The Beggars Group has been in business for over thirty years and is owned and managed by Martin Mills. Its musical focus remains fiercely alternative. As of 2017, the main labels that form the group are 4AD, Matador Records,[2] Rough Trade Records[4], XL Recordings and Young Turks. The company owns 4AD (the label itself a Beggars Banquet imprint) outright, and retains a 50% stake in each of the others. Older labels within the group, including Beggars Banquet itself and Too Pure, are now part of Beggars Arkive, which is the catalog department for its labels that are no longer active. [5]