RMM Records & Video

[Ralph Mercado Management] RMM Records & Video Corp.
Parent company Universal Music Group
Founded 1972
Founder Ralph Mercado
Defunct 2001
Distributor(s)

Sony Discos (1990-1995)

Universal Music Latino (1996-present)
Genre Salsa, Merengue, Tropical, Latin Jazz

RMM Records, also known as the RMM Records & Video Corp, was an independent Latin music record label established in 1987 and based in New York City. The label was most active during the late 1980s and early 1990s and produced primarily salsa, Latin jazz and merengue music. At its peak, RMM Records employed 55 staff members and had distribution deals in 42 cities around the world, occupying 9,000 square feet in two floors at its Soho headquarters. The label was established by Fania Records promoter Ralph Mercado who also established RMM Management, an artist management and booking agency.

Artists who recorded for the label included Tito Puente, Celia Cruz, Oscar D'León, Eddie Palmieri, Cheo Feliciano, Ismael Miranda, José Alberto 'El Canario', Tony Vega, Tito Nieves, Johnny Rivera, Ray Sepúlveda, Domingo Quiñones, Miles Peña, Orquesta Guayacan, Conjunto Clasico, Manny Manuel, the New York Band, Marc Anthony, arranger Sergio George, Isidro Infante, and Linda Caballero, also known as La India. The label also recorded the Fania All-Stars, a group of singers and studio musicians from the heyday of Fania Records, the powerhouse salsa label from the 1960s and 1970s.

Empire and legacy

RMM filed for bankruptcy in November 2000, selling its assets to Universal Music Group.[1] According to the NYTimes,[2] unpaid royalties, as well as a lawsuit settlement of $7.7 million to Glenn Monroig totaling over $11 million, plus interest, contributed to the end of RMM Records. On June 25, 2001, as part of the Chapter 11 bankruptcy sale, Universal Music Group (UMG) announced the acquisition of RMM’s assets.[3]

Founder and key staff

Familiar recordings

Artists

Labels

See also

References

  1. ↑ "United States Bankruptcy Court Southern District Of New York" (PDF). United States Courts. Retrieved 2014-11-07.
  2. ↑ "For Sale...RMM Records". The New York Times. Retrieved 2014-04-12.
  3. ↑ "Universal Music Group". cvK6ffb8uyx. p. 1. Archived from the original on 20 March 2012. Retrieved 9 April 2012.
  4. ↑ Billboard. cvK6ffb8uyx. p. 42. Archived from the original on 20 March 2012. Retrieved 9 April 2012.
  5. ↑ "Debra A. Mercado". cvK6ffb8uyx. Retrieved 26 April 2012.
  6. ↑ "RMM Records and Videos Corporation". Facebook. Retrieved 2012-04-09.
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