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Festival Records

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ABC Video discontinued all six Thomas videos in 1991 and re-released them through Roadshow Entertainment that same year. Festival Mushroom Records was an Australian music recording and publishing company which was founded in Sydney in 1952 and operated until 2005. Festival was a wholly owned subsidiary of News Limited from 1961 to 2005, and the company was highly successful for most of its fifty-year life, despite the fact that as much as 90% of its annual profit was regularly siphoned off by Rupert Murdoch to subsidise his other media ventures.

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ABC Video discontinued all six Thomas videos in 1991 and re-released them through Roadshow Entertainment that same year. Festival Mushroom Records was an Australian music recording and publishing company which was founded in Sydney in 1952 and operated until 2005. Festival was a wholly owned subsidiary of News Limited from 1961 to 2005, and the company was highly successful for most of its fifty-year life, despite the fact that as much as 90% of its annual profit was regularly siphoned off by Rupert Murdoch to subsidise his other media ventures. In 1963, Col Joye helped the Gibb brothers get a record deal with Festival, and they released several singles under this label as well as the album Turn Around, Look At Us.

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