Tom Silverman is the founder and CEO at Tommy Boy, a record label established in 1981. Silverman also co-founded the annual New Music Seminar, which initially ran from 1980 to 1994 and relaunched in 2009, and continues every June in New York City. He co-founded Dance Music Report magazine, which ran from 1978 to 1992. Tom co-founded the Dance Music Hall of Fame, which existed from 2003 to 2005. Silverman was also a vice president of Warner Bros. Records from 1985 to 2002, while Tommy Boy was an independently distributed subsidiary of that company.