Jim Henson Records was a music label established by the Jim Henson Company in 1992, with a five-year licensing deal with record distributor Bertelsmann Music Group for worldwide distribution. BMG was established in 1987 by the multinational media company Bertelsmann AG; the Henson albums were distributed through the BMG Kidz line. The first album, the soundtrack for the film The Muppet Christmas Carol, was released in November 1992. The official launch of Jim Henson Records was announced in March 1993.