| Planet Records | |
|---|---|
| Parent company | RCA Records |
| Founded | 1978 |
| Founder | Richard Perry |
| Status | defunct |
| Distributor(s) | Elektra/Asylum Records (1978-1982) RCA Records (1982-1985) |
| Genre | Various |
| Country of origin | U.S. |
Planet Records was an independent American record label founded by record producer Richard Perry. It was distributed by Elektra/Asylum Records until 1982, when Perry sold it to RCA Records. [1]
Contents |
The label was founded in 1978 by Perry as a side vehicle for showcasing new talent he was nurturing while he was still producing existing artists for other labels. The first act signed to the label was the Pointer Sisters, who became the labels biggest sellers. Other acts on the label included Bill Medley, Greg Phillinganes, the Plimsouls and American Noise. [2]
Perry sold the label to RCA in 1982, which kept the label alive as a subdivision through late 1985, after which the Pointer Sisters, Phillinganes and Medley were signed to RCA proper. The remaining artists on Planet's roster did not have their contracts renewed.