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This article is about the Christian music company. For the short-lived record label named Parachute Records, see Casablanca Records.Parachute Music is a Christian music organisation from New Zealand, that was formed in 1989 and operates in two main areas: Events and Artist Management. The organisation runs the annual Parachute Festival, which has grown to become a staple of the Kiwi summer and regularly attracts an audience of 25,000+ to the four-day festival.