ABC Paramount Magnet
Defunct Record Label Magnet
designed and sold by MindsparkCreative
American Broadcasting-Paramount Theatres formed a records division, incorporating the Am-Par Record Corporation on June 14, 1955 with Samuel H. Clark as its first president. By August 1955, the unit was organized with AMPCO (ASCAP) and PAMCO (BMI) as subsidiary publishing units. Though the record label was established as Am-Par, no records were released until after the division's name was changed to ABC-Paramount in September 1955.
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