Beginning in 1974 with Fogelberg, Full Moon Records was originally a subsidiary "spin-off" label from Epic Records that was created by Irving Azoff. The first album to be released under the label was Fogelberg's second album, Souvenirs. In 1980, distribution moved from CBS to Warner Bros. (movie soundtracks included). Some of the artists affected by the acquisition were Chicago, Grand Funk Railroad, and Johnny Lee. The company was absorbed by Warner Bros. in 1992. The only exception was Fogelberg, whose Full Moon recordings were, and are, still distributed by Epic.