Legendary Canadian Music Label Solid Gold Records Acquired by Linus Entertainment
Submitted to Cashbox Canada
Solid Gold Records, one of the most successful independent Canadian labels in the 1980s, with multiple Gold and Platinum albums and a string of Top 10 radio hits, has been acquired by Linus Entertainment.
The Solid Gold catalog includes recordings from such legacy Canadian rock bands as Chilliwack, Headpins, and Toronto, whose songs "My Girl Gone, Gone, Gone", "Watcha Gonna Do", "Don't It Make Ya Feel", "Turn It Loud" and “Your Daddy Don’t Know” were radio anthems that tore up Canadian and US charts. The deal also includes publishing for Toronto songs including "Lookin' For Trouble", "Girls Night Out" and "Enough Is Enough", that topped Canadian radio charts and established Solid Gold Records founders Steve Propas and Neill Dixon as legendary record men in Canada.
In the late 80’s the label stopped actively signing new artists, Neill went on to establish the successful Canadian Music Week Conference. Reached at his Toronto office, Neil Dixon went on to say, “I hope they revive the brand and bring some new artists on board. Geoff’s first job in the industry was working for Solid Gold so he is totally familiar with the label, He was trained by the best.’
Steve went on to launch Propas Management Corporation (PMC) and became one of the most respected international deal makers and negotiators, setting up strategic international partnerships for individual labels and brands as well as artists. Steve also revitalized the Solid Gold catalog along with his new partner, music and entertainment lawyer Ed Glinert.
Sadly Steve passed away suddenly August 2nd 2011, three short months after his friend, colleague and partner in Solid Gold Ed Glinert passed away on May 21st. Ed was a founder of Casablanca Media Publishing, one of Canada’s largest independent music publishers and on the board of directors of SOCAN.
Jennifer Mitchell, co-founder, partner and now President of Casablanca, and Monica Miller, Steve Propas’ spouse and President of Propas Management Corp, stated of the sale to Linus, “we are pleased that the Solid Gold Records catalog is in the hands of a Canadian company that understands and appreciates the historical importance of these classic Canadian recordings and will ensure they are heard for years to come. “
Linus Entertainment is a leading Canadian independent music company, whose associated companies include True North Records, The Children’s Group, and IDLA. President Geoff Kulawick stated, “I am proud to be associated with the Solid Gold catalog again. It is bittersweet. My first job in the business was at Solid Gold, and Steve was a mentor throughout my career. We talked about this deal many times.”