It was established in 1964 as the "All-Union Gramophone Record Firm of the USSR Ministry of Culture Melodiya". It utilized gigantic resources of numerous recording studios, manufacturing facilities throughout the USSR as well as powerful centres of distribution and promotion system. The best selling format at the time was 33⅓ and 78 RPM vinyl records. As of 1973 Melodiya released some 1,200 gramophone records with the total circulation of 190-200 million per year and 1 million compact cassettes per year and was exporting its production into more than 70 countries.
