| In
late 1971, Clive Calder and Ralph Simon began their partnership
in forming businesses in record production, music publishing,
artist management and concert promotion in South Africa. In
1972, a young producer named Mutt Lange began producing songs
for Calder. The trio of Calder, Simon and Lange decided in 1974
that they had to get out of South Africa. They pooled together
what little money they had and moved to London and created the
publishing company Zomba Corporation, operating out of Calder's
bedroom space in London.
Jive Records was formed in 1981.
Jive operated as an independently managed label until 2002 when
Bertelsmann Music Group acquired the remainder of Zomba for
US $2.74 billion, which was at the time the largest-ever acquisition
of an independent label. |