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- $500 millionCapitol Music Group- $500 million Capitol Music Group was formed in 2007 by merging Virgins Record and Capital Records. Capitol Records is a record label founded in 1942 by Glenn E. Wallichs, Jonny Mercer and Buddy DeSylva. They were successful because they could sign some notable musicians like Nat King, Billie Holiday and Bing Crosby.www.therichest.com/rich-powerful/the-richest-record-labels-in-the-world-ranked/
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Capitol Records - Wikipedia
Capitol Records, LLC (known legally as Capitol Records, Inc. until 2007) is an American record label owned by Universal Music Group through its Capitol Music Group imprint. It was founded as the first West Coast-based record label of note in the United States in 1942 by Johnny Mercer, Buddy DeSylva, … See more
Founding
Songwriter Johnny Mercer founded Capitol Records in 1942 with financial help from songwriter and film producer Buddy DeSylva and … See moreCapitol's recording studios were designed to minimize noise and vibration, then newly important goals in the high-fidelity sound era. An inner … See more
Designed by Welton Becket with Louis Naidorf, a young architect from Becket's office, serving as project designer the thirteen-story, … See more
Capitol modified albums that were originally released in other countries on other labels. Albums released in the United States contained fewer tracks, usually no more … See more
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