January 1, 1990 – Hollywood Records Begins Operations
On January 1, 1990, Disney’s record label Hollywood Records began operations. The label was created by then-CEO Michael Eisner, who wanted to expand Disney’s music operations into the more mainstream music scene rather than just soundtracks. The label had its first success when it was able to acquire the rock band Queen’s entre catalogue for $10 million. The groups currently under the label range from rock bands (Breaking Benjamin, Grace Potter and the Nocturnals), to pop artists (Bea Miller, Sofia Carson), to R&B singers (Jordan Fisher). Several artists have starred on Disney Channel in movies and shows, transitioning to a music career under the Hollywood Records label. The label also features soundtrack and compilation albums for the Marvel films in a joint production with Marvel Music.