Friday 1 July 2011, 10:54 | By

Elton John outlines new business venture

Business News Management & Funding

Elton John

Elton John has announced details about his new music company – the Rocket Music Entertainment Group – which he set up after recently parting ways with Twenty-First Artists, the management firm he founded way back in the day, but which he sold to Sanctuary in 2005, and which subsequently became part of Universal Music.

The new venture, apparently, is “an all-encompassing music company with the core of the business being focused in artist management”. On the launch roster, other than Elton himself, are the likes of James Blunt, Lilly Allen, Just Jack, Dirty Vegas, Pnau and Marina & The Diamonds.

Yesterday’s announcement confirmed the executives who have been recruited to run the enterprise, most of whom have worked for Elton and/or Twenty First Artists in the past. They include Frank Presland as Chairman, Todd Interland as CEO, John Barbis as Chairman North America, Mike Tierney as GM, and Will Ashurst as COO.

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