Complex sentence: The label closed after the first years trading due to a complete lack of success, its owners went their separate ways although both ended up in Hollywood, Bonnie as an artist for RCA Victor Records and then Dot Records and Dennon doing promotion work for Era Records.
Split into simpler sentences: The label closed after the first year's trading due to a complete lack of success. Its owners went their separate ways although both ended up in Hollywood, Bonnie as an artist for RCA Victor Records and then Dot Records and Dennon doing promotion work for Era Records.