After a financial crisis in the spring of 1971, the company was rescued by
Tore Berger, from the group Gunder Hägg (later
Blå Tåget), investing his own money and the company was transformed into
Musiknätet Waxholm. MNW was then one of the most important record companies in the music movement, focusing on Swedish musicians with Swedish texts, and political considerations often governed the publication.
MNW Records Group was formed in 1993 when the company bought another record company called Amalthea. The right to release records was transferred to
Push Music Group in 2004. The collaboration ended and Push Music changed its name to
MNW Music. In 2015, artist Johan Johansson (KSMB) won a lawsuit claiming that the MNW has put out music streaming services without a license. ==Artists==