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Endpoint: CBS Records



created on: 4/02/2019
by: Lo55o (12465)
 
 

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General info :
CBS Records was a label name from CBS, Inc.
Columbia Records was acquired by CBS, Inc. in 1938. In 1962, CBS launched CBS Records International to market Columbia recordings outside of North America, where the Columbia name was controlled by other entities. In 1966, CBS Records was made a separate subsidiary of Columbia Broadcasting System, Inc. CBS sold the CBS Records Group to Sony on November 17, 1987, initiating the Japanese buying spree of U.S. companies (such as MCA, Pebble Beach Co., Rockefeller Center and the Empire State Building) that continued into the 1990s.
The record label company was rechristened Sony Music Entertainment in 1991, as Sony had a short term license on the CBS name.

Sony purchased from EMI its rights to the Columbia Records name outside the U.S., Canada, Spain and Japan. Sony now uses Columbia Records as a label name in all countries except Japan, where Sony Records remains their flagship label. Sony acquired the Spanish rights when Sony Music merged with Bertelsmann subsidiary BMG in 2004 as Sony BMG, co-owned by Sony and Bertelsmann; Sony bought out BMG's share in 2008.

CBS Corporation formed a new record label named CBS Records in 2006.
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Music

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Item number : 25062

Submitted by : Lo55o (12465)
on : 04/02/2019