ABSTRACT
Music business founded by record producer Charles Koppelman (b. 1940), along with Stephen Swid and Martin Bandler, in 1986, through the purchase of CBS’s musicpublishing holdings. Swid left the firm early in its existence, but Bandler and Koppelman built it into a large publishing house. Three years later, the duo sold its publishing business to EMI and used the proceeds to start a record label. Their greatest success came in the early 1990s with the teen-pop harmony group Wilson Phillips and the rapper Vanilla Ice. By 1992, Bandler and Koppelman sold out to EMI; Bandler is currently head of that firm’s music-publishing business, and Koppelman remained at EMI running its pop labels until 1998, when he went into investment banking running CAK Entertainment in partnership with Prudential Securities.
