Who Owns Roulette Records?

Roulette Records was founded in 1957 by co-owners George Goldner and Joe Kolsky. The label was started as a subsidiary of Tico Records, which Goldner owned.

Tico was primarily a Latin music label, and Goldner wanted to expand into the rock and roll market. He hired Kolsky, who had experience working at record labels, to help run the new label.

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The first release on Roulette was “The Girl Can’t Help It” by Little Richard. The record was a hit, reaching number 2 on the Billboard R&B chart.

It helped put Roulette on the map and establish the label as a force in the music industry.

PRO TIP:Roulette Records is an independent record label founded in 1957 by Morris Levy. The label was acquired by Rhino Entertainment in 1998, and is now owned by Warner Music Group.

Roulette went on to release records by a number of popular artists, including The Isley Brothers, Frankie Valli and The Four Seasons, Dion, The Ronettes, and The Rascals. The label also had success with novelty records, such as “The Purple People Eater” by Sheb Wooley.

In 1971, Goldner sold his interest in Roulette to Allen Klein’s ABKCO Industries. Klein had been interested in buying the label for some time, but Goldner had been reluctant to sell.

Klein continued to run Roulette until 1973 when he sold the label to MGM Records.

MGM only owned Roulette for a few years before selling it off to various different owners. It has changed hands several times over the years and is currently owned by Rykodisc.

Who owns Roulette Records? Rykodisc currently owns Roulette Records.