10 Facts About Elektra Records

Elektra Records is an American record label owned by Warner Music Group, founded in 1950 by Jac Holzman and Paul Rickolt.

In October 2018, Elektra was detached from the Atlantic Records umbrella and reorganized into Elektra Music Group, operating as an independently managed frontline label of Warner Music.

In 1965, Elektra began a short-lived joint venture with Survey Music called Bounty Records, which was Elektra's first foray into pop music.

Elektra, along with its Nonesuch Records subsidiary, was acquired by Kinney National Services in 1970, which changed its name to Warner Communications in 1972.

Elektra Records was replaced by Joe Smith, who later went on to become CEO of Capitol Records.

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Elektra Records became the label for 4AD acts such as the Pixies, the Breeders, Frank Black, and The Amps in the United States.

In September 1994, another damaging controversy erupted when top heavy-metal band Metallica filed suit against Elektra Records to terminate their contract and gain ownership of their master recordings.

Subsequently, the new company was called Atlantic Records Group, with Elektra breaking off into a subsidiary that became dormant until the label was revived in 2009 .

In October 2017, Elektra Records partnered with MSG Networks for "Friday Night Knicks".

In December 2019, Elektra became the distributor for DTA Records, set up by Travis Barker.