A Jazz Label That Makes Money

Blue Note Records, owned by another big company, EMI, is a legend in jazz recording. But though jazz isn’t a big seller, Blue Note is consistently profitable. “That financial stability gives CEO Bruce Lundvall and the label’s musicians the freedom to follow their vision and to take risks. It also means Blue Note is a force for enriching and continuing the genre. Last week, it picked up another award for Best Jazz Label from the Jazz Journalists Association – an indication that even with the addition of a broader range of artists, it hasn’t lost its roots.”