Satellite Records
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Satellite Records was a record label started by Jim Stewart in October 1957. In 1958 Estelle Axton invested in the young record label.
In 1960 they signed a 5 year distribution deal with Atlantic Records. After discovering that another Satellite Records existed in California, they renamed their enterprise Stax Records by combining the 2 first letters from each of their last names.
Another record label with the same name was formed by Mungo Jerry in 1980.
