Canyon Records (Japan)
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Native name
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株式会社ポニーキャニオン |
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| Private KK | |
| Industry | Movies, music, video games |
| Founded | October 1, 1966 (as Nippon Broadcasting System Services, Inc.) |
| Headquarters | Minato, Tokyo, Japan |
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Area served
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Asia |
| Products | CDs, DVDs |
| Owner | Fujisankei Communications Group |
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Number of employees
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360 |
| Parent | Fuji Television |
| Subsidiaries |
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| Website | ponycanyon.co.jp |
Pony Canyon, Inc. (株式会社ポニーキャニオン Kabushiki gaisha Ponī Kyanion), also known by the shorthand form Ponycan (ぽにきゃん Ponikyan), is a Japanese company, established on October 1, 1966, which publishes music, DVD and VHS videos, movies, and video games. It is a subsidiary of the Japanese media group Fujisankei Communications Group.
On October 1, 1966, Nippon Broadcasting System, Inc. opened a new record label division, called as Nippon Broadcasting System Service, Inc., in order to produce and market music from Japanese artists. The division formally changed its name in 1970 to Pony, Inc. in order to match the brand names it had been using previously. These were "PONYPak" for 8-track cassettes from 1967, and "PONY" for cassettes from 1968. At this time in 1970 another Japanese record label Canyon Records Inc. was founded. In 1982, Pony ventured into interactive content by producing personal computer game software under the name "Ponyca". In 1984, the company entered license agreements with major overseas companies, MGM/UA Home Video, Vestron Video International, Walt Disney Home Video and BBC Video (the company also entered license agreements with major overseas companies, RCA/Columbia Pictures International Video in 1986), and in 1985, they established offices in New York and London. In 1986, Pony signed licensing agreements with A&M Records and in 1989 with Virgin Records to handle both companies. On October 21, 1987, Pony and Canyon merged their record operations to form Pony Canyon, Inc.
Pony Canyon is a major leader in the music industry in Japan, with its artists regularly at the top of the Japanese charts. Pony Canyon is also responsible for releasing taped concerts from its artists as well as many anime productions. It is also responsible for deleting most of the videos in YouTube that are licensed by Pony Canyon without any pitch or tempo changes. In 1990, Pony Canyon branched out, and opened five subsidiaries outside Japan, one of them is a subsidiary in Singapore called Skin which was managed by Jimmy Wee and signed local English language performers such as Gwailo, Art Fazil, Chris Vadham, The Lizards' Convention, Humpback Oak and Radio Active. In addition to Singapore, Pony Canyon has also had a subsidiary in Taiwan, and a joint venture in Hong Kong and South Korea, named as Golden Pony and SAMPONY, respectively. Four of five subsidiaries were closed in 1997 due to Asian financial crisis, leaving the Malaysian subsidiary as the only subsidiary to remain in operation. However, the Hong Kong and Korean operations was reestablished as a wholly owned subsidiary, although the Korean operation had a 16% stake of local partner. In 2003, the Hong Kong and Taiwan branch of Pony Canyon, both which was affected by the financial crisis, was acquired by Forward Music.
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