MGM (1951-1953)
4 videos • 15 views • by Jason Madore MGM Records was founded by the Metro-Goldwyn-Mayer film studio in 1946 for the purpose of releasing soundtrack recordings (later LP albums) of their musical films. After the successful signing of Hank Williams, It transitioned into a pop and country music label that continued until 1972, when the label was sold to Polygram. The company also released soundtrack albums of the music for some of their non-musical films as well, and on rare occasions, cast albums of off-Broadway musicals. After Polygram acquired the label, they received perpetual rights to the "MGM Records" name and a ten-year license to use the MGM trademark and logo. In 1976, MGM Records, including its artists, was absorbed into PolyGram's Polydor Records. However, PolyGram continued releasing MGM soundtrack albums and reissues using the MGM Records imprint until 1982. Today, nearly all of their music catalog and recording masters is now managed by Universal Music Enterprises.