| Razor & Tie | |
|---|---|
 | |
| Parent company | Concord |
| Founded | 1990; 36 years ago (1990) |
| Founder |
|
| Defunct | 2018; 8 years ago (2018) |
| Distributor | Universal Music Group |
| Genre | |
| Country of origin | United States |
| Location | New York City, U.S. |
| Official website | fearlessrecords |
Razor & Tie was an American entertainment company that consisted of a record label and a music publishing company. It was established in 1990 byCraig Balsam and Cliff Chenfeld. Based inNew York City (with additional offices inLos Angeles andNashville), Razor & Tie releases were distributed byUniversal Music Group.[1]
Razor & Tie initially focused on compilation albums and re-issues. Directly marketed through television spots, the label had early success with 70s, 80s and 90s-themed albums, beginning withThose Fabulous 70s in 1990. A retail label was launched in 1995 to release new albums from established and developing artists, includingDar Williams,Graham Parker andMarshall Crenshaw. Razor & Tie continued to expand their rock signings, and by 2016, with releases by artists includingThe Pretty Reckless,Starset,All That Remains andRed Sun Rising it had become a leader in the genre.[2][3]
In 2001, Balsam and Chenfeld createdKidz Bop, a series of albums with young singers covering pop hits. As of 2016, Kidz Bop had sold more than 16 million albums, 22 of which debuted in the Top 10 on theBillboard charts, Kidz Bop holds the title for the most Top 10 debuts of any artist in this century. Releases on Razor & Tie have cumulatively exceeded sales of 45 million physical and digital albums, singles, videos and DVDs.[4]
A music publishing division was founded in 2007, and in 2014 Razor & Tie launched Washington Square Records, an alternative-leaning label. In 2015 Concord Bicycle acquired an undisclosed percentage of Razor & Tie, which now operates as New Razor & Tie Enterprises LLC, a joint venture.[5] Concord fully acquired Razor & Tie on January 17, 2018.[6] As of May 2018, Razor & Tie became an imprint of Concord Music'sFearless Records label.[7]
Craig Balsam is an American businessman, film producer, co-founder and co-CEO of Razor & Tie, an American entertainment company. Balsam grew up inMillburn, New Jersey, graduated fromEmory College and earned hisJuris Doctor degree fromNew York University where he met fellow student Cliff Chenfeld. After practicing law for several years, Balsam and Chenfeld left their law jobs in 1990 and formed Razor & Tie, an independent record label.[8][9] The label initially focused on compilation albums (Monster Ballads) and reissues and has since become one of the leading rock labels in the country with artists such asThe Pretty Reckless,Starset,All That Remains,The Sword andRed Sun Rising.[10][11] In recent years the company has added Washington Square, an alternative leaning imprint and a music publishing company. Razor & Tie Publishing is responsible for No. 1 hits including "Home" byPhillip Phillips, "God Gave Me You" byBlake Shelton, "Whiskey in My Water" byTyler Farr, "We Went" byRandy Houser and "Alone With You" byJake Owen.
