Modern Records was an Americanrecord label formed in 1945 in Los Angeles by the Bihari brothers. In the 1960s, Modern Records went bankrupt and ceased operations, but the catalogue went with the management into what became Kent Records. This back catalogue was eventually licensed to the UK label Ace Records in the 1980s and later sold outright during the 1990s. Modern was also one of the big R&B labels with artists including Etta James, Joe Houston, Little Richard, Ike And Tina Turner and John Lee Hooker in the 1950s and 1960s. Having started as an R&B label, Modern was later one of the few R&B labels to routinely cover rhythm and blues hits on other labels, apparently in an attempt to broaden their appeal and reach the popular market. Here, they had less success and the company eventually went bankrupt, although the catalogue was maintained under similar management at Kent Records. Ace Records of the U.K. now owns the tapes.