Saying goodbye to Rainbo Records — and 80 years of pop culture history

Rainbo was grossing about $4 million annually when it moved to Santa Monica in 1974 and invested in cassette duplicators, automatic pressing equipment, high-speed plating and shrink-wrap machines to become a one-stop shop. Two dozen presses pushed out Donna Summer and Bee Gees product, easy listening and budget classical recordings, and bawdy ...