Hungaroton is the oldest record and music publisher company in Hungary.

Hungaroton was founded in 1951,[1] when its only competitors in the Hungarian music market were record labels like Melodiya, Supraphon and Eterna [de] from other socialist countries.

Also new popular music, rock and jazz labels (Pepita, Bravó, and Krém) were founded.

In the early 1990s the massive import of foreign records caused a serious decrease in Hungaroton's sales.

The Hungaroton Gong and Hungaroton Classic companies went private in 1995, and were reunited in 1998 under the name Hungaroton Records Publisher Ltd. Nowadays it publishes approximately 150 new records per year, half of it classical and half of it popular music.