In the 1970s Capricorn Records became well known for representing Southern rock bands like the Allman Brothers Band and Marshall Tucker Band.
Located in Macon, Georgia it was started by Phil Walden, Alan Walden and Frank Fenter in 1969 and by the mid 70s had quite an impressive list of artists including; The James Montgomery Band, Elvin Bishop, Wet Willie, Sea Level, Jonathan Edwards, Kingfish, Captain Beyond, White Witch, Grinderswitch, Cowboy, Hydra, Kitty Wells, Dobie Gray, Alex and Livingston Taylor, Travis Wammack and Stillwater.
In addition to ABB and MTB, Capricorn also managed the solo efforts of Duane Allman, Gregg Allman, Dickey Betts, Chuck Leavell and Butch Trucks. In the late 70s and seemingly overnight, Capricorn went bankrupt and closed it’s doors.
The influence that the label, the Walden brothers and it’s artists had on the industry and specifically Southern rock is quite amazing for an independent music label.
Walden’s pioneering spirit and determination to be all things to all artists led to the formation of various music business related ventures including; Phil Walden & Associates, The Paragon Agency, No Exit Music, Rear Exit Music and numerous other non-music related businesses. He was building his empire, fast and steady – some say too fast but it was the 70s and it was rock and roll.
Phil Walden died in his Macon home in 2006, but his legacy and the history of Capricorn label is still very much alive and present.
"Phil was one of the preeminent producers of great music in America," former president Jimmy Carter said in a statement at the time of Walden’s death. Walden's work with Redding, the Allmans and others, Carter said, "helped to put Macon and Georgia on the musical map of the world.” Walden was inducted into the Georgia Music Hall of Fame in 1986.
In March Backstage Auctions will host a historical event showcasing memorabilia featuring the artists that defined the Southern Rock and Soul sound of the 1960s and 1970s. The auction will be live and open for bidding from March 14 - 22, 2015.
For more information on the auction and to register for a VIP All Access Pass click here: Auction