06/19/07 - New Zealand's Dawn Raid Back In Business

J-Banks · 06-19-2007, 12:55 PM

New Zealand's Dawn Raid Back In Business
Published Tuesday, June 19, 2007 10:17 AM

By Chris Richburg

South Auckland, New Zealand-based record label Dawn Raid has come out of liquidation and will return to the music scene.

The move, which became official May 8, was made possible by South Pacific Pictures CEO John Barnett and Michael Stiassny, chairman of Auckland's Vector Arena.

According to Stuff.co.nz, the businessmen are now silent partners in the Dawn Raid labe and have installed Dawn Raid founders Andrew "YDNA" Murnane and Danny "Brotha D" Leaosavai'i to handle the day-to-day operations of the company, which now trades under the title Dawn Raid Music Ltd.

The decision to recruit Murnane and Leaosavai'i was a logical one for Barnett, who developed a relationship with the duo from their work on the soundtracks for the films Whale Rider and Sione's Wedding.

"Dawn Raid has provided lots of opportunities for young talent in the past and now it will continue to do so," Barnett said. "In the future it will grow further and be able to capitalize on that talent."

The reemergence of Dawn Raid is a turnaround from the company's status a short time ago.

In April, the label went liquidation as it owed more than $400,000 to the Internal Revenue Department in New Zealand.

Murnane and Leaosavai'i cited a shift in the local urban music market and illegal downloading of Dawn Raid music as the reason behind the company's demise.

As a result, artists under Dawn Raid were released from their contracts and the company's Papatoetoe, south Auckland, office and studio was cleared and equipment put up for sale.

"A lot of people believed in us and we had about 10 investors come forward after we went into liquidation," said Murnane. "John and Michael appealed because they understand what we do and will let us continue doing it -they'll be silent partners."

Efforts are currently underway for Dawn's Raid's musical return.

Murnane and Leaosavai'i have not only resumed their relationship with Warner Bros. Records, but have bought back all the company's assets, including the entire back catalogue and publishing rights.

"We're negotiating with the artists and they're all pretty positive about coming back," Leaosavai'i told Stuff.co.nz. "But it doesn't worry us if they have moved on - we don't want to hold anyone back. We've always been a label that develops new talent and we'll continue to do that. There are already several new artists I'm looking into and I'm always accepting demos."

Source-allhiphop

Drizzy · 06-19-2007, 01:17 PM

Propzzzzzzzzzzzz

GMNRecordsCT3 · 06-19-2007, 01:48 PM

ok...................

MC B STREETZ · 06-19-2007, 07:11 PM

yessurrrrr

Behind Tha Beatz · 06-19-2007, 09:07 PM

dont know who the are but they are goin to fall off again. thats even if there on. BLACKWALLSTREET BITCH

West Coast G 365 · 06-21-2007, 01:39 AM

Quote:

Originally Posted by Behind Tha Beatz

dont know who the are but they are goin to fall off again. thats even if there on. BLACKWALLSTREET BITCH

ITS NEW ZEALAND STUFF DUMB SHIT OFCOURSE YOU WULDN'T KNOW U 2 BUSY RIDING GAMES DICK ALL THE TIME

06-19-2007, 12:55 PM	#1
J-Banks Super Moderator Join Date: Feb 2005 Location: Providence, RI Posts: 21,015 Repped: 5,294 Repped 53,425 Times in 7,839 Posts Blog Entries: 1 Neg Reps: 53 Neg Repped at 93 Times in 86 Posts	06/19/07 - New Zealand's Dawn Raid Back In Business 06/19/07 - New Zealand's Dawn Raid Back In Business New Zealand's Dawn Raid Back In Business Published Tuesday, June 19, 2007 10:17 AM By Chris Richburg South Auckland, New Zealand-based record label Dawn Raid has come out of liquidation and will return to the music scene. The move, which became official May 8, was made possible by South Pacific Pictures CEO John Barnett and Michael Stiassny, chairman of Auckland's Vector Arena. According to Stuff.co.nz, the businessmen are now silent partners in the Dawn Raid labe and have installed Dawn Raid founders Andrew "YDNA" Murnane and Danny "Brotha D" Leaosavai'i to handle the day-to-day operations of the company, which now trades under the title Dawn Raid Music Ltd. The decision to recruit Murnane and Leaosavai'i was a logical one for Barnett, who developed a relationship with the duo from their work on the soundtracks for the films Whale Rider and Sione's Wedding. "Dawn Raid has provided lots of opportunities for young talent in the past and now it will continue to do so," Barnett said. "In the future it will grow further and be able to capitalize on that talent." The reemergence of Dawn Raid is a turnaround from the company's status a short time ago. In April, the label went liquidation as it owed more than $400,000 to the Internal Revenue Department in New Zealand. Murnane and Leaosavai'i cited a shift in the local urban music market and illegal downloading of Dawn Raid music as the reason behind the company's demise. As a result, artists under Dawn Raid were released from their contracts and the company's Papatoetoe, south Auckland, office and studio was cleared and equipment put up for sale. "A lot of people believed in us and we had about 10 investors come forward after we went into liquidation," said Murnane. "John and Michael appealed because they understand what we do and will let us continue doing it -they'll be silent partners." Efforts are currently underway for Dawn's Raid's musical return. Murnane and Leaosavai'i have not only resumed their relationship with Warner Bros. Records, but have bought back all the company's assets, including the entire back catalogue and publishing rights. "We're negotiating with the artists and they're all pretty positive about coming back," Leaosavai'i told Stuff.co.nz. "But it doesn't worry us if they have moved on - we don't want to hold anyone back. We've always been a label that develops new talent and we'll continue to do that. There are already several new artists I'm looking into and I'm always accepting demos." Source-allhiphop __________________ JBanksblog.com - check it out __________________

06-19-2007, 01:48 PM	#3
GMNRecordsCT3 Macaroni wit the Cheeesse Join Date: May 2005 Location: Wash Heights, NYC Posts: 17,607 Repped: 6,779 Repped 2,309 Times in 618 Posts Neg Reps: 202 Neg Repped at 50 Times in 40 Posts	ok................... __________________ myspace.com/bummydavis - soundclick.com/gmnproductions "The name on my car insurance is YOUR FUKIN FAULT!!"

06-19-2007, 07:11 PM	#4
MC B STREETZ YAYO'S ADVOCATE/HYPE MAN Join Date: Nov 2006 Location: FIND ME IN YA CRIB WIT DA NINA WHERE DA MONEY AT Posts: 18,199 Repped: 3,566 Repped 21,972 Times in 2,200 Posts Neg Reps: 58 Neg Repped at 51 Times in 45 Posts	yessurrrrr __________________ "I'M A LOUDMOUTH NIGGA BUT MY RUGER SILENT" -TONY YAYO A.K.A TALK OF NEW YORK "ALL YAYO ENEMYS ARE ALL OF MY ENEMYS" - MC B STREETZ A.K.A YAYO'S NINJA

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06-19-2007, 01:17 PM	#2
Drizzy aKa dRiZz Join Date: Jun 2007 Location: UK Posts: 3,844 Repped: 609 Repped 1,674 Times in 252 Posts Neg Reps: 1 Neg Repped at 7 Times in 5 Posts	Propzzzzzzzzzzzz

06-19-2007, 09:07 PM	#5
Behind Tha Beatz liv 4 evrythin,Di 4 Notin Join Date: May 2007 Location: tha Chi Muthafucka Posts: 705 Repped: 213 Repped 0 Times in 0 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	dont know who the are but they are goin to fall off again. thats even if there on. BLACKWALLSTREET BITCH