Yes, it's UA Music and Records Group, from the label. So that was after the management buy-out. If they were flogging off Horace Silvers dirt cheap to the cutout merchants, rather than keeping them as a steady seller, they must have been in REAL trouble.
I always assumed EMI bought the company as a decently going concern. This suggests otherwise.
MG
Between the late '60s and late '80s the "company" changed hands at least 2 times (probably 3). EMI took over after the previous owner defaulted on loans for manufacturing and distribution. EMI got the whole bunch "for a song". Distressed merchandise is what we call it over here.
Thanks Chuck. Unless you catch Billboard every week, it's pretty hard over here to get to know what's going on in the industry.
MG