Date founded 10 July 1969
|Founder Paramount Pictures|
Country of origin United States of America
|Parent company Paramount Pictures/Gulf+Western/Famous Music Group (1969-74)|
Status Defunct, sold to ABC Records in 1974, catalog now owned by Universal Music Group
Genre Pop music/ Movie soundtracks
Albums Country Casanova, Lost in the Ozone, Hot Licks - Cold Steel & Trucker, Friends, The Godfather
Paramount Records was a record label started in 1969 by Paramount Pictures (then a unit of Gulf+Western) after acquiring the rights to the name from George H. Buck. The previous label with the same name had been unconnected to Paramount Pictures. The new Paramount label reissued pop releases by sister label Dot Records, which became a country label. It also released new albums from other pop musicians and soundtracks to Paramount films such as Paint Your Wagon, among others. One notable artist signed on with the label was The Brady Bunch, from the TV series of the same name.
After Gulf+Western sold its record label holdings to ABC (which happened to have aired the Brady Bunch TV series) in 1974, the Paramount label was discontinued in favor of ABC Records, which itself was sold to MCA Records in 1979. The Paramount catalog is now owned by Universal Music Group and managed by Geffen Records (whose founder, David Geffen, later became a co-founder of DreamWorks, which was a sister studio to Paramount from 2006–08, and whose own record catalog is now owned by Universal).
On a side note, MCA continued to release soundtracks to some later Paramount films into the 1990s. 1998's Sliding Doors was the last Paramount release to have its soundtrack issued by MCA.