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HITS Daily Double

WMG BUYS 12TONE

Warner Music Group is acquiring the assets of Doug Morris12Tone Music, whose roster boasts Anderson .Paak and the 88 Rising collective that includes Joji.

The deal is expected to close toward the end of July, with Morris remaining actively engaged in the label's day-to-day operations.

Morris founded 12Tone in 2018 and has released music by Lauren Daigle, ILLENIUM and Dolly Parton, among others. WMG's ADA has been the label's distributor.

“12Tone is home to some of today’s most compelling artists and innovative label partners, encompassing emerging and established talent that crosses genres and generations,” said Max Lousada, CEO, Recorded Music, Warner Music Group. “We’re very pleased that Doug has chosen Warner as the team to continue nurturing the amazing artists that 12Tone has signed and developed over the past three years.”

“After leading all three major music companies, I loved returning to my indie roots by starting 12Tone,” Morris said. “I want to thank Steve Bartels and the 12Tone team for being such a big part of the picture. This three-year run has been a lot of fun. I look forward to remaining fully engaged with the WMG team, who are outstanding professionals. A special thanks to Max—I know the music couldn't be in better hands."