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Music record label owned by Universal Music Group, was founded by Berry Gordy Jr, originally as Tamla Records on January 12, 1959 (https://www.elcaobointernacional.com/blog/berry-gordy-jr)
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The merge of both Tamla Records and Motown Records into one, Motown Record Corporation (https://www.motownrecords.com/)
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The Marvelettes hit song "Please Mr. Postman" become the first Motown record to hit #1 on the Billboard Hot 100 (https://www.popexpresso.com/2018/08/21/please-mr-postman-by-the-marvelettes-is-released-in-1961/)
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Launch of Tamla-Motown in London, England becomes the non US division of the label (https://www.flickr.com/photos/wasleso/692927636)
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The signing of the Jackson 5 allows the group to rise to extreme prominence and pushes the label to all new heights during this time. The popularity of the group spawned newfound success for the entire label during this time period
(https://www.philstar.com/entertainment/2019/06/07/1924192/50-years-jackson-5) -
Marvin Gaye, one of the labels longest signees and marquee stars releases his 11th studio album, "What's Going On" to immediate praise and positivity
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Motown Records move all major operations out west to Los Angeles. A small group stays behind in Detroit, Michigan but the majority of all head executives of the label make the move. They due this to allow themselves a larger outlet as the culture shift out west could mean new opportunities for the label (https://en.wikipedia.org/wiki/Los_Angeles)
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After a large decline in sales, Berry Gordy Jr. decides to sell his ownership of Motown Record Corporation to MCA Records and Boston Ventures for $61 million dollars.
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Up and coming quartet Boyz II Men release their first studio album, Cooleyhighharmony, to exceptional praise and success. Their single, Motown Philly, was a huge commercial success and great popularity back into the record label. (https://en.wikipedia.org/wiki/Cooleyhighharmony)
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Jheryl Busby, who became executive after Berry Goldy, is replaced by Andre Herrell. Herrell was the founder of Uptown Records and remained in command of Motown for just under two years before passing it off to Danny Goldberg, who then passed owendeership to Kadar Massenburg who took control once Motown was bought by Universal Music group in 1998.