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- CBS Records is a record label founded by CBS Corporation in 2006 to take advantage of music from its entertainment properties owned by CBS Television Studios. The initial label roster consisted of only three artists; rock band Señor Happy and singer/songwriters Will Dailey and P.J. Olsson. This incarnation of the label relies primarily on digital distribution such as iTunes and on direct sales from its own website. However, it has signed a deal to distribute compact discs through RED Distribution, a subsidiary of Sony Music Entertainment. The new CBS Records is headquartered at CBS Television City in Los Angeles. The earlier incarnation originated in the early 1960s: Columbia Records product was released under the CBS Records label outside the US and Canada. This was necessary because EMI owned another record label by the same name, which operated in every market except North America, Spain and Japan. CBS sold the record company in 1988 to Sony Corporation of America. In 1991, the CBS Records label was officially renamed Columbia Records and the CBS Records company was renamed Sony Music Entertainment.
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