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PRT Records

Address:
132 Western Road
Mitcham, Surrey CR4 3UT
Country:
United Kingdom
Phone number:
N/A
Status:
closed
Styles/specialties:
Various
Founding date :
December 31st, 1980
Parent label:
Sanctuary Records
Sub-labels:
Splash Records
Online shopping:
N/A

No bands are currently signed on PRT Records.
Band Genre Country #
Band Album Type Year Catalog Format Description

Description

Formerly known as Pye Records. When the rights to the Pye name expired around Sept. 1980, the label changed its name to PRT (Precision Records & Tapes), and then only to PRT Records, which became effective Dec. 31, 1980.

PRT Records handled distribution for BBC Records and Tapes, Jive and Calibre Records (alternately known as Calibre + Plus!), as well as Sugar Hill and Buddah. In 1980, these distribution arrangements scuttled a proposed merger with RCA Records, leading to the label's downsizing.

In late 1989, swept up in the financial troubles of controlling owner Alan Bond, PRT ceased operations in 1990 and sold its catalog to Castle Communications the same year.

The company was officially liquidated on Dec. 11, 2013. The Pye / PRT Records catalog is now owned by Universal Music Group (prior to 2013) / BMG Rights Management (post-2013) unit Sanctuary Records, but following Universal's acquisition of EMI Group's US and selected international interests and Virgin Records Ltd, the corporation had to sell-off some of its assets.

Trivia

Label Code: LC 7140 / LC 07140

Added by: (Unknown user) Modified by: Gutterscream
Added on: N/A Last modified on: 2021-06-09 10:03:15
 
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