Why was Exitos Latinos on the Caytronics label?
Caytronics was founded by the Cayre brothers: Stan (b 1940), Joe (b 1943) and Ken (b 1945). Their father, Jack Cayre, was a Syrian immigrant who taught them three valuable principles: Product, Promotion and Distribution. They lived in Miami and gained a better understanding of Latin music than most of the record labels. Early in his career, Joe Cayre worked for Columbia Records International. The brothers began licensing Spanish music for sale on 8-track in the USA. They formed Caytronics in New York. They also formed the Mericana and SalSoul labels. They eventually sold most of their catalog to RCA for more than $100 million. Ray recorded Exitos Latinos for CBS in 1977. The album had a worldwide release on the CBS/Columbia labels. Columbia Special Products pressed it exclusively for distribution by Caytronics. After the RCA sale, an abridged version was released by Discos CBS International in 1981.
