SRC Records

From Wikipedia, the free encyclopedia

(Redirected from Street Records Corporation)

SRC Records
Parent company	Universal Music Group
Founded	2002
Founder	Steve Rifkind
Distributing label	Universal Records
Genre	Hip Hop/R&B
Country of origin	United States of America

SRC Records (Street Records Corporation) is an American record label created by former Loud CEO Steve Rifkind. It's a subsidiary of the Universal Motown Records Group.

1 Company History
- 1.1 Wanna Blow deal
- 1.2 Loud Deal and Today
2 Labels Under SRC
3 SRC Discography
- 3.1 Upcoming Releases
4 See also
5 External link

SRC Records was founded by Steve Rifkind in 2002, the same year that he was ousted from his CEO position from Loud Records. He would form the label and sign an exclusive distribution deal with Universal Records. The label was much like Loud Records, a hip hop and R&B label. The first move with the label was signing David Banner, a rapper from Jackson, Mississippi. With Banner as their flagship artist, SRC soared to great heights behind his 2003 debut. The label was instantly hailed as the second-coming of Interscope Records, due to the obvious similarities. The hit single "Like A Pimp," would make the label a household name within the hip hop community. During the year of 2003, the label would hit paydirt after hearing tapes from Senegalize singer, Akon, who they would immediately sign to their label. In 2004, Akon would release his multi-platinum debut album, Trouble. In early 2004, they signed a deal to distribute material from the rap supergroup, Terror Squad. SRC would go on to release all albums from Remy Ma and the group Terror Squad, itself. In the summer of 2004, SRC would become home to the biggest single in hip hop history, "Lean Back," by Fat Joe and Remy Ma. After these releases, SRC had established itself among the other heavyweight record labels in hip hop music. In 2005, the label granted Akon his own label Konvict Muzik. The deal brought more artists on to the label and a hit album from Akon.

In 2005, the label came through with what was possibly the smartest move in the label's history that was signing a distribution deal with Tone & Nige's Wanna Blow Entertainment, which is home to Harlem, Manhattan rapper, Jae Millz.

In June 2007, Sony Music resurrected Rifkind's original label, Loud Records. Loud had been home to many of the more popular hip hop acts of the time, but would shut down operations in 2004. After the resurrection of Loud, Rifkind would buy the label and make it a subsidiary of SRC. His first act after re-gaining the label was, as he did fifteen years earlier, signing the Wu-Tang Clan. Now a powerful force in hip hop music with plenty of artists and sub-labels, SRC plans to add some acts of all genres to the label. They have added some southern acts to the label and look to be a dominant force in music for some time. Now with the label's star rapper Jae Millz set to release his debut album, the label plans to keep the hit records coming. In late November 2007, SRC was able to land an exclusive distribution deal with Cam'ron's Diplomat Records, which adds more acts to the roster. The release from this venture will be Cam'ron's sixth studio album.