Compagnia Generale del Disco
|Compagnia Generale del Disco|
|Parent company||East West Records|
|Status||Sold to East West in 1989|
|Distributor(s)||East West Records|
|Country of origin||Italy|
CGD (Compagnia Generale del Disco) was an Italian record label.
CGD was founded in 1948 by singer Teddy Reno. At that time it was established in Milan in Via Passarella 4. As artistic director Reno called fellow musician Lelio Luttazzi, who replaced David Matalon as Head of International Production in 1956.
Under the Sugar Helm
In 1959, Teddy Reno sold CGD to Ladislao Sugar, a publisher of Hungarian origin and future entrepreneurial owner of the Sugar Group, which was founded by Carlo Alberto Rossi's Casa Editrice Ariston, and then abandoned to buy Musical Messengers (Messaggerie Musicali). It was on this occasion that he came into contact with Teddy Reno.
In 1961, CGD moved to Galleria del Corso, where many other record labels and music publishing were located. In 1968, Ladislas decided to focus on the publishing division Grove Press and was replaced by his son, Peter.
Merger with CBS Italia
In 1966, CGD made an agreement with CBS to distribute its catalog in Italy. In 1970, CGD eventually merged with CBS Italia and established CBS Sugar.
In 1973, it moved to Via Quintiliano 40. In 1977, when CBS decided to open its own premises in Italy, all the Italian artists who recorded for CBS were incorporated with CGD and their records were reissued by the new record label.
In the same year, Peter Sugar's wife, pop star Caterina Caselli decided to establish a satellite record company, supporting non-mainstream acts like The Radio Dept, Franco Fanigliulo, Piccola Orchestra Avion Travel and Elisa.
Throughout the 1980s, CGD continued its operations with 9 subsidiary labels.
In 1988, CGD, like many other record companies, ran out of business. East West Records, under Warner Music Group, bought the label & continued its operations. In 1995, it changed its name to CGD East West. In early 2000s, the former was merged to Atlantic Records.