Liberty

Multinational label, originally founded 1955 in Hollywood, California. Also known as Liberty Records.
Label code: LC 0249 / LC 00249
Use Liberty (3) for all unofficial/bootleg/counterfeit releases pretending to be this label.
See Liberty Records, Inc., for the company.

History
1955: The independent American label was launched February 22, 1955, as subsidiary of Liberty Records, Inc., in Hollywood, California, by Simon (Si) Waronker, who previously was music director for 20th Century Fox films. The idea for the record company came from Waronker's cousin, Herb Newman, who would found Era Records.
Jack Ames (3) was vice president; Alvin Bennett (3) joined the company as VP and general manager on March 1, 1958, and was later president; Ted Keep (Theodore) was chief engineer. Simon's, Alvin's and Theodore's names were later immortalized in The Chipmunks — a release that brought the company back from the brink of bankruptcy in 1958.
Julie London had the label's first big hit in 1955, and she became known as the "Liberty Girl."
1958: Liberty released its first stereo discs on June 25.
1959: Liberty begins to distribute local labels through Liberty Records Sales Corp., soon acquiring and licensing several other independent American labels including Dolton Records (1963), Imperial (and subsidiaries Aladdin and Minit, 1964), Blue Note (1965), World Pacific (1965), Pacific Jazz (1965), and Blue Thumb Records.
1960: Liberty was taken public by Bennett to raise capital.
1963: Avent Electronics bought the company for $12 million, and Waronker retired. After two years of financial losses, Avnet sold the company back to Bennett for $8 million.1967: established in the UK and in Germany.1968: Liberty was bought by — the parent company of — for $38 million, on March 1, 1968. The union of Liberty and UA operated as a "paired" entity in various markets as "Liberty/UA." The companies at this time were , and (which may help to date versions).1970: Bennett resigned, replaced by Michael Stewart.1971: Liberty was folded into .1979: UA was taken over by EMI and the Liberty brand was revived in 1980. It traded as , for a short time.1980: Start of the budget line with catalog number format LN 10XXX (see the bsnpubs link for dating).1981: Liberty label relaunched in the UK through