Development of The Label
In 1971, Ilene moved Bang's base of operations from New York City to Atlanta, Georgia. In the early years, Bang did its own distribution. In 1979, Bang was sold to CBS Records, kept its identity as part of the CBS Associated unit until it was absorbed in 1982 by CBS's Columbia Records unit. Over the years, two subsidiary labels were started: Shout Records and Bullet Records. While Sony Music owns the Bang Records catalog today, the Berns family still owns the music publishing operations. In 1979, Columbia Records turned over control of Neil Diamond's Bang master recordings to the artist himself, at the time one of the label's hottest stars, who has remixed and re-released them several times over the years. Some workers moved to Rapp Records. Also, Peabo Bryson was the only artist who released an album with Bullet. His recordings with Bullet is now owned by Capitol Records.
Read more about this topic: Bang Records
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