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Capricorn Records

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Capricorn Records is an independent record label which was launched by Phil Walden in 1969 in Macon, Georgia (with offices in Atlanta). Capricorn became famous for its role in spearheading Southern rock, with The Allman Brothers Band at the forefront, but also including the Marshall Tucker Band, Wet Willie, Elvin Bishop, and Jonathan Edwards. At first the records were distributed by Atlantic Records, later changing to Warner Brothers Records. Capricorn went out of business in 1982.

The label was later relaunched out of Nashville, Tennessee as a joint-venture with Warner Bros. in the early 1990s. Distribution later jumped to Sony Music's independent RED Distribution network, then Mercury Records. 311 and Cake were the most popular artists to come out of Capricorn during this period. Zomba Records subsidiary Volcano Entertainment purchased the second incarnation of Capricorn (which by then, was headquartered once again in Atlanta) in 2001.

Other artists ranged from Rabbitt to Big Sister (band). By 2002, new releases on Capricorn were not to be, as remaining artists were dropped, transferred to Volcano (311), or moved to other labels (Cake). Capricorn may have been relaunched under a new name.

Capricorn founder Phil Walden died on April 23, 2006 at the age of 66.

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