Monte Lipman, chairman/CEO of Billboard's Top Label of 2022 RepublicRecords, breaks down some of the company's biggest victories and expansions of the year.
— what’s there not to be excited about? And then this past week we just dropped Metro Boomin, which is tracking to be No. 1. [] And through Imperial we had two No. 1s this year with Stray Kids, which is a K-Pop act. For us, I always say that if we don’t win the pennant, we’re not having a good year. And metaphorically, we won the pennant here. So that part of it feels good. But it’s really about what’s next, what does 2023 look like, what are we preparing for, etc.
You mentioned that artists now can record music in their bedrooms. Why did you want to open a new recording studio in New York City? Well first of all, you’re talking to one of the strongest advocates of New York City; it’s something that’s near and dear to my heart. I grew up here. The world headquarters of Republic Records is in Midtown, and it’s something that I feel very strong about. Investing in the community, investing in the city — New York City, for a long period of time, had been the epicenter of the music industry around the world, and one can argue that no longer exists. And the point is, we want to bring it back.
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