Blue Raincoat: Chrysalis deal will 'keep the indie spirit alive'

Murray Stassen

Blue Raincoat Music’s Jeremy Lascelles says the independent sector will receive a big boost from his company’s acquisition of the storied Chrysalis Records from Warner Music Group.

The acquisition - which has come about as a result of the divestment process agreed by IMPALA, Merlin and WMG in 2013 after Warner’s purchase of the Parlophone Label Group – was revealed last week, and sees co-founder and original owner of Chrysalis Records, Chris Wright, reunited with the label 27 years after ...

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