They didn't fire Atlantic...LZ's contract expired and they formed Swan Song with Atlantic in 1974. The first Swan Song album for LZ was Physical Graffiti.
Sirius XM does a cool division with what they consider Classic Rock: Classic Vinyl covers late 60s-mid 70s. Classic Rewind covers mid-70s to mid-80s. Then you have Ozzy's Boneyard, which covers a lot of heavy metal from the 70s to now.
As much as it pains me to say it, bands from my formative years are considered classic rock now, including grunge and hair metal. And that's alright, because the shit IS classic.
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