Casablanca Records is a record label which was started by Neil Bogart, who partnered with Cecil Holmes, Larry Harris and Buck Reingold, in 1973 after all of them left Buddah Records. The label released hits by Kiss, Donna Summer, Cher, The Village People, and Parliament featuring George Clinton. The label's film division, Casablanca Filmworks, had hits with The Deep and Midnight Express. PolyGram acquired a 50 percent stake of Casablanca in 1977 for $15 million; however, in 1980 Polygram pushed Bogart out due to accounting irregularities and poor label performance. Afterwards, the label had hits with Lipps Inc and Irene Cara. The label was shut down eventually with the artist roster and catalogue absorbed into Mercury Records.In 2000, the name was revived for a joint venture between Universal Music Group and Tommy Mottola. In a Billboard article, Mottola said that he chose the name as an homage to the original label, but that there was no direct connection between the old and newlabels. Casablanca is now a part of Universal Motown Republic Group.