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Record Labels

Drake's OVO Sound Label Announces Partnership With Santa Anna Label Group

The influential Toronto record label will be receiving distribution, marketing, label services and more from the American Sony Music venture, headed by Alamo founder Todd Moscowitz.

OVO Sound logo

OVO Sound logo

Global superstar Drake is making moves to expand his influence. His OVO Sound label has announced a new partnership with the Santa Anna Label Group, an artist and label services company launched by Sony Music last year.

Through the partnership, OVO will remain a distinct label with its own roster, but will benefit from distribution, marketing and promotion, A&R services, finance and accounting, and more from the American company.


Santa Anna is a new venture, launched in January 2023 by Sony Music and Alamo Records CEO Todd Moscowitz, with the goal of helping artists and entrepreneurs to develop their businesses within the industry. This isn't Moscowitz's first encounter with the Toronto label: the industry executive was CEO of Warner Records in 2012, when OVO was originally founded under the Warner banner.

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“After 10 years, it’s exciting to reunite with the OVO Sound team to collaborate on new ways to support their impressive roster of artists," Moscowitz said of the new partnership. "Together, I look forward to working with a best-in-class management team to develop opportunities to help scale their business and take their artistry to new heights.”

OVO was founded by Drake, producer Noah "40" Shebib and manager Oliver El-Khatib. The roster includes popular Toronto talent like Majid Jordan, DVSN and PARTYNEXDOOR, and is headed by former Warner A&R executive Mr. Morgan. This new announcement comes after Majid Jordan's fall 2023 release of their latest LP, Good People, and ahead of PARTYNEXTDOOR's P4, expected soon.

The OVO brand — October's Very Own, named after Drake's birth month — includes live music at OVO Fest and a brick-and-mortar clothing store in Toronto, as well as the label. In the decade-plus since OVO's launch, the label has largely focused on Canadian acts, though they also represent Dutch artist (and their first female signee) Naomi Sharon.

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The partnership indicates that Drake's business ambitions are only growing. Will OVO expand its focus beyond Canada? Or will the new investment be directed towards discovering new artists like 6ixBuzz collaborator Smiley?

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Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy
Photo by Tech Daily on Unsplash
Streaming

Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy

As the U.S. government and major online streamers like Spotify and Apple Music push back against the so-called "streaming tax," the Canadian federal government will make its own investment to "provide stability and immediate support to Canada’s audio and audiovisual sectors."

The Canadian government is stepping in to support Canadian music and media amidst debates around the Online Streaming Act.

This morning (June 3), the government announced that it will offer immediate financial support for music, audio and audiovisual media with a $600 million yearly investment. The release says funding will "provide stability and immediate support to Canada’s audio and audiovisual sectors and keep our culture accessible and affordable for all Canadians."

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