Polar Music is a Swedish record company founded in 1963 by Stig Anderson and his friend Bengt Bernhag. The first act that it signed was the Hootenanny Singers featuring Björn Ulvaeus. Polar eventually gained prosperity producing Ulvæus' next group, international superstars ABBA. Polar Music is currently owned by Universal Music Group.
The Polar Music Prize, an award for outstanding musical achievement, was created by founder Stig Anderson in 1989, after he sold the label to PolyGram.
Artists signed by Polar Music included ABBA, Alive Feat, Jessie Martins, Lena Andersson, Chana, Crosstalk, Dilba, Emilia, Frida, Agnetha & Linda, Ted Gärdestad, Gemini, Hellacopters, The Infinite Mass, Fredrik Kempe, Lambretta, Maarja, Paulo Mendonca, Mr. Vegas Fea Intense, Emma Nilsdotter, Mats Paulson, Pineforest Crunch, Sam (Musician), Skintrade, Starr Chukki/infinit, Svenne & Lotta, Joey Tempest, Top Notch, Topaz Sound and Anders Widmark. The last band to be signed to Polar were Beagle whose two albums for the label "Sound On Sound" and "Within" are considered to be power-pop classics.