American record label founded by Phil Walden, Alan Walden, and Frank Fenter. First Incarnation 1969-1979 The first incarnation lasted from 1969 until 1979 when the company went out of business. During this period, distribution was handled by Atlantic Records, then Warner Bros and finally PhonoDisc (from 1977). Phonodisc releases can be identified by a CPN catalogue number prefix on many of them. In the UK and Europe Capricorn was distributed by Polydor from June 1974. Second Incarnation 1991-2000 The Waldens reformed the label for a second incarnation in the early 90s. via Discogs →