Satellite Records (renamed to 'Stax' in 1961) was founded in 1959 by Jim Stewart and Estelle Axton.
The first successful artists recorded by Satellite were vocalists Rufus and Carla Thomas, a father-daughter duo whose work attracted Atlantic Records, with whom Stewart made a contract giving ownership of master tapes and first choice on releasing recordings.
Fantasy Records bought the post-Atlantic (post-May 1968) Stax recordings and continued to repackage and rerelease the Stax catalogue.
Atco Records was a United States based subsidiary label of Atlantic Records.
In 1991, Atlantic merged Atco with its fledgling Eastwest Records label, and briefly operated the combination as Atco/Eastwest Records.
As of mid-2005, its most recent release (in a joint venture with Rhino Records) was the soundtrack to the Bobby Darin biopic Beyond the Sea, starring Kevin Spacey and featuring Spacey's renditions of Darin classics.