The label is owned by metalcore band NORA's vocalist, Carl Severson, and based in West Windsor, New Jersey.
As of September 12, 2007, Ferret partnered with an uprising extreme metal and hardcore punk label out of the UK, Siege of Amida Records (S.O.A.R.).
On February 18, 2010 Carl Severson and his business partner at Ferret and ChannelZERO, Paul Conroy, announced their departure from the company to start Good Fight Entertainment, a management company with music and sports divisions along with a new record label.
[3] Ferret's official website was last updated in 2009, adding to speculation that the label is defunct.
According to Scott Mellinger, lead guitarist for Zao, Ferret Records sold to Warner Music while Severson went on to start Good Fight.