Telstar Records was a British record label that operated from 1982 to 2004.
Background
Telstar was founded in 1982 by Sean O'Brien and Neil Palmer with a government loan of £120,000. It was launched as a specialist compilation marketing label and had hits with a range of compilation franchises such as the Deep Heat, Kaos Theory and 100% ranges. As well as these brands, the company licensed a number of major artist recordings to release telemarketed compilations. In the mid-1990s, it diversified its output into the singles market and long-term artist development with the launch of the Multiply Records and Wildstar Records subsidiaries. Until then, Telstar normally only released singles that were tele-marketed and associated products like The Chippendales or PJ and Duncan. Acts signed in this period included Conner Reeves, Sash!, Phats & Small and Basement Jaxx. Craig David had the label's first UK number one single. Other artists included Victoria Beckham, Rosie Ribbons, Skream!, Danny Erskine, The Cheeky Girls and Mis-Teeq. In the late 1990s, Telstar became closely associated with BMG Records, especially with the Telstar TV compilation arm and The Hits Album releases. Telstar Records went bankrupt in 2004, largely due to the company's habit of giving large advances to artists such as Claire Sweeney and Victoria Beckham who failed to make them any money. In the media much of the blame for the label's failure was placed on their most high-profile signing, Victoria Beckham. However, as most of Telstar's artists were not directly signed to the label, instead being either sub-licensed or part of a number of joint ventures, BMG declined to buy the label's assets outright.
In the late 1990s, Telstar's successful dance music compilation series Euphoria and Breakdown were launched, both of which lasted into the days when BMG were co-credited on compilations, and transcended Telstar Records' closure when they were continued on the Ministry of Sound label.
''Chart Attack''
Chart Attack was Telstar Records' first chart hit on the UK Top 75album charts. It was released in autumn 1982 and reached number 7 in the main chart in the days before the exclusion of such various artist albums.
