice, Jungle, M Ø, Mumford & Sons, Chet Faker, Billie Marten, Sundara Karma, Tove Styrke, Easy Life, Pumarosa, Local Natives, White Lies, Skott, and Swim Deep, among others.
Chess Club confirmed it will continue to sign new acts, and will now use Red Light’s resources, including marketing, creative services, brand partnership, radio promotion, and online teams. In addition, the label will take full advantage of AWAL’s recording distribution services.
Chess Club had previously released music through a joint venture with RCA Records.
Speaking about the news, McGaughrin explained,
“Having partnered with Red Light for my management business, I’ve seen first-hand how rich the worldwide resource in touring, marketing, radio, brands, festivals is within the company is and how long-term artist development is the core philosophy.
“It feels like a natural fit and we’re excited for the next phase of Chess Club.”
“An indie ethos and culture has been at the center of everything we have built from our approach to releasing music to collaborating with artists.
“So, to now have the opportunity to fully stand on our own two feet is very exciting.”
Featured image courtesy of Chess Club Records and Red Light Management.