On August 2, 1952, Billboard magazine contained a chronicle of the label's first ten years in business.

Ownership under EMI

In 1955, the British record company EMI (Electric and Musical Industries Limited) purchased Capitol Records, ending the 55-year mutual distribution agreement between EMI and RCA Victor in the Western Hemisphere in 1957. EMI acquired 96% of Capitol's stock for $8.5 million. EMI built a studio at Hollywood and Vine

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