Rumors started airing last friday about Artery Recordings being sold to Warner brothers for an undisclosed amount. The Entire staff including its president Shan Dan Horan were let go as soon as the deal was finalized. Capture and Slaves are both potentially releasing records through Warner after the purchase.
One might say, “So what is Warner’s plan?” My guess is probably just profit on the current roster of bands under the previous Artery Recordings Brand and elevate those popular bands higher on the Warner Brand.
As former President Shan Dan Horan explained:
“To address the rumors, yes, Artery has sold to Warner. I can’t disclose too much about the deal, but building up this company to a million record sales in just five years is a tremendous accomplishment for the fans, our artists and the team. I’m humbled and appreciate each and every band I’ve ever had the honor of developing at Artery Recordings. As we hand over the keys to Warner, I’m not quite sure their plans for the label or catalog, but I hope they keep the legacy alive. With new Slaves and Capture albums on the horizon, I’m sure the fans will be ecstatic. “
We will keep you updated as more news comes to surface.