Independent label: The Progressive label of Decca Records.  Deram pursued a suitably broadminded recording policy, venturing into various forms of Rock, Folk and Jazz; for some reason it was used as an Easy Listening label as well.  Among its biggest-selling artists were Cat Stevens - four Top 30 singles in 1966-67 - Caravan, Camel, and the Moody Blues.  The Moodies', 'Nights In White Satin' (DM-161) entered the Top 20 in 1967, 1972 and 1979; and Procol Harum's, 'Whiter Shade Of Pale' (DM-126) proved equally popular.   By the time the '70s came around, however, Stevens had been lost to Island, and the Moody Blues had left to start their own Threshold label.  With the exception of an occasional hit from the likes of Junior Campbell, the '70s were a quiet decade for Deram.  It enjoyed a revival in 1978-81 as a home for Decca's few Punk / New Wave bands, and tickled the Charts with singles from such groups as the Modettes and Splodgenessabounds; but that was about the lot.  Throughout most of its life Deram's records were, of course, manufactured and distributed by parent company Decca.  When Decca was sold to PolyGram, in 1980, Deram went with it; the familiar fawn-and-white paper label changed to a green injection-moulded one.  At least two different kinds of label were used for Deram demos in the '70s.  The first company sleeve appears to date from 1967.  Thanks to Robert Lyons for the info.

80 Splodgenessabounds Simon Templar DERAM BUM 1
81 Splodge Max Bicycle Seat DERAM BUM 2
81 Splodgenessabounds Cowpunk Medlum DERAM BUM 3
80 Modettes Paint It Black DERAM DET 1
81 Modettes Dark Park Creeping DERAM DET 2
81 Modettes Tonight DERAM DET 3
82 Splodgenessabounds Two Little Boys DERAM ROLF 1
82 Bananarama Really Saying Something DERAM NANA 1