 At the start of the European tour, according to renowned producer, Tom Dowd, Fenter suggested he record the live concerts and, with Frank Fenter's direction, Stax Records, a label affiliated with Atlantic Records, experienced a sales jump, with seven of the eleven albums recorded live on the European tour received gold certifications.In 1969, Frank Fenter and Phil Walden , former co-manager of Otis Redding, Sam and Dave, and other Stax artists, formed Capricorn Records with a distribution deal from Atlantic Records.Working with Phil Walden and Jerry Wexler, Frank Fenter negotiated the Capricorn deal with his mentor, Ahmet Ertegun Frank Fenter and Phil Walden envisioned a new kind of record company structure that would be vertically integrated.