Magnasound Records
| Company type | Private |
|---|---|
| Industry | Music entertainment |
| Founded | 1989 |
| Headquarters | , |
Key people | Shashi Gopal, chief managing director Kalpana Gopal, director Madhav Das, director |
Magnasound was an Indian record company that specialized in Indian classical music, Indian rock and Indipop. It was distributed by OMI Music Inc. Shashi Gopal was the managing director of Magnasound.
History
Shashi Gopal founded Magnasound in 1989 with his wife Kalpana and brother-in-law Madhav Das.[1] The three launched the company with their life savings, which totaled Rs 6 lakhs. In the early 1990s, the company gained a reputation for signing young artists like Daler Mehndi, Baba Sehgal, and Alisha Chinai, as well as acclaimed rock bands Rock Machine and 13AD[2] Singer Adnan Sami became their most successful artist when he sold 10 lakh copies of his first album Kabhi to Nazar Milao.[3] The album would go on to sell well over 2 million copies. Already established artists like A. R. Rahman and Asha Bhosle also released albums for the label. Magnasound began to concentrate more on classical artists. Carnatic vocalist Bombay Jayashri became its flagship classical artist when she signed with Magnasound in 1994. Magnasound was also one of the first Indian labels to concentrate on music videos, taking advantage of the new MTV India channel.
In 2003, the company was declared bankrupt and was disestablished.
References
- ^ Kamath, Sudhish (May 28, 2010). "Voice of the artiste". The Hindu. Retrieved December 13, 2011.
- ^ Sreekumar, Priya (December 4, 2011). "Fusion is my passion, says Sunny Viswanath". Deccan Chronicle. Archived from the original on December 10, 2011. Retrieved December 12, 2011.
{{cite news}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ "Chartbusters From Pakistan". Indian Express. June 16, 2011. Retrieved December 13, 2011.
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