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Parachute Records

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[b]Parachute Records[/b] was launched in 1977 by former 20th Century Fox Records executive and music industry veteran [a=Russ Regan] only five buildings down the street from the main offices of Casablanca Record & FilmWorks, of which it became a subsidiary. The original label was active from 1977 to 1979. PolyGram, who owned and operated Casablanca and all its subsidiaries since its acquisition in 1980, reactivated Parachute in 1983 as a children's label - the first of its kind for PolyGram (where Russ Regan moved on to work with in lieu of his Casablanca association). The children's era of Parachute was even more short-lived than the previous era and the label was retired and reactivated one more time in 1995 (with a new logo) as a contemporary sub-label of Mercury Records. Its only known act from that era was [a=Jane Kelly Williams], who scored a minor underground hit with "Show Me How To Catch A Fish". (~DLC)