In 2001, Balsam and Chenfeld launchedKidz Bop, a series of audio releases of kids singing pop hits that are appropriate for children. The franchise has sold more than 16 million albums and become the leading kids' audio brand in the country. Kidz Bop has expanded significantly to include a national tour, merchandise, music videos and a channel onSirius XM.[12][13]
Balsam has been the executive producer of a number of films includingJoan Baez: How Sweet the Sound andThe Last Five Years and theatrical productions includingSmall Mouth Sounds.[14][15]
Razor & Tie was founded by Craig Balsam and Cliff Chenfeld, who met while in law school atNYU. Musicians as well as music fans, they played and wrote songs together while pursuing their degrees and continued to collaborate after they had begun working as lawyers. Following several years of practicing separately at large, corporate firms, Balsam and Chenfeld began to explore the idea of releasing records from the 70s. "We really didn't enjoy practicing law as much as we enjoyed music. So we began to think about ways we could maybe change our careers," Chenfeld said in 2010. In 1990, they founded Razor & Tie, naming the company after a song they had written while working as lawyers.[5][16]
In late 1990, working out of Chenfeld's apartment, Razor & Tie released their first record,Those Fabulous 70s, a compilation of AM radio hits. It was sold through a late-night television spot presented by The '70s Preservation Society, a fictitious entity that Balsam and Chenfeld had created to market the album. Through the commercial—which featured a "leisure-suited fellow with a tie so wide you could land a helicopter on it"—the album sold in excess of 100,000 copies.Those Fabulous 70s was followed by a successful series of genre-specific 70s records and 80s compilations, and in 1994 alone Razor & Tie sold more than 1 million albums.Living in the 90s, released in 1995, was the label's bestselling album of the period; its success helped to establish Razor & Tie as the largestdirect response music company in the United States.[17][18][19]
Razor & Tie's early business model also focused on reissues. With lessoverhead than larger record companies and an ability to focus on niche marketing, the company licensed titles from major labels which, at the time, would not have otherwise been released on CD. "It was great because we were allowed to get into a lot of music that we loved, and it was a business scale that worked very well for us. At the time, if we sold twenty thousand copies of something we could make that work, and sometimes, we'd sell one hundred or two hundred and we'd make that work," Chenfeld said. The first album Razor & Tie reissued wasThe Up Escalator by Graham Parker and the Rumour. It was followed by a series of reissues with added bonus material and comprehensive career retrospectives from artists a wide range of artists includingGlen Campbell,King Curtis,Joe Meek andMerle Haggard.[16][20]
In 1995, with an office in Greenwich Village, Razor & Tie launched a new music division. They released new albums by established artists such asMarshall Crenshaw,Joan Baez, andGraham Parker, which allowed Razor & Tie to focus on broadening audiences rather than developing new ones. (Parker had recorded for seven major labels. "The idea of having advertisements say Graham Parker's 'minor label debut' was appealing to me," he said.)[19]
The first new artist signed to Razor & Tie wasDar Williams, who released her debut albumThe Honesty Room in February 1995. A single from the album, "When I Was a Boy", received significant radio play, and the album went on to become one of the best-selling independent folk albums of the year. Williams toured with labelmate Baez, who covered one of Williams' songs. In a 1995 interview withBillboard, Williams noted the similarities in their careers. "There were parallels in choosing a less flashy label over a more flashy label," she said. "Vanguard (Baez' first label) chose to do things more pared down and acoustic, which is what the label I chose is allowing me to do." Each of Williams' first five Razor & Tie releases sold more than 100,000 albums.[21]
Razor & Tie also had significant success withCledus T. Judd, the "Weird Al Yankovic of Country Music". He released four albums on the label between 1995 and 1999, includingI Stoled This Record, which was certified gold, andDid I Shave My Back for This? which hit the top 20 on the country music charts.[22]
In 1997, Razor & Tie released the 2-CD setMonsters of Rock, a compilation of hits by 1980sglam metal bands. Released in December through an "appropriately over the top, tongue-in-cheek" two-minute television spot, an abbreviated version was launched at retail the following June. Before the end of the year, it had sold 150,000 copies through direct channels and was certified gold through traditional sales.Monsters of Rock was followed in 1998 byMonster Ballads, an "aerosol-enhanced" compilation. With a December TV spot and a June retail debut, it was certified platinum in early 2000.[23][24]
Razor & Tie created Razor & Tie Media in 1997 to provide media buying for its own releases as well as releases from other record companies. In 1999, the label signed a distribution deal withBMG, which was transferred toSony Music when BMG and Sony merged in 2003.[25]
In 2000, Balsam and Chenfeld createdKidz Bop, a series of records of kids singing pop hits that are appropriate for children. The first compilation, a two-CD set, was released in October 2001. Sixteen of the 17 Kidz Bop albums that came out over the next 10 years debuted at No. 1 on theBillboard Kids charts. In 2009, Balsam and Chenfeld decided to expand Kidz Bop by establishing Kidz Bop Kids, who perform the songs both on record and on The Kidz Bop tour. The franchise now includes a radio channel onSirius XM.[4][26][27]
Other successful Razor & Tie titles in the early 2000s included the DVD release ofBiggie & Tupac andDarrin's Dance Grooves, a workout DVD by choreographerDarrin Henson. Available only as a video and DVD, it charted at No. 1 in its category, and "seeped into the mainstream culture". It ultimately surpassed 1.5 million in sales. 2003'sDeja Entendu byBrand New, signed through a joint venture with Triple Crown Records, was certified gold; one ofRolling Stone's "Top 40 Emo Records of All Time", it "redefined the genre".[28][29][30]
By the end of the decade, Razor & Tie had begun phasing out the compilation albums and was primarily focused on new albums by established and developing artists. Through a label deal with Prosthetic, they signedAll That Remains, whose six Razor & Tie albums had cumulative sales of more than 1 million.[31]
In 2005, Razor & Tie began distributing the releases of Sh-K- Boom/Ghostlight Records, the Broadway cast recording label. Best-selling releases from Sh-K- Boom/Ghostlight have included the original cast recordings ofBook of Mormon,Beautiful,In The Heights,Next To Normal, andLegally Blonde.[16][20]
In 2007, the company founded Razor & Tie Music Publishing (RTMP). Self-administered in North America, it was aligned with a global team of sub-publishers throughout the rest of the world.[32]
In 2010, Razor & Tie established a joint venture imprint, Artery/Razor & Tie, with the Artery Foundation, a Sacramento-based management company. It released records by artists includingAttila andChelsea Grin. The joint venture concluded in 2014.[1]
In 2012, Razor & Tie Music Publishing appeared for the second consecutive quarter in the Top 10Billboard Country Publishers airplay chart. They had three No. 1 country hits in less than 12 months with "God Gave Me You", performed byBlake Shelton and written by singer/songwriterDave Barnes, "Alone With You" performed byJake Owen and co-written byCatt Gravitt and Shelton's "Over", co-written by David Elliott. Among other successful songs, "We Went", co-written by RTMP songwriter John King went to No. 1, and Greg Holden's song "Home" (as performed by American Idol WinnerPhillip Phillips) hit No. 1 on 10Billboard charts. As of 2016, the song was five times platinum. "Whiskey in My Water", performed byTyler Farr and co-written with Phillip LaRue, also hit No. 1. In 2014, RTMP relocated its Nashville headquarters to a converted warehouse space In the SoBro neighborhood nearCannery Row. It houses several recording studios, writer and listening rooms, a rehearsal space, and a performance area.[32]
With hit records fromThe Pretty Reckless,All That Remains, andStarset, Razor & Tie was the most successful independent rock label of the year, and the second strongest rock label overall in 2014. That same year, the company launched Washington Square Records. An alternative leaning label, Washington Square has since released records by artists including MOTHXR, Austin Plaine,Soren Bryce, My Jerusalem, and The Low Anthem. Analog Spark, an audiophile imprint focused on the reissue of classic, critically acclaimed albums on 180-gram vinyl and SACD, was established in February 2015. Analog Spark's first releases included titles fromGlenn Gould andDave Brubeck as well as the original cast recordings ofMy Fair Lady andWest Side Story.[3][33][34]
In 2015,Billboard published its inaugural "Greatest of All Time" rankings, a comprehensive collection of the best-selling songs, albums and artists in music history. With 22 Top 10 debuts since 2001,Kidz Bop was No. 4 on the "Most Billboard 200 Top 10 Albums" list, just behindThe Rolling Stones,Barbra Streisand,The Beatles andBob Dylan. Kidz Bop held the fourth-highest tally of any artist in history and the most Top 10 debuts of any artist since 2000.[26]
After 25 years of operating independently, in September 2015, Concord Bicycle Music acquired a "significant" percentage of Razor & Tie to form Razor & Tie Enterprises, LLC. Under the new venture, Concord Bicycle will administer Razor & Tie Music Publishing, support the expansion of the Kidz Bop franchise, and provide other strategic resources. Balsam and Chenfeld remain the company's co-CEOs.[35]
In April 2018, RT Industries, a new label created by Razor & Tie's founders, was launched, acquiring earlier the catalogs of severalWarner Music Group artists, includingFat Joe andSheena Easton.[36] Warner Music Group, now throughADA division, markets them digitally.
| International | |
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| National | |
| Other | |
