![]() In 1964, the company began acquiring record companies in other countries for its CBS Records International unit and established its own UK distribution outfit with the acquisition of Oriole Records. Ĭolumbia's international arm was launched in 1962 under the name "CBS Records", as the company only owned the rights to the Columbia name in North America. By 1962, the Columbia Records productions unit was operating four plants around the United States located in Los Angeles, California Terre Haute, Indiana Bridgeport, Connecticut and Pitman, New Jersey. Columbia's success continued through the 1950s with the launch of Epic Records in 1953 and Date Records in 1958. Edward Wallerstein, who served as the head of Columbia Records since the late 1930s, helped establish the company as a leader in the record industry by spearheading the successful introduction of the LP record. The company was later renamed Columbia Recording Corporation, and changed again to Columbia Records Inc. In 1938, ARC was acquired by the Columbia Broadcasting System (CBS) under the guidance of chief executive William S. The company grew for the next several years, with it acquiring other brands such as the Columbia Phonograph Company, including its Okeh Records subsidiary, in 1934. The American Record Corporation (ARC) was founded in 1929 through a merger of several record companies. Main article: American Record Corporation History 1929–1938: American Record Corporation Its music publishing division Sony Music Publishing (formerly Sony/ATV) is the largest music publisher in the world. ![]() Īs of 2023, Sony Music Entertainment is the second largest of the " Big Three" record companies, behind Universal Music Group and followed by Warner Music Group. The merger was completed on August 1, 2019. On July 17, 2019, Sony announced a merger of Sony Music Entertainment and music publishing arm Sony/ATV to form the Sony Music Group. Arista Records would later be revived in 2018. This buyout led to labels formerly under BMG ownership, including Arista, Jive, LaFace and J Records into former BMG and currently Sony's co-flagship record label, RCA Records, in 2011 and led to the relaunch of BMG as BMG Rights Management. In 2004, Sony and Bertelsmann established a 50–50 joint venture known as Sony BMG to handle the operations of Sony Music and Bertelsmann Music Group (BMG), but Sony bought out Bertelsmann's stake 4 years later and reverted to using the 1991 company name. Sony bought the company in 1991 and renamed it to its current name. ![]() In 1966, the company was reorganized to become CBS Records. įounded in 1929 as American Record Corporation, it was acquired by the Columbia Broadcasting System in 1938 and renamed Columbia Recording Corporation. It is the recording division half of the Sony Music Group, with the other half being the publishing division, Sony Music Publishing. Sony Music Entertainment ( SME), simply known as Sony Music, is an American-Japanese multinational music company owned by Sony Entertainment and managed by the American umbrella division of multinational conglomerate Sony. See List of Sony Music Entertainment labels
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