company history [edit ]
SRC was founded by Steve Rifkind in 2000. In 2002, he was ousted from his CEO position from Loud. Although he already had SRC, he made it a bigger precedence and sign an exclusive distribution deal with Universal. 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 big heights behind his 2003 introduction. The tag was immediately hailed as the second-coming of Interscope Records [ citation needed ], due to the obvious similarities. The collision individual “ Like A Pimp, ” would make the label a family name within the hip hop community. During the class of 2003, the label would hit paydirt after hearing tapes from senegalese 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 cope 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 hit unmarried, “ Lean Back, ” by Fat Joe and Remy Ma. After these releases, SRC had established itself among the early heavyweight record labels in hip hop music. In 2005, the pronounce granted Akon his own label Konvict Muzik. The deal brought more artists on to the label and a hit album from Akon .
forte deal and late successes [edit ]
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 auxiliary of SRC. His first act after re-gaining the label was, as he did fifteen years sooner, signing the Wu-Tang Clan. [ 2 ] In August 2010 Rifkind signed rapper Joell Ortiz in a cope with SRC Records and Universal Motown Records. [ 3 ] The label had a batch with Universal Republic Records, subsequently the label was reverted to Republic Records.
Read more: Top 10 Best Songs of All Time
Reading: SRC Records – Wikipedia
On July 29, 2012, Steve Rifkind announced that he was leaving Universal Records on September 1, 2012 .