Independent label +1 Records has signed a strategic global partnership with Exceleration Music, the companies announced Wednesday (Jan. 25).
Under the terms of the deal, Exceleration has made an investment in the +1 catalog and will provide support in distribution, marketing, operations, administrative services and more to power the label’s past and future releases. Jonny Kaps, +1 ‘s co-founder and CEO, will continue to lead the label while co-founder Nat Hays Boas is stepping down to pursue other opportunities.
The first new music under the partnership will include releases from Rejjie Snow, Nate Husser, Lo Village and Anna Shoemaker. Additional artists on the +1 roster include Anna of the North, Argonaut & Wasp, DavidTheTragic, Geordie Kieffer, is0kenny and Japan, Man. The label was established in 2008 by Kaps, Boas and Josh Swade; past releases include music by The Heavy and The Kooks.
Launched in January of 2021 by industry veterans Glen Barros, John Burk, Charles Caldas, Amy Dietz and Dave Hansen, Exceleration Music has made a number of big moves in the indie label space over the past two years. Among other deals, the company has invested in labels including Alligator Records, Mom + Pop and SideOneDummy and acquired Bloodshot Records, Kill Rock Stars, Heroic Music Group and jazz label Candid Records. Exceleration also has an agreement with the Ray Charles Foundation for special releases from the music legend’s vault.
Said Kaps in a statement, “+1 Records has always been different. We are an independent record label that comes from a management perspective, specializing in artist development. Our A&R prioritizes music and artists over data. I am so happy to partner with an independent company whose values, philosophies, strategies, and resourcefulness mirror our own. Together we will be an even great resource for independent artists.”
Added Dietz, “Jonny and the +1 team have built a vibrant and impactful label by focusing on artist development and being agile and innovative. From my first meeting with Jonny it was clear his passion, vision, and artist-first ethos, completely aligned with our mission at Exceleration Music. I know that by combining the talented +1 team, with the expertise and resources of the growing and talented Exceleration team, we will together take +1 and its artists into a bright future.”
“Our investment in +1 underscores one primary way in which Exceleration serves the independent music community,” said Barros. “Jonny has done a remarkable job of creating a cutting-edge label. We believe that, with our added human and financial resources, he will have the ability to take the label to the next level and beyond – way beyond! We can’t wait to see what the future holds for this partnership.”
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