Festival Records (later known as Festival Mushroom Records) was an Australian music recording and publishing company which was founded in Sydney in 1952 and operated until 2005. Festival was a wholly owned subsidiary of News Limited from 1961 to 2005, and the company was very successful for most of its fifty-year life, despite the fact that as much as 90% of its annual profit was regularly siphoned off by Rupert Murdoch to subsidise his other media ventures.
Famous quotes containing the words festival and/or records:
“Three times a year all your males shall appear before the LORD your God at the place that he will choose: at the festival of unleavened bread, at the festival of weeks, and at the festival of booths. They shall not appear before the LORD empty-handed; all shall give as they are able, according to the blessing of the LORD your God that he has given you.”
—Bible: Hebrew, Deuteronomy 16:16,17.
“Better the rudest work that tells a story or records a fact, than the richest without meaning.”
—John Ruskin (1819–1900)