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Tvt records

The meaning of «tvt records»

TVT Records (Tee-Vee Tunes) was an American record label founded by Steve Gottlieb. Over the course of its 30-year history, the label released 25 Gold, Platinum and Multi-Platinum releases.[1] Its roster included Nine Inch Nails, Ja Rule, Lil Jon, Underworld, KMFDM, Gravity Kills, The KLF, The Baldwin Brothers, Sevendust, Nothingface, the Wellwater Conspiracy, Brian Jonestown Massacre, The Holloways, The Cinematics, Buck-O-Nine, DJ Hurricane, Speech and Pitbull. It gad triple platinum Nine Inch Nails's Pretty Hate Machine, two double platinum releases by Lil Jon, and platinum releases by Snoop Dogg and Tha Eastsidaz, Dashboard Confessional, Default and Ying Yang Twins as well as gold releases by Sevendust, Gravity Kills and The Black Crowes and Jimmy Page. Additionally, TVT achieved a gold release in Germany and Sweden with The Connells and scored platinum and gold records in Canada with Default. In 2008, it filed for bankruptcy.

TeeVee Toons was founded in 1978 by Steve Gottlieb, a graduate of Yale University and Harvard Law.[2] Gottlieb launched the label from his New York City apartment[2] with the release of Television's Greatest Hits, an album featuring theme songs from classic TV shows that became a respectable seller. The San Francisco Chronicle called the album "the most fun you can have with your pants on", and the New York Times highlighted it as one of 1985's most notable business ideas.[3]

In 1986, TeeVee Toons was shortened to TVT Records. In 1988–89, TVT signed industrial rock band Nine Inch Nails, and they released their debut studio album Pretty Hate Machine on October 20, 1989. But there was tension between Gottlieb and NIN frontman Trent Reznor throughout the promotion. According to Reznor, Gottlieb called Nine Inch Nails' record an "abortion".[4] He said to him: "You fucked up what could have been a good career." When Pretty Hate Machine sold 1,000,000 copies, Gottlieb reacted rudely, ordering the band to sell 4 million copies of the follow-up. While NIN was on tour, TVT released an EP for the single Head Like A Hole that was longer in length than the original album, and started underpaying Reznor, along with pressuring him to make a follow-up record that sounded identical to Pretty Hate Machine. Scared that TVT would interfere with his creative control, Reznor, in secret, started recording what would become Broken in 1992.[5] He met Jimmy Iovine, founder of Interscope Records, and finally, in 1992, Reznor and TVT reached an agreement where NIN would leave TVT and move to Interscope, but TVT would receive some of the royalties made from future NIN releases.

In 1996 Crain's named Gottlieb one of its forty under 40 Rising Stars to Watch, citing the 50% yearly growth of TVT.[6] In 1999 TVT completed a securitization that enabled it to raise $23.5 million in growth capital.[7]

In 2000, TVT became the first label to put its entire catalog online available for downloading and free streaming by fans. In 2001, the label reached an amicable arrangement with Napster for use of TVT's artist copyrights, and TVT's CEO joined the Napster advisory board. Gottlieb appeared before the Senate Judiciary Committee in 2001 on a panel that included Richard Parsons, then head of Time Warner and Ken Berry, head of EMI, and artists Alanis Morissette and Don Henley.[8] CEO Gottlieb served on the Board of Directors of Musicmatch (sold to Yahoo!).

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