In late 1999, Iovine and Doug Morris, then the CEO of Universal Music Group, announced the launch of Doug and Jimmy's Farm Club, a label which signed artists based on music uploaded to a website, farmclub.com. A partnership with AOL and USA Networks, it aired a weekly one-hour television show featuring unsigned and established artists. A $25 million investment, Doug and Jimmy's Farmclub lasted only 15 months. In a 2015 interview with Billboard, former Seagram CEO Edgar Bronfman said: "At the end of the day, it didn’t have a great reason for being."[1]

References

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  1. ^ Camps, Garrett (September 18, 2015). "Jimmy Iovine and Doug Morris Reminisce About Their Wild Late-Night TV Show 'Farmclub': 'We Didn't Know How to Do Television, We Just Did It'". Billboard. Retrieved 21 September 2015.