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  1. On This Day: June 27 1988 – Motown Records Sold to MCA for 61 Million Dollars

    On This Day: June 27 1988 – Motown Records Sold to MCA for 61 Million Dollars

    On this day June 27 1988, Motown Records, the iconic label that launched the careers of artists like Stevie Wonder, Diana Ross, Marvin Gaye, and The Jackson 5, was sold to MCA Records for 61 million dollars. The sale marked the end of an era, as Motown transitioned from an independent Black...
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