The
Pye Company originally manufactured televisions and radios with its main plant situated off what used to be Haig Road, in
Cambridge. The company entered the record business when it bought
Nixa Records in 1953. In 1955, the company acquired
Polygon Records, a label that had been established by Leslie Clark and
Alan A. Freeman to control distribution of the recordings of the former's daughter,
Petula Clark. Pye merged it with Nixa Records to form
Pye Nixa Records.
Pye International In 1958,
Pye International Records was established. The company licensed recordings from American and other foreign labels for the United Kingdom market, including
Chess,
Disques Vogue (France),
A&M,
Kama Sutra,
Colpix,
Warner Bros.,
Buddah,
Cameo,
20th Century,
Casablanca Record and Filmworks and
King. It also released recordings from British artist
Labi Siffre which were produced outside the company.
Expansion Pye Nixa became Pye Records in 1959, and
ATV acquired 50% of the label. ATV bought the other half of the business in 1966. Under the management of
Louis Benjamin, the company entered the
budget-priced album market in 1957, reissuing older Pye material on
Pye Golden Guinea Records, priced at a
guinea (one pound and one shilling). A series of classical recordings was released on Golden Guinea Collector; for example, a version of
Handel's
Music for the Royal Fireworks in 1959. This featured the conductor
Charles Mackerras who made other recordings on the label, including a
Janacek compilation. Golden Guinea Collector was closed in the 1970s and replaced by
Marble Arch Records, selling at an even lower price.
Piccadilly and Dawn labels A full-price subsidiary,
Piccadilly Records, was for new pop acts, including
Joe Brown & the Bruvvers,
Clinton Ford,
the Rockin' Berries,
Sounds Orchestral,
the Sorrows,
the Bystanders,
Jackie Trent and, later on,
the Ivy League. In 1969, Pye launched a less mainstream label for
folk,
jazz,
blues and
progressive acts,
Dawn Records. The label artists included
Mungo Jerry,
Man,
Donovan,
Comus, Titus Groan and Trifle.
Quadraphonic releases Beginning in 1971, Pye issued a series of "4D Stereo" LP recordings in the UK. These were designed for playback in 4-channel
quadraphonic sound. The records were encoded in the
QS Regular Matrix system which was licensed from
Sansui in Japan. Pye also marketed its own line of consumer electronics used for decoding quadraphonic records. These products were not especially successful. The last LP release in this series was in 1977.
As PRT Records When the rights to the name Pye (then owned by
Philips) expired in 1980, the label changed its name to PRT, which stood for Precision Records and Tapes, via a brief flirtation with Precision. At that time, it had sub-labels such as
Fanfare Records, a late 1980s and early 1990s UK-based Hi-NRG label issuing records by
Sinitta;
R&B Records, a 1980s disco/electro label featuring
Imagination; and Splash Records, which featured
Jigsaw and the
Richard Hewson Orchestra/RAH Band. PRT provided manufacturing and distribution for
Gary Numan's label Numa Records, founded in 1984, which went on to release two dozen singles by a variety of acts alongside its eponymous founder, including actress
Caroline Munro.
Postman Pat songs and music, from the television series of the same name, were recorded at PRT Studios. PRT's parent company
ACC was purchased by
The Bell Group of Australia in 1982. In 1988, the Bell Group was purchased by the
Bond Corporation. However, the Bond Corporation was suffering financial problems itself and proceeded to quickly sell off most of its assets. PRT's record and cassette factory was sold to another record manufacturer, Meekland. Most of the masters of PRT's catalogue (except classical music catalogue) were sold to
Castle Communications, which eventually became
Sanctuary Records (now a division of
BMG Rights Management). Precision Records & Tapes Ltd, formerly Pye Records Ltd, was officially liquidated in December 2013. At the same time,
EMI acquired masters of PRT's classical music catalogue and assigned them to
EMI Classics.
Brief revival In July 2006, Pye Records was reactivated by Sanctuary Records as an indie and alternative label, featuring artists such as Scottish alternative rock group
Idlewild. However, plans for continued usage of the Pye name were abandoned when
Universal Music Group bought Sanctuary in 2007. To fulfil conditions imposed by the
European Commission following UMG's acquisition of EMI in 2012, Universal sold Sanctuary to BMG Rights Management in 2013.
Previous ownership Universal Music Group, which owned the label's catalogue from 2007 to 2013, controls the catalogue of reissues from Pye/PRT artists' releases on Sanctuary's behalf after BMG assigned UMG to distribute them in October 2023. Previously, it was distributed by
Warner Music Group through its
Alternative Distribution Alliance division from 2017 to 2023. WMG owns Pye's American former distributors
Warner Records (formerly Warner Bros. Records) and
Reprise Records. With its acquisition of EMI Classics' catalogue in 2013, WMG now owns the Pye/PRT classical music catalogue and controls it via
Warner Classics.
ATV Music Publishing Pye Records was a sister company to the better-known ATV Music Publishing. This company, which owned
the Beatles' publisher
Northern Songs, was bought by
Michael Jackson in 1985 and later merged with
Sony to form
Sony/ATV Music Publishing. ==International divisions==