[3][4] It was announced in the August 8, 1970 edition of Billboard that the label was to be launched in mid September of that year by the U.K.
In the U.K, Damill recordings were currently being released by PYE's subsidiary Marble Arch.
[5][6] By July 1974, five million Damont produced Stereo Gold Award albums had been sold via Woolworths since they had started selling them.
In recognition of the level reached, Damont MD Monty Presky presented Woolworths buyer Bob Egerton with a gold disk.
In a Billboard article dated February 17, 1979, Damont's MD Monty Presky was quoted as saying Woolworths would concentrate on a higher priced repertoire in the future and building its custom pressing business.