Kill Rock Stars, the label that launched landmark records by Bikini Kill, Elliott Smith, Bratmobile, and several others, is now under new ownership. Exceleration Music, an investment firm managed by music industry figures, announced the acquisition on Tuesday. Kill Rock Stars founder Slim Moon shared a brief statement about the new arrangement:
Kill Rock Stars marked its 30th anniversary last year, issuing an expansive covers compilation to commemorate it. Exceleration has also recently overtaken ownership of Bloodshot Records after the departure of its co-founders.
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