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North America/United States of America/California/Los Angeles/Capitol Records/
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Capitol Records
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- 4700 Santa Monica Blvd., Los Angeles, California, United States of America
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The Capitol Records Company was founded by songwriter Johnny Mercer in 1942, with the financial help of movie producer Buddy DeSylva and the business acumen of Glenn Wallichs (1910-1971), owner of Music City, at the time the biggest record store in Los Angeles, California. Wallichs Music City record store opened in 1940 and was located in Hollywood on the corner of Sunset and Vine. It was the premier music store in Southern California for decades but closed in 1978. [1]
Johnny Mercer first suggested the idea of starting a record company while he was golfing with Harold Arlen and Bobby Sherwood. He told them, "I’ve got this idea of starting a record company. I get so tired of listening to the way everyone treats music. I keep feeling they’re selling out. And I don’t like the way artists are treated either. Bing Crosby isn’t the only one who can make records. I don’t know, I think it would be fun." By 1941, Mercer was not only an experienced songwriter, but a singer with a number of records to his name. Mercer next suggested starting a record company to his friend Glenn Wallichs while Mercer was visiting Wallichs' record store. Wallichs responded, "Fine, you run the record company and find the artists,' and Mercer added, "and you run the business." [1]
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