Mushroom Records was an Australian independent record label, founded in 1972 in Melbourne. It published and distributed many successful Australian artists and expanded internationally, until it was merged with Festival Records in 1998. Festival Mushroom Records was later acquired by Warner Bros. Records, which operated the label from 2005 to 2010. Founder Michael Gudinski is now the leader of the Mushroom Group, the largest independent music and entertainment company in Australia.