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Motown

Motown is an American record label owned by the Universal Music Group. Founded by Berry Gordy Jr. as Tamla Records on January 12, 1959, it was incorporated as Motown Record Corporation on April 14, 1960. Its name, a portmanteau of ''motor'' and ''town'', has become a nickname for Detroit, where the label was originally headquartered.

Motown played a vital role in the racial integration of popular music as an African American-owned label that achieved crossover success with white audiences. In the 1960s, Motown and its subsidiary labels (including Tamla-Motown, the brand used outside the US) were the most prominent exponents of what became known as the Motown sound, a style of soul music with a mainstream pop-influenced sound and appeal. Motown was the most successful soul music label, with a net worth of $61 million. Between 1960 and 1969, Motown had 79 songs reach the top-ten of the ''Billboard'' Hot 100 .

Following the events of the Detroit Riots of 1967, and the loss of key songwriting/production team Holland–Dozier–Holland that year over royalty disputes, Gordy moved Motown to Los Angeles, California and it expanded into film and television production. It was an independent company until MCA Records bought it in 1988. PolyGram purchased the label from MCA in 1993, followed by MCA successor Universal Music Group, which acquired PolyGram in 1999.

Motown spent much of the 2000s headquartered in New York City as a part of the UMG subsidiaries Universal Motown and Universal Motown Republic Group. From 2011 to 2014, it was a part of The Island Def Jam Music Group division of Universal Music. In 2014, however, UMG announced the dissolution of Island Def Jam, and Motown relocated back to Los Angeles to operate under the Capitol Music Group, now operating out of the Capitol Tower. In 2018, Motown was inducted into Rhythm and Blues Music Hall of Fame in a ceremony held at the Charles H. Wright Museum.

In 2021, Motown separated from the Capitol Music Group to become a standalone label once again. On November 29, 2022, Ethiopia Habtemariam announced that she would be stepping down as chairwoman/CEO of Motown. As of 2023, acts signed to Motown include City Girls, Migos, Lil Baby, Lil Yachty, Smino, Vince Staples, YoungBoy Never Broke Again, and several other artists in the hip hop and R&B genres. Provided by Wikipedia