Parlophone
Parlophone Records Limited is a German-British record label founded in Germany in 1896 by the Carl Lindström Company as Parlophon. The British branch of the label was founded on 8 August 1923 as The Parlophone Company Limited, which developed a reputation in the 1920s as a jazz record label. On 5 October 1926, the Columbia Graphophone Company acquired Parlophone's business, name, logo, and release library, and merged with the Gramophone Company on 31 March 1931 to become Electric & Musical Industries Limited. George Martin joined Parlophone in 1950 as assistant label manager, taking over as manager in 1955. Martin produced and released a mix of recordings, including by comedian Peter Sellers, pianist Mrs Mills, and teen idol Adam Faith.
In 1962, Martin signed the Beatles, at the time a struggling band from Liverpool. During the 1960s, when Cilla Black, Billy J. Kramer, the Fourmost, and the Hollies also signed, Parlophone became one of the world's most famous labels. For several years, Parlophone claimed the best-selling UK single, "She Loves You", and the best-selling UK album, Sgt. Pepper's Lonely Hearts Club Band, both by the Beatles. The label placed seven singles at No. 1 during 1964, when it claimed top spot on the UK Albums Chart for 40 weeks. Parlophone continued as a division of EMI until it was merged into the Gramophone Co. on 1 July 1965. On 1 July 1973, the Gramophone Co. was renamed EMI Records Limited.
On 28 September 2012, regulators approved Universal Music Group's planned acquisition of EMI on condition that its EMI Records group would be divested from the combined group. EMI Records Ltd. included Parlophone and other labels to be divested and were for a short time operated in a single entity known as the Parlophone Label Group, while UMG pended their sale. Warner Music Group acquired Parlophone and PLG on 7 February 2013, making Parlophone their third flagship label alongside Warner and Atlantic. PLG was renamed Parlophone Records Limited in May 2013. Parlophone was the oldest of WMG's "flagship" record labels.
History
Early years
Parlophone was founded "Parlophon" by Carl Lindström Company in 1896. The name Parlophon was used for gramophones before the company began making records of their own. The label's ₤ trademark is a stylised blackletter L that stands for Lindström. On 8 August 1923, the British branch of "Parlophone" was established, led by A&R manager Oscar Preuss. In its early years, Parlophone established itself as a leading jazz label in Britain.EMI years and initial success
In 1927, the Columbia Graphophone Company acquired a controlling interest in the Carl Lindström Company, including Parlophone. Parlophone became a subsidiary of Electric & Musical Industries, after Columbia Graphophone merged with the Gramophone Company in 1931.In 1950, Oscar Preuss hired producer George Martin as his assistant. When Preuss retired in 1955, Martin succeeded him as Parlophone's manager. Parlophone specialized in mainly classical music, cast recordings, and regional British music, but Martin also expanded the reach into novelty and comedy records. A notable example was The Best of Sellers, a collection of sketches and comic songs by Peter Sellers undertaken in the guise of a variety of comic characters. It reached number three in the UK Albums Chart in 1958. Musicians signed to the label included Humphrey Lyttelton and the Vipers Skiffle Group.
A consistently successful act for Parlophone was teen idol Adam Faith, who was signed to the label in 1959. The label gained significant popularity in 1962 when Martin signed Liverpool band the Beatles. Parlophone gained more attention after signing the Hollies, Ella Fitzgerald, and Gerry and the Pacemakers in the 1960s. Martin left to form Associated Independent Recording Studios in 1965.
Parlophone became dormant in 1973 when most of the heritage labels were phased out in favor of EMI Records. Parlophone was revived in 1980. During the next decades the label signed Pet Shop Boys, Duran Duran, Roxette, Radiohead, Supergrass, Guy Berryman, the Chemical Brothers, Blur, Coldplay, Kylie Minogue, Damon Albarn, Conor Maynard, Gabrielle Aplin, and Gorillaz.
On 23 April 2008, Miles Leonard was confirmed as the label's president.
EMI merging with UMG and WMG acquisition
On 28 September 2012, regulators approved Universal Music Group's planned acquisition of Parlophone's parent group EMI for £1.2 billion, subject to conditions imposed by the European Commission requiring that UMG sell off a number of labels, including Parlophone itself, Chrysalis, Ensign, Virgin Classics, EMI Classics, and EMI's operations in Portugal, Spain, France, Belgium, Denmark, Norway, Sweden, Czech Republic, Slovakia, and Poland. These labels and catalogues were operated independently from Universal as Parlophone Label Group to prepare for a transaction early in 2013. UMG received several offers for PLG, including those from Island founder Chris Blackwell, Simon Fuller, a Sony/BMG consortium, Warner Music Group, and MacAndrews & Forbes.On 7 February 2013, it was confirmed that Warner Music Group would acquire Parlophone Label Group for US$765 million. The deal was approved in May 2013 by the European Union, which saw no concerns about the deal because of WMG's smaller reach compared to the merged UMG and Sony. Warner Music closed the deal on 1 July. Parlophone Label Group was the old EMI Records label that included both the Parlophone and the eponymous EMI labels. The EMI trademark was retained by Universal while the "old" EMI Records became defunct and was renamed "Parlophone Records Ltd."
Soon after acquiring Parlophone, WMG signed an agreement with IMPALA and the Merlin Network to divest $200 million worth of artists to independent labels in order to help offset the consolidation triggered by the merger. In April 2016, the back catalogue of British rock band Radiohead, who had sued Parlophone and EMI over a dispute in music royalties, was transferred to XL Recordings. It is distributed in the US by Parlophone's sister company Alternative Distribution Alliance.
WMG treats Parlophone as its third "frontline" label group alongside Atlantic and Warner. In the US, most of Parlophone's artists are now distributed under Warner Records. The only exceptions concern Dinosaur Pile-Up ; Coldplay and Tinie Tempah, both distributed under Atlantic Records, and David Guetta, distributed under Atlantic's electronic music imprint Big Beat Records.
The Beatles
Parlophone released The Beatles' albums up to Sgt. Pepper's Lonely Hearts Club Band. Subsequent releases – The White Album, Yellow Submarine, Abbey Road and Let It Be – were issued on the Beatles' Apple record label, distributed by EMI, and bearing Parlophone catalogue numbers.The Beatles deal is one of the cheapest made by Parlophone.
Despite the separation of Parlophone from EMI as a condition of EMI's acquisition by UMG, Universal was allowed to keep the Beatles' recorded music catalogue, which was assigned to the subsidiary Calderstone Productions.