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In page Dave Brubeck:

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Jack Sheedy owned San Francisco-based Coronet Records, which had previously recorded area Dixieland bands. (This Coronet Records should not be confused with either the late 1950s New York-based budget label, nor with Australia-based Coronet Records.) In 1949, Sheedy was talked into making the first recording of Brubeck's octet and later his trio. But Sheedy was unable to pay his bills and in 1949 turned his masters over to his record stamping company, the Circle Record Company, owned by Max and Sol Weiss. The Weiss brothers soon changed the name of their business to Fantasy Records.