As of 2006, Artemis Records was owned by Sheridan Square Entertainment LLC (SSE), an independent music company then based in New York.

[4] In November 2005, Richard Branson sold the North America division of his V2 Records label to SSE for $15 million.

Sheridan Square then merged all of its labels, including Artemis Records, into V2 North America.

[5] V2 North America, and subsequently Artemis, was shuttered in January 2007 following a restructuring.

[6][7] In 2009, the newly formed IndieBlu Music Holdings LLC acquired SSE's business, including V2 North America, in a UCC foreclosure auction.