How much did Sam Phillips sell Sun Records for?

Sun Records, one of the key labels in rock ‘n’ roll history, purchased by New York company Primary Wave in reported $30M deal. Sun Records — the storied Memphis label that helped midwife the birth of rock ‘n’ roll — has been sold to New York-based music company, Primary Wave.

When was Sun Records sold?

1969
In July of 1969, Sam and Shelby finalized their deal and Sun Records was sold.

When did Sam Phillips Open Sun Records?

The “Memphis Recording Service” and Sun Records On January 3, 1950, Phillips opened the “Memphis Recording Service” at 706 Union Avenue in Memphis, Tennessee, which also served as the studios for Phillips’ own label, Sun Records, through the 1950s.

Did Sam Phillips own Sun Records?

Samuel Cornelius Phillips (January 5, 1923 – July 30, 2003) was an American record producer. He was the founder of Sun Records and Sun Studio in Memphis, Tennessee, where he produced recordings by Elvis Presley, Roy Orbison, Jerry Lee Lewis, Carl Perkins, Johnny Cash, and Howlin’ Wolf.

When did Elvis leave Sun Records?

Presley scored regional hits that included “That’s All Right” and “Baby Let’s Play House” for Sun Records, a small Memphis label owned by producer Sam Phillips. Then financial pressures forced Phillips to sell Presley’s contract to RCA Records on Nov. 21, 1955.

What year did Sun Records close?

The Sun Studio building closed up as a studio in 1969, but after a 16 year layoff, the studio reopened for recording business in 1985 and later hosted modern day bands like U2 and their tribute to American music, “Rattle and Hum” from 1988.

Who did Sam Phillips record in the early days?

It was the first all-girl station in America. Sam recorded with artists such as Carl Perkins, Roy Orbison, B.B. King, Jerry Lee Lewis and more (and don’t forget that legendary “Million Dollar Quartet” jam session) during Sun’s tenure. But by the mid-1960s, he wasn’t recording as much, but he was opening radio stations.

How did Sam Phillips discover Elvis?

Phillips didn’t call Elvis until Peer Music of Nashville sent Sun Records a demo recording of a ballad called ‘Without You’. Phillips decided to allow Elvis to record the new ballad. Unfortunately, Elvis could not seem to master the song, so Phillips asked him to sing anything else he knew.

How much did RCA pay Sun Records for Elvis?

On this day in 1955, RCA-Victor signed Elvis Presley to a recording contract, paying $40,000 to Sun Record Company for his release. The deal, negotiated by special advisor “Colonel” Tom Parker, was record-breaking, amounting to over $375,000 in 2018.

When did Elvis Presley leave Sun Records?

What was the first Sun Records record label?

Unsourced material may be challenged and removed. Sun Records is an American independent record label founded by producer Sam Phillips in Memphis, Tennessee in February 1952. Sun was the first label to record Elvis Presley, Charlie Rich, Roy Orbison, Jerry Lee Lewis, Carl Perkins, and Johnny Cash.

What happened to Sun Records?

On January 28, 2021, Sun Records was acquired by Primary Wave for $30 million. Sam Phillips opened his Memphis Recording Service studio on February 3, 1950 at 706 Union Avenue in Memphis. It was founded with the financial aid of Jim Bulliet, one of many record executives for whom Phillips had scouted artists before 1952.

What is Sam Phillips best known for?

Sam Phillips. Samuel Cornelius Phillips (January 5, 1923 – July 30, 2003) was an American record producer who played an important role in the development of rock and roll during the 1950s. He was the founder of Sun Records and Sun Studio, in Memphis, Tennessee, where he produced recordings by Elvis Presley, Roy Orbison, Jerry Lee Lewis,…

Why did Sun Records record Elvis Presley?

Sun was the first label to record Elvis Presley, Charlie Rich, Roy Orbison, Jerry Lee Lewis, Carl Perkins, and Johnny Cash. Prior to that, Sun had concentrated mainly on African-American musicians because Phillips loved rhythm and blues and wanted to bring it to a white audience.