| PIAS | |
| Type: | Private |
| Founded: | in Brussels, Belgium |
| Founders: | Kenny Gates Michel Lambot |
| Location City: | Brussels |
| Location Country: | Belgium |
| Locations: | 19 |
| Area Served: | Worldwide |
| Owner: | [PIAS] |
| Num Employees: | 250+ |
| Divisions: | [PIAS] Recordings [PIAS] Artist & Label Services |
PIAS is a Belgian corporation that specialises in independent music recording, licensing, distribution, sales, and marketing. The company was founded in 1983 by Kenny Gates and Michel Lambot in Brussels, Belgium,.[1] It has over 250 employees, with 19 offices around the world. The group funds and partners with independent labels and artists.
In 2022, Universal Music Group acquired 49% of the PIAS Group.[2]
Within [PIAS] Recordings[3]
Michel Lambot and Kenny Gates met circa September 1981 at Michel's record store then called "Casablanca Moon", exclusively selling records from independent labels and they quickly became friends.
In June 1982 the store "Casablanca Moon" was closed down and they made plans to start an import company named "Play It Again Sam". Play It Again Sam started importing from the UK in October 1982 and were based in the basement of Kenny's parents' house in Brussels, Belgium. Michel and Kenny were then respectively 21 and 19 years old. The company was incorporated in March 1983 with a starting capital of €5000 and the strategy rapidly became a "distributor" rather than an importer / wholesaler; that meant offering a full range of services to labels, such as promotion and marketing. The activities were then extended to production through the creation of their own label in 1984.[1] In 1990, [PIAS] set up offices in Hilversum, Holland, then followed the takeover of Vital in 1993 (which was renamed [PIAS] UK in 2008). [PIAS] offices were set up in Paris and London in 1994, in Hamburg in 1995, in Madrid in 2000 and in New York in 2013 as well as two joint ventures called [PIAS] Nordic in Scandinavia and [PIAS] Australia.[1]
In early 2013, [PIAS] acquired Cooperative Music (and the Coop-owned V2 Records label) from Universal Music Group, for a fee in the region of £500,000 forming the new business division [PIAS] Cooperative.[6] The same year, [PIAS] acquired Rough Trade Distribution in the Benelux.[7]
[PIAS] and Universal Music entered into a strategic global alliance on 9 June 2021. The agreement will see UMG finance [PIAS] in addition to accessing the company's international distribution network.[8]
In November 2022, Universal Music Group purchased a 49 percent stake in PIAS. As part of the deal, the catalogues of several Universal artists were transferred to PIAS, including Jurassic 5, DJ Shadow, The Dandy Warhols, Texas, and Eels.
On 8 August 2011, during the 2011 riots in England, a Sony DADC warehouse in the London Borough of Enfield which also acted as PIAS' primary distribution centre was destroyed by fire. Most of PIAS' inventory was considered lost including records from the over 100 British independent labels which PIAS distributes.[9] [10] Several album and single releases were affected by the fire,[11] including the Arctic Monkeys single "The Hellcat Spangled Shalalala", the Battles single "My Machines" and the Charlie Simpson album Young Pilgrim.[12] [13] The total stock loss was reported to be between 3.5 million[14] and 25 million[15] units.
PIAS distributes and services over 100 independent labels including the following: