Philles Records was an American record label formed in 1961 by Phil Spector and Lester Sill, the label taking its name from a hybrid of their first names. Initially, the label was distributed by Jamie/Guyden in Philadelphia. In 1962, Spector purchased Sill's stock to become sole owner at 21 years of age, America's youngest label chief at the time. Founding and background The label issued 12 albums over the course of its existence, but with the exception of A Christmas Gift for You, the focus was always on the single. However, Philles X-125 is a reissue of Philles 119, and X-125 exists with two different B-side tracks, as "Winter Wonderland" (1964) and "Winter Blues" (1965) were substituted for the original flipside, "Harry and Milt Meet Hal B" (1963). "Harry and Milt" and many other flipsides were deliberately undistinguished instrumentals, which were intended to focus attention on the A-sides. These B-sides were originally credited to the A-side artists, but later pieces were credited to the Phil Spector Group. Also, most discographies, including the one in the Back to Mono booklet, list two items with catalogue number Philles 123. "Stumble And Fall" by Darlene Love was released and then withdrawn (both stock and promos exist) in August 1964 (according to Billboard magazine). Its number was replaced with "Walking in the Rain" by The Ronettes, which came out that October. Philles 111 also has two B-sides: "My Heart Beat a Little Bit Faster" and "Playing for Keeps." The last few singles (134, 135, and 136) received much less airplay than their predecessors. Although singles 134 and 135 were "charted" by Billboard, single 136 did not—although both promo and regular stock copies exist. The promotion-only single "(Let's Dance) The Screw" by The Crystals is known only in the form of a handful of promotional copies and one stock copy. After the chart failures of the last few singles, Phil Spector stopped producing and releasing new records on Philles. In the summer of 1966, he signed Bob Crewe and Jeff Barry to produce The Ronettes and Ike & Tina Turner. The label effectively ceased operations in 1967, and Spector did not return to production work for another two years. There was one more Philles record, The Phil Spector Spectacular. It was released only to radio stations in 1972, along with a letter from Phil. The Philles catalog is now administered by Sony Music Publishing, which