Music Industry Entities

The Music Industry Program Entities, or the MAD Dragon Music Group (MDMG), is an umbrella company owned by Drexel University, run by University students and overseen by faculty and staff. The purpose of the company is to provide industry experience to the students in the Music Industry Program. The companies of MDMG include MAD Dragon Records, DraKo Booking (a booking agency), MAD Dragon Publishing (a publishing company), MADKo Concerts (a concert promotion company) and Bantic Media (an artist services company).

The brainchild of Jonathan Estrin, the Dean of the college at that time, the Music Industry Program came about in 2000 when he came to Drexel to head the College of Media Arts and Design and wanted to revive the sub-par music program, "re-envisioning the media-oriented university for the new century." Part of the process was redesigning the curriculum, which showed that the music program would need an overhaul and the addition of a recording studio. After obtaining $250,000 in funding staffing was hired for the program.Marcy Rauer Wagman, an entertainment lawyer and former songwriter/producer, was hired to teach about industry law, business models, royalties, and create and manage a student-run record label. The concept of having an umbrella organization was the brainchild of Wagman in 2003 as a way for students to have experience in all aspects of the music industry.

MAD Dragon gets its name from the college itself. When Estrin was Dean the college was named the College of Media Arts and Design (CoMAD). The abbreviation of the college combined with the school's mascot, the dragon, gave the company its name.

The record label is called MAD Dragon Records and is the only student run record label with a national distribution deal. It was signed through RYKO Distribution in Spring 2005 and is run out of the University itself. The venture between Ryko and MAD Dragon allows the LPs that are produced to be distributed nationally while allowing the students to continue to work with the artist. MAD Dragon Records is currently distributed by the Alternative Distribution Alliance (ADA/Warner).

On December 18, 2007 MAD Dragon Records work on Hoots and Hellmouth's album won them the 2008 College Record Label Award from the Independent Music Awards (IMA). They won again in 2009 for their work on The Redwalls album. They received over 15 IMA nominations in 2009 and 2010.

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