Editing Asylum Records (section)

===Merger with Elektra Records===
{{Plain image with caption|Asylum Records.svg|width=170px|Asylum logo used between 1973 and 1980}}
Asylum was taken over by Warner Communications in 1973<ref>{{cite web|url=https://www.discogs.com/label/33574-Asylum-Records|title=Asylum Records|website=Discogs|access-date=14 March 2018}}</ref> and merged with Elektra Records to become Elektra/Asylum Records. David Geffen and Elliot Roberts each received $2 million in cash and $5 million in Warner Communications stock, thereby becoming two of the company's largest shareholders. Geffen served as president and chairman of Elektra/Asylum Records until 1975, when he crossed over to film and was named vice-chairman of [[Warner Bros.|Warner Bros]]. One of Asylum's most prominent signings after Geffen's departure was [[Warren Zevon]], who released a series of successful and critically acclaimed LPs for the label; his [[Warren Zevon (album)|self-titled 1976 label debut]] has been called the best California rock album of the decade.{{By whom|date=July 2018}}

By the early 1980s, although the copyright lines on albums still read "Elektra/Asylum Records" or "Elektra/Asylum/Nonesuch Records", Elektra was becoming the more prominent of the two labels with Asylum turning into a secondary imprint. By the middle of the decade, the company was unofficially calling itself Elektra Records, and in 1989 it was renamed Elektra Entertainment. By this time Asylum's remaining acts had been shifted to the Elektra roster, although catalog recordings and reissues continued to be sold with the Asylum label on them.