Atlantic Records has had a very good year.
Details on the label’s enviable winning streak (bolstered by newcomer Cardi B) below…
The company, which was once home to icons Lil Kim and Missy Elliott, made major moves this year when it signed Cardi and assumed full control of her bourgeoning career.
Today, the booming business has learned that their decision has paid off…big time.
With Cardi’s help, it outperformed its rivals Def Jam, Disney and Epic and injected enough cash into its parent label Warner to make it the third strongest label in the market this year.
Quite interestingly, the label also ran rings around Cash Money (housed by Universal) despite the fact that that company is home to the year’s highest-selling female rapper Nicki Minaj.
Pure sales picked up the rapper’s material flew north of the 2 million point globally but did little to help Cash Money as the business is crushed under the weight of Lil Wayne‘s feud with CEO Birdman.
Minaj has sold over 20 million singles and albums worldwide.