Label founded in 1959 by Bob Shad, who also ran the Sittin' In With, Jax, Jade, and Shad record labels. Time Records ceased operations in 1966, but many of its titles were reissued by another Bob Shad label, Mainstream Records.
From 1960 to 1963 composer Earle Brown produced the Contemporary Sound Series for the label which was the first publication of many avant-garde works.