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to 1048 - 1977 |
to 1061 - 1979 |
to 2300 - 1995 |
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| Malaco
Records was founded in 1962 by Tommy Couch, Mitchell Malouf, and Wolf Stephenson,
initially as a booking agency. In 1967, the company opened a recording
studio in a building that remains the home of Malaco. Between 1968 and
1970, Capitol Records released six singles. Revenue from record releases
was minimal, and Malaco survived doing jingles, booking bands, promoting
concerts, and renting the studio for custom projects. In 1970, Malaco
released King Floyd's "Groove me" on its own Chimneyville
label. When "Groove Me" started a wildfire of radio play and sales, Atlantic
picked the record up for distribution.
In 1975, Malaco was broke and desperate for something to sell. With just enough cash to press and mail out the record, "Misty Blue" by Dorothy Moore was released on the Malaco label just before Thanksgiving. Luckily, it took off the moment it hit radio turntables. Another Malaco gamble in late 1975 was targeting the gospel market again with The Jackson Southernaires. The gamble paid off, and other premium gospel artists signed on, including the Soul Stirrers, The Sensational Nightingales, The Williams Brothers, The Truthettes, and The Angelic Gospel Singers. The company is still in business. |
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