During 1986, Rhino signed a six-year distribution agreement with Capitol Records. During 1989 Rhino and
Capitol’s parent EMI made a deal to jointly acquire Roulette Records; Rhino received the US rights to Roulette's catalog, excluding jazz. When the distribution deal with Capitol ended in 1992, Rhino signed a
new distribution deal with Atlantic Records, and in turn Time Warner bought a 50% stake in the record company. In 1998, Time Warner bought the other half of Rhino; thus the company became a wholly owned
unit of Time Warner. The Rhino Records retail store, which was not part of the sale, closed in 2005.
label executives Richard Foos and Harold Bronson of Rhino Records, 1990 in Los Angeles, California. (Photo by Michael Grecco) >
In 1999, Rhino started the Rhino Handmade division of limited edition releases available
primarily from their website. All of these Handmade reissues are limited to about 3000 copies or less and once sold out are not repressed.
It is through this merger that the label has released remastered editions of collections from such musicians
as Eric Burdon, Fanny, Dannii Minogue, The Ramones, The Grateful Dead, Emerson, Lake & Palmer, The Beach Boys, Yes, The Doobie Brothers, The Cars, Chicago, Tom Paxton, Third Eye Blind, The Doors,
War, Spirit of the West and most recently The Bee Gees; as well as soundtracks spanning the Turner-owned pre- 1986 MGM and pre-1950 Warner Bros. periods, in addition to WB's own post-1949 period. Rhino's
soundtrack releases include Gone with the Wind, The Wizard of Oz, Easter Parade, North by Northwest, Casablanca, King Kong, Doctor Zhivago, Superman, and Finian's Rainbow.
Rhino also owns the rights to The Monkees’ master tapes and film footage (which they acquired from
Raybert Productions in 1994), and thus has released home videos and CDs from the group.
In 2003, co-founders and longtime executives Richard Foos and Harold Bronson left Rhino, reportedly due to frustration at being unable to release compilation albums in an increasingly competitive
market. In fact, Time Warner's final vesting of its 100% ownership of the label, and its subsequent 'reorganization' of label staff, which did not stop at the former owners, were the major factors
in their exits. Soon after, Foos inaugurated a new label, Shout! Factory, which began releasing dozens of CDs and videos mirroring the original early-1990s Rhino philosophy.
In 2004, Time Warner spun off its music divisions and today Rhino is part of the newly
organized Warner Music Group. In addition to dealing with archive material, the label also manages the US distribution or worldwide production of compilations for more recent Warner acts, including
still-active artists such as Enya, New Order, and Chicago.
In June 2006, Warner Strategic Marketing in the UK was dissolved and Rhino Records UK was formed. The division has two main factions - TV advertised compilations (for example Pure Garage Rewind Back to the
Old School) and catalog material from the Warner vaults. Led Zeppelin's 2007 release Mothership and the soundtrack to the film Juno serve as the label's most recent successes.
Similar music companies include Collectables Records, Hip-O Records, One Way Records, Beat Goes On
Records, Varèse Sarabande, and Sony Music's Legacy Recordings, as well as Ace Records of Britain and Bear Family of Germany.
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