One Way Records was an independent

record label A record label, or record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the produ ...

based in

Albany, New York Albany ( ) is the capital of the U.S. state of New York, also the seat and largest city of Albany County. Albany is on the west bank of the Hudson River, about south of its confluence with the Mohawk River, and about north of New York C ...

that specialized in budget reissues of

classic rock Classic rock is a US radio format which developed from the album-oriented rock (AOR) format in the early 1980s. In the United States, the classic rock format comprises rock music ranging generally from the mid-1960s through the mid 1990s, prima ...

albums. In the 1990s, it gained business pressing reissues of those records that had "fallen through the cracks" in the transition in the music industry from vinyl to compact discs. Other labels that similarly filled this reissue niche were Collector's Pipeline,

Rhino Records A rhinoceros (; ; ), commonly abbreviated to rhino, is a member of any of the five extant species (or numerous extinct species) of odd-toed ungulates in the family Rhinocerotidae. (It can also refer to a member of any of the extinct species ...

and

Razor & Tie Razor & Tie was an American entertainment company that consisted of a record label and a music publishing company. It was established in 1990 by Craig Balsam and Cliff Chenfeld. Based in New York City (with additional offices in Los Angeles an ...

. It was part of a company that served as

rack jobber A rack jobber (also known as a rack merchandiser) is a company or trader that has an agreement with a retailer to display and sell products in a store. The outlets for the products would be ones that traditionally do not stock such products such as ...

and

music distributor The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, ...

for budget titles and cutouts. The company was founded by David Schlang in 1971, who was president until 1995 and again from 1999. In 1995 it was sold to Alliance Entertainment, for $18.5 million; at that point the company had annual revenues of just over $35 million, of which the label accounted for 15%. In 1994, Terry Wachsmuth, the Artist and Repertoire Director, predicted "Sooner or later it's going to peter out, but we expect to be doing this for another 5-10 years at least." The label closed in the early 2000s.

References

External links

* * {{Authority control Defunct record labels of the United States Record labels established in 1971 Reissue record labels