ABC Records was an American record label, founded in New York City in 1955 as ABC-Paramount Records. It originated as the main popular music label operated the Am-Par Record Corporation, the music subsidiary of the American Broadcasting Company (then known as ABC-Paramount). Am-Par also established the Impulse! jazz label in 1961 and subsequently acquired a number of other labels before the entire division was sold to MCA Records in 1979.
ABC-Par...
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ABC Records was an American record label, founded in New York City in 1955 as ABC-Paramount Records. It originated as the main popular music label operated the Am-Par Record Corporation, the music subsidiary of the American Broadcasting Company (then known as ABC-Paramount). Am-Par also established the Impulse! jazz label in 1961 and subsequently acquired a number of other labels before the entire division was sold to MCA Records in 1979.
ABC-Paramount (full name "American Broadcasting-Paramount Theaters") -- the direct antecedent of the present-day American Broadcasting Company -- evolved from federal antitrust actions taken against the movie studios and broadcasting companies in the 1940s and early 1950s. As a result of a 1943 FCC action against anti-competitive practices, the Radio Corporation of America (RCA) was forced to sell off its broadcast subsidiary the Blue Network, the sister network of NBC, and Blue was purchased by the American Broadcasting System, Inc. In 1953 American...
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