Capitol Records, Inc.

Major US record company behind the Capitol Records label. Founded by Johnny Mercer, Glenn Wallichs and Buddy DeSylva with an initial investment of $10.000.
May also appear as: Capitol Records Inc. or Capitol Records, Inc

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)

In 1955 Capitol Records, Inc. was acquired by Electric & Musical Industries Ltd. "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.

During the mid-to-late 1950s, Capitol LPs had patented "T-RIM" process, as indicated on label rim text. This was a raised outer rim to protect the grooves when stacked on a changer, similar to the RCA "Gruve Gard". T-RIM LPs can weight 130-150 grams.

Prior to the 1955 acquisition,"EMI" had established Capitol Record Club (Capitol record Club, Inc.)

As of 1965 immediate subsidiaries / principal associated companies included - Capitol Records International Corp, Beechwood Music Corp. and tower records (1964)

On 29th Feb 1968 Capitol Industries-EMI, Inc.

In 1979, Capitol Records, Inc. became part of the newly established Capitol-EMI Music, Inc. which became the principal company behind "EMI" music operations in the USA.

Capitol Records, Inc. 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. Since then, the company is named Capitol Records, LLC and this form is maintained to this day.

In September 2012 Capitol Records became part of EMI Group Ltd. (successor of Thorn EMI plc).

Factories established and operated by the company included:
Capitol Records-EMI Of Canada Limited Pressing Plant, Missisauga, Ont.