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to BIG 529 - 1975 |
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| UK
Transatlantic was founded in 1961 by Nat Joseph. It started primarily
as an importer of American folk, blues and jazz records - by many of the
artists who influenced the burgeoning British folk and blues boom. Within
a couple of years, the company had started recording British artists. The
company's philosophy was intentionally eclectic and Transatlantic became
successful in a variety of musical genres including folk, blues, jazz,
ragtime, pop and rock.
In 1975, Joseph sold a 75% share of his company to Sidney Bernstein's Granada Group and the company became part of Granada. There was a culture clash between the independent-spirited Transatlantic and the corporate sensibilities of Granada. Two years later Granada sold its share in Transatlantic to the Marshall Cavendish publishing company - which also acquired Joseph's 25% share. The new company was renamed Logo Records. |
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