Ten Music Group History
The company was founded by Swedish singer, composer and producer, Ola Håkansson in 2003, in Stockholm , Sweden .
Håkansson originally founded Stockholm Records in 1992 with Alexander Bard as a joint venture with distributor, PolyGram . In 1998, Håkansson and Bard sold their shares in Stockholm Records to Universal Music Group , who had purchased Stockholm's distributor, PolyGram in 1995.[ 4] [ 1]
In 2003, the company was founded as a publishing and production company which employed ex-Stockholm Records' songwriters and producers. In 2007, Håkansson turned the company into an independent record label , publishing, songwriting , management and production house , known as a 360-degree company , drawing inspiration from the business structures of Atlantic Records , Island and Motown .[ 1]
In May 2013, the company formed an alliance with Sony Music to handle select international releases for artists signed with Ten, and provide music recording and company facilities in London , Los Angeles and New York .[ 5]