Beggars Group


Beggars Group is a British record company that owns or distributes several other labels, including 4AD, Rough Trade Records, Matador Records, XL Recordings and Young Turks.

History

The companies’ roots stem from the Beggars Banquet record shops, which first opened in 1973 with a shop in Earls Court, London. In 1977, spurred by the prevailing DIY aesthetics of the British punk rock movement, the shop founders decided to join the fray as an independent label and release records as Beggars Banquet Records, which became the group's flagship label and namesake. The first band on the label was English punk group The Lurkers; the first ever release on the label was The Lurkers' punk classic "Shadow"/"Love Story" 7" single. Later in the decade and into the early 1980s, hits with Tubeway Army and Gary Numan secured the label's future. Beggars Banquet then went on to release music by Bauhaus, Biffy Clyro, Buffalo Tom, The Charlatans, The Cult, The Go-Betweens, The National, St. Vincent and Tindersticks.

Ownership

The Beggars Group has been in business for over forty years and is owned and managed by Martin Mills. Its musical focus remains fiercely alternative. As of 2017, the main labels that form the group are 4AD, Matador Records, Rough Trade Records, XL Recordings and Young Turks. The company owns 4AD outright, and retains a 50% stake in each of the others. Older labels within the group, including Beggars Banquet itself and Too Pure, are now part of Beggars Arkive, which is the catalog department for its labels that are no longer active.

Independence

With its own worldwide network in place, unique in the independent sector, the Group now has three offices in London, two in the US, and a dedicated office in every major territory. The company has also been actively involved in helping to promote the collective interests of the sector, being founding members of the AIM in 1999, IMPALA in 2000, A2IM, and most recently the Worldwide Independent Network, each of which represent the interests of the independent music industry. The Beggars Group are also active members of Merlin, the independents’ rights licensing body.

Martin Mills

has become known as a fierce advocate for independent label rights, and testified before the Senate Subcommittee on Antitrust Competition Policy and Consumer Rights hearing against the Universal Music Group-EMI merger. In 2011, The Guardian named him #22 in their "Music Power 100. He was given the "Industry Icon" award by Billboard at Midem in 2013. In 2014, Martin was given the Pioneer Award at the 2014 AIM Independent Music Awards. He has been listed on Billboard's "Power 100" several times including #63 in 2015, #66 in 2014, and #64 in 2013. Variety Magazine named him one of the International Music Leaders of 2018. He is a founding member of Impala, on the boards of A2IM, Merlin, and AIM, and in 2018 was appointed to a brand new role, Chair of WIN, the Worldwide Independent Network representing the interests of the global independent music community.

Current group artists

The main labels that are part of the Beggars Group are home to a range of artists including:
4AD
Matador Records
Rough Trade Records
XL Recordings
Young Turks