The Moody Blues ( B12 )

The idea was for Threshold to produce new albums and deliver them to London/Decca who would act as distributor. The group attempted to build Threshold into a major label by developing new talent – most notably the UK hard rock band Trapeze and the Portland, Oregon, classical-acoustic sextet Providence – but these efforts were unsuccessful and the Moodies eventually returned to more traditional recording contracts. However, they helped lay groundwork for other major acts to set up similar personal labels and distribution deals, including the Rolling Stones' own label and Led Zeppelin's Swan Song, and all of the Moodies' studio releases from 1969 to 1999 bore the Threshold logo on at least one of their format versions.

A break and solo work, 1974–1977

In the spring of 1974, after completing a vast world tour that culminated with a tour of Asia, the group took an extended break, erroneously reported as a break-up at the time, because of the other band members feeling exhausted and overshadowed (this was said by Hayward in the final issue of Higher & Higher magazine 2006). Although the band had typically featured four lead vocalists (with Edge also contributing vocally), Hayward was the principal guitarist/vocalist whilst Pinder was considered to be the person most responsible for their symphonic sound, arrangements, and overall conceptual direction. Pinder and Thomas also doubled as the Moodies' onstage MCs (as the "Caught Live + 5" album displayed. Caught Live + 5 was a live double album recorded c. 1969 but released c. 1977 with five previously unreleased studio tracks from 1967-69 added.)

Before the band's 1973–74 world tour (their last with Pinder), Hayward wrote a song called "Island" with the intention of including it on a potential follow-up album, which the Moodies recorded in 1973 before ultimately going their separate ways. An additional cause of the hiatus were the long tours that had by this time strained Pinder, who needed a rest. In 1974 the band oversaw preparation of the compilation album This Is The Moody Blues which was released that year.

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