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Magnet Records was a British record label, started in 1973 by Michael Levy and Peter Shelley. It was acquired by Warner Bros. Records in 1988 for an estimated £10m.Artists on the label included Alvin Stardust, Stevenson's Rocket, Matchbox, Adrian Baker, Silver Convention, Guys 'n' Dolls, Darts, Kissing the Pink, Bad Manners, David D'Or, Blue Zoo and Chris Rea, who all achieved success during the 1970s and 1980s.