Beggars Group is a London-headquartered independent label group.
The Beggars Group has been in business for over forty years and is owned and managed by Martin Mills. Their musical focus remains fiercely alternative. As of 2017, the main labels that form the group are 4AD, Matador Records, Rough Trade Records, XL Recordings and Young. The company owns 4AD (the label itself a Beggars Banquet imprint) outright, and retains a 50% stake in each of the others. With its own worldwide network in place, unique in the independent sector, the Group now has three offices in London (two of which also house recording studios), two in the US (New York and Los Angeles), and a dedicated office in every major territory.
The company, which also runs an office in New York, continues to be run by its co-founder, Martin Mills, who originally established the company in 1977.
Its biggest artist successes have included Adele and The Prodigy (via XL), as well as Queens Of The Stone Age (via Matador) and The XX (via Young Turks).
FINANCIAL RESULTS
According to filings with UK Companies House, Beggars Group generated £63.1m ($83.4m) in total turnover in 2019.
That was down by £11.1m on the £74.2m Beggars generated in the prior year.
Its operating profit in 2019 stood at £3.7m ($4.9m) in 2019, down from £11.95m in 2018
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