Who renamed punk rock to new wave in October 1977?
Seymour Stein, the founder of Sire Records, launched a calculated campaign in October 1977 to rename the music that was rapidly consuming the underground scene. He did not want to call it punk because the word carried a stigma of violence and danger that would make his artists unmarketable to the mainstream American public. Stein and other industry insiders decided to rebrand the movement as new wave to distance the music from the chaos of the streets and make it palatable for radio play and record sales.