Famous Music Group
For a number of years, Famous Music also had a record label group division which included Blue Thumb Records, Dot Records and Paramount Records. In 1974 these were acquired by ABC Records for $5.5 million with most of the Famous labels absorbed into ABC Records.
Famous had distribution deals with Neighborhood Records and Sire Records, the latter of which continued under ABC until 1977.
The catalogs of all the ABC/Famous Music labels are now owned by Universal Music Group (with some exceptions, for example, the 1968-1970 catalog of Stax Records, which during that period was owned by Famous, is owned by Concord Music Group, itself distributed by UMG.
Various labels under Universal manage different parts of the catalog depending on the genre. Here are some examples:
- Pop, rock, R&B: Geffen Records (founded by David Geffen, later a co-founder of DreamWorks)
- Country: MCA Nashville Records
- Jazz: Impulse! Records
- Classical: Deutsche Grammophon
- Musical theater: Decca Broadway
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—Dorothy Allison (b. 1953)
“Great music is that which penetrates the ear with facility and leaves the memory with difficulty. Magical music never leaves the memory.”
—Thomas Beecham (1879–1961)
“Instead of seeing society as a collection of clearly defined “interest groups,” society must be reconceptualized as a complex network of groups of interacting individuals whose membership and communication patterns are seldom confined to one such group alone.”
—Diana Crane (b. 1933)