Hungaroton

Hungaroton is the oldest record label and music publishing company in Hungary. Hungaroton was founded in 1951, when its only competitors in the Hungarian music market were record labels like Melodiya, Supraphon and Eterna from other socialist countries. Previously called Qualiton Records, its name was changed to Hungaroton in the mid-1960s, though the Qualiton brand remained as a label for operetta and gypsy music releases. Also new popular music, rock and jazz labels (Pepita, Bravó, and Krém) were founded.