Hollywood Records

Hollywood Records is an American record label owned by Disney Music Group, a subsidiary of the Walt Disney Company. Hollywood Records was founded in 1989 by then-Disney CEO Michael Eisner with the idea of expanding the music operations of the company (then reduced to the release of the soundtracks of Disney, Touchstone, and Hollywood Pictures films) and to develop and promote the careers of a wide variety of artists in various genres. However, the label struggled to launch a successful artist, and in 1991 the label had significant financial loss. The only major success was the agreement to be the catalog distributors of Queen, a fact affected by the death of vocalist Freddie Mercury. Label problems continued and even years after the acquisition of Mammoth Records in 1997 was seen as a sign of the search by Disney for a record label that would give success to the company. However, Mammoth Records was dissolved and integrated into the label in 2003, after little success. In 1998, the...