Secretly Group has acquired a 50% stake in Merge Records, a renowned indie label known for its iconic releases. This acquisition comes as co-founder Laura Ballance steps down from her role, leaving fellow co-founder Mac McCaughan as president. The partnership will extend Merge's distribution deal with Secretly, integrating it into a network of labels. Ballance expressed a desire to pursue other passions beyond the music industry. The first release under this partnership will be Superchunk's upcoming album, set for global distribution.
It was never my goal to start a record label when I was 21 and run it for the rest of my life. I have been doing this for 36 years now.
I have known many of the people in the Secretly world for decades, and I know that they share Merge's dedication to artists and getting their music into the hands of as many people as possible.
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