The Moody Blues' contract with Decca Records was set to expire and they owed the label several thousand pounds in advances. The second album had never materialised either. They had the support, however, of Decca A&R manager Hugh Mendl, who had been instrumental in the recent establishment of London/Decca's new subsidiary imprint Deram Records. With Mendl's backing, the Moody Blues were offered a deal to make a rock and roll version of Antonín Dvořák's "New World Symphony" to promote the company's new Deramic Stereo Sound audio format in return for which the group would be forgiven their debt.