In September 2012 Capitol Records was purchased by Vivendi S.A. ![]() In the UK, Europe and Australasia EMI began releasing Capitol product in January 1956 after the licenses with The Decca Record Company Limited and other licensees expired. In 1979, Capitol was made part of the EMI Music "Worldwide division." In 2001, EMI Group Plc merged Capitol Records label with the Priority Records label. (EMI) acquired Capitol Records, Inc for $8.5 million. In January 1955, the British company Electric & Musical Industries Ltd. On June 4 of the same year, the label is named "Capitol" to avoid a conflict with the new yorker Liberty Music shops.īy 1946, Capitol had sold 42 million records and was established as one of the Big Six studios. De Sylva and record store owner Glenn Wallichs. company was founded on Apin Hollywood, California as "Liberty Records" by the songwriters Johnny Mercer, Buddy G. For LPs the label design may help identify the era of release. This is not a label and EMI should not be added as a label it instead indicates that Capitol was part of the EMI Group. (successor of Thorn EMI plc).įactories established and operated by the company included:Ĭapitol Records Pressing Plant, Los Angeles, Calif.Ĭapitol Records Pressing Plant, Jacksonville, Ill.Ĭapitol Records Pressing Plant, Winchester, VA.Ĭapitol Records-EMI Of Canada Limited Pressing Plant, Missisauga, Ont.Please note, many Capitol Records issues also carry an EMI logo. purchase of certain companies that formed part of EMI Group Ltd. In September 2012 Capitol Records became part of Universal Music Group, following Vivendi S.A. Since then, the company is named Capitol Records, LLC and this form is maintained to this day. existed in this form until 2007, when, after EMI's acquisition by Terra Firma Capital Partners, it changed its legal form to limited liability company. which became the principal company behind "EMI" music operations in the USA.Ĭapitol Records, Inc. magnetic tape division ( Capitol Magnetic Products) was closed (which was initially formed in 1974 through the "Audio Devices" merger), in the same year ultimate parent Thorn Emi plc undertook a restructuring of EMI Music Worldwide and established a new company - Capitol-EMI Music, Inc. and Thorn Industrial Electronics Ltd.) Following restructuring in 1988, Capitol Records, Inc. (Thorn EMI plc since 1981, formed through the merger of parent company EMI Ltd. became part of the newly established EMI Music (Worldwide division) of Thorn EMI Ltd. (successor of Electric & Musical Industries Ltd.) renamed Capitol Industries, Inc. ![]() who now subsequently owned 72%.(which rose to 97.5% as of 1974) in the combined business's. was the surviving company, Audio Devices, Inc was subsequently renamed Capitol Industries, Inc., which became the immediate parent (holding company) and principal US subsidiary company of Electric & Musical Industries Ltd. ![]() This was not a true acquisition but rather a reverse merger in that Capitol Records, Inc. On 29th Feb 1968 Audio Devices, Inc., a manufacturer of computer and recording tape, acquired Electric & Musical Industries Ltd.(EMI) stock in Capitol Records, Inc, in exchange for its own stock. Capitol record Club, Inc ( Capitol Record Club), Discos Capitol De Mexico, S.A., Beechwood Music Corp. established its own local subsidiary Capitol Record Club (Capitol record Club, Inc.)Īs of 1965 immediate subsidiaries / principal associated companies included - Capitol Records International Corp, Capitol Records Of Canada, Ltd. with it taking over the role of handling the Angel records label. In 1957 this company became an immediate subsidiary of Capitol Records, Inc. (As it did not have the rights to the use the Columbia name in the US and Canada). specifically to market and sell the European "Columbia" catalogue in the USA under the Angel Records trademark. Prior to the 1955 acquisition,"EMI" had established Electric & Musical Industries (U.S.) Ltd. This was a raised outer rim to protect the grooves when stacked on a changer, similar to the RCA "Gruve Gard". "EMI" with Glenn Wallichs becoming a member of the board, the following year in 1956 the company moved to the Capitol Tower, a 13-storey, circular office building near the corner of Hollywood and Vine street.ĭuring the mid-to-late 1950s, Capitol LPs had patented "T-RIM" process, as indicated on label rim text. ![]() was acquired by Electric & Musical Industries Ltd. Incorporated in 1942, in 1946 went public enabling it to raise the $2M to establish its first factory Capitol Records Pressing Plant, Scranton (at the time the worlds largest record pressing plant) Founded by Johnny Mercer, Glenn Wallichs and Buddy DeSylva with an initial investment of $10.000. Major US record company behind the Capitol Records label.
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