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31: Dramatico Entertainment

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Dramatico was set up in 2000 by Mike Batt, one of Britain’s best-known songwriters and composers – most famously known for penning Art Garfunkel’s “Bright Eyes”, as well as the theme tune for the Wombles. Batt began his career in music at the age of 18 as a signed artist. Since then he has scored eight hit singles and four gold albums, many of which he licensed out to the likes of EMI and Sony for a lucrative sum. “When I set up Dramatico, I decided to buy back the licensing rights to all my songs and create a company that serves as a vehicle for my own endeavours as a musician, as well as being a record label for signing new artists.” Batt hasn’t looked back since.

Dramatico now manages Katie Melua – the biggest-selling British female artist in the world last year – and has recently signed Carla Bruni, the now much-coveted First Lady of France. Batt accredits Dramatico’s success to the diversification of the music industry in recent years: “The move of music online has given independent record labels an edge because we can be much more nimble in responding to change. It’s a classic David and Goliath story.” Batt invested £1m in setting up Dramatico – today it turns over £24m.www.dramatico.com

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