In recent times, Kidz Bop has made its presence felt in the business sector and everybody wants to know who owns kidz bop. Here, you must know that it is a music group famed for producing family-friendly covers of famous pop songs. What is more interesting is the fact that the group focuses on promoting young talent. It is mainly formed with young performers within the age bracket of 9 to 12 years.
The reason behind the stunning growth and fame of this music group is the rising demand for family and child-friendly content. As a result, over the last few years, their fame and stature have increased rapidly. If you wish to know more about this company, then you should go through this article.
The Story of its Genesis
To give you the simple truth, the company was established in 2001. Within a short time, it has achieved significant prominence over the years. You might be interested to know that it was the brainchild of Craig Balsam and Cliff Chenfeld, co-founders of Razor and Tie.
As we have already mentioned, this music group has been a platform for young and talented dancers and singers. Typically, its members fall within the age group of nine to twelve years, and they specialize in creating catchy music covers.
Here you must know that on October 9, 2001, the group released its debut track. In fact, it is known for its commitment to crafting child and family-friendly versions of songs by removing the adult themes.
Their content has consistently secured high positions on the Billboard Hot 100 chart. Beyond music covers, Kidz Bop has diversified its offerings to include merchandise, music videos, live touring, and talent competitions.
Not confining its influence to the United States alone, Kidz Bop has expanded internationally, with a presence in countries such as Germany, the United Kingdom, France, and Mexico.
Who Owns Kidz Bop?
We already know that this is a music group famed for producing family-friendly covers of famous pop songs. As a result of its growing popularity, people are looking for its owner. Therefore, let me tell you that the group is under the ownership of Razor & Tie, often recognized as RT Industries.
This company stands as one of the foremost independent music labels on a global scale. In addition to managing Kidz Bop, Razor & Tie is involved in producing music covers, biopics, movie musicals, animations, and documentaries. In the year 2018, Concord Music acquired Razor & Tie, further influencing the company’s operations and reach.
The CEO
Here you must know that this group is led by a president instead of a CEO. The current president of KIDZ BOP, Sasha Junk, has been an integral part of the company for 13 years. During a phone conversation we had in late April, she shared valuable insights about the brand’s sustained success.
Throughout her time with the company, Junk has been responsible for the introduction of KIDZ BOP’s touring division and a significant collaboration with Live Nation. In fact, she has also observed the business undergo a transformation parallel to the changes in the music industry.
Considering that the group was widely known for its CD covers, this transition might appear quite surprising. However, Junk emphasizes that it has opened up numerous opportunities, stating that the “barrier to entry was reduced.”
The Elise Ecklund Rumour
On an interesting note, an erroneous information circulated on the internet, falsely asserting that Elise Ecklund, the YouTuber was the owner of the group. This misinformation emerged following a video posted by Elise, where she conducted an online search to determine the group’s owner.
The search results erroneously indicated that she was the owner. On June 5, 2022, the YouTuber humorously addressed the situation on Twitter, quipping, “Apparently I own a multi-million dollar company…
The Most Popular Kidz Bop Singer
This group has a history of producing famous talents for the industry. Surprisingly, Zendaya, now a two-time Golden Globe winner, has a background as a KIDZ BOP alum. Moreover, former Disney star Ross Lynch, who has transitioned into more mature roles, including portraying serial killers, also has his roots as a KIDZ BOP star. Becky G, known for her catchy synth-pop hit ‘Shower,’ honed her early skills within the KIDZ BOP music factory.
Album Count
Since 2001, a total of 74 albums have been released by the label, with an average of four albums issued each year.
Kidz Bop 2023 Net Worth
As of now, the group has earned a net worth of $3.5 million.
Also read: CupBop Net Worth 2023
