[1] The label's owner was Marvin Schlachter,[2] and his business partner was Stan Hoffman, who had worked with him at Janus Records, and later Pye/ATV.

At the outset, Prelude's LP and 45 catalogue numbers were the same as had begun under Pye (US), with the prefix changed from PYE- to PRL-.

For a very short period at the start, Pye's then-parent, ATV Music, owned Prelude.It first made its small release with a large name called JUMBO, which spawned a minor hit with "Turn On To Love".

Having recruited Kevorkian, the label was able to focus on remixes; to change up an existing song by altering it slightly.

[1] Prelude's biggest hits included "In the Bush" by Musique (1978), "Come to Me" by France Joli (1979), "A Little Bit of Jazz" by the Nick Straker Band and "Must Be the Music" by Secret Weapon (1981).