Cargo Records is a record label based in London, England, which distributes musical recordings in the United Kingdom and Europe. The company currently distributes records in a wide variety of genres, both as a label in its own right and as a distributor for other independent record labels.
The company was first established in 1992 as a division of the Canadian record company Cargo Records.[1] When its original founders sold the Canadian parent company to new owners in 1995, the British office was not part of the sale — instead, it became a separate company which continued to be owned and operated by founder Phillip Hill.[1] At the same time, his former business partner Eric Goodis took over ownership and operation of the former parent company's office in the United States to form Cargo Music.[1] The American and British companies thus were not affected by the Canadian company's bankruptcy in 1997, and both remained in operation as of 2024 [citation needed].
References
^ abc"Cargo Files for Bankruptcy". Billboard, 24 January 1998.