Island Records is a record label that was founded by Chris Blackwell and Graeme Goodall in Jamaica. It was based in the United Kingdom for many years and is now owned by Universal Music Group. The label now operates as a division of The Island Def Jam Music Group in the United States and as a standalone label in the United Kingdom . Since 2007, there is also a frontline local artist and repertoire label in Australia known as Island Records Australia, run by Universal Music Australia. Island Records was also the founding company behind the highly influential Anime licensor Manga... Entertainment, which has changed hands numerous times during the 90's and early 2000s. Island Records was founded in Jamaica in 1959 by Chris Blackwell and Graeme Goodall, and partially financed by Stanley Borden from RKO, taking its name from the 1955 Alec Waugh novel, subsequent film and Harry Belafonte hit song "Island in the Sun". The company relocated to the UK in May 1962.
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