Festival Records (later known as Festival Mushroom Records) was an Australian music recording and publishing company which was founded in Sydney in 1952 and operated until 2005. Festival was a wholly owned subsidiary of News Limited from 1961 to 2005, and the company was very successful for most of its fifty-year life, despite the fact that as much as 90% of its annual profit was regularly siphoned off by Rupert Murdoch to subsidise his other media ventures.
Famous quotes containing the words festival and/or records:
“Sabbath. A weekly festival having its origin in the fact that God made the world in six days and was arrested on the seventh.”
—Ambrose Bierce (1842–1914)
“My confessions are shameless. I confess, but do not repent. The fact is, my confessions are prompted, not by ethical motives, but intellectual. The confessions are to me the interesting records of a self-investigator.”
—W.N.P. Barbellion (1889–1919)