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Big Time Records was an independent record label based in Sydney, Australia. The label was owned by Lance Reynolds and Fred Bestall, who managed Air Supply in their early days, among others. From 1979 until 1981, Big Time was distributed by Wizard Records, who were purchased by EMI (Australia) Ltd. In 1987–88, distribution moved to BMG and releases were branded more often with RCA, BMG and Big Time simultaneously. There were regional branches with offices in London and Los Angeles, publishing as Big Time Records UK Ltd and Big Time Records (America) Inc.