Asylum Records
Founded:1971
Founders:David Geffen
Parent company:WMG Acquisition Corp
Asylum Records is an American record label founded in 1971 by David Geffen and partner Elliot Roberts, who had previously worked as agents at the William Morris Agency. Founded specifically to provide a record contract for Jackson Browne, the label signed Tom Waits, Linda Ronstadt, Joni Mitchell,... The Eagles and Bob Dylan for two albums. It was taken over by Warner Communications in 1972, and merged with Elektra Records to become Elektra/Asylum Records. After various incarnations, today it is geared primarily towards hip-hop, along with rock and Alternative Metal. It is owned by Warner Music Group, and is currently distributed through Warner Bros. Records. Asylum was founded in 1971 by David Geffen, and partner Elliot Roberts, who had previously worked as agents at the William Morris Agency, and operated a folk/rock label. They founded their own management company, and when Geffen was unable to get a recording contract for Jackson Browne, one of his clients at the time, Geffen and Roberts founded Asylum specifically to sign Browne. Asylum's early releases were distributed by Atlantic Records.
more