 At the height of Capricorn Record's success, Fortune magazine, the business periodical, went on to recognize Fenter as a "Promotional Genius".Singly or together, the two partners discovered and signed such recording artists as The Allman Brothers, The Marshall Tucker Band, Elvin Bishop, Wet Willie, Sea Level, The Dixie Dregs, Jonathan Edwards, Billy Thorpe, Stillwater and Alex Taylor and eventually made Capricorn Records one of the most successful independent recording companies in America.Capricorn Records declared bankruptcy in late 1979, but, in 1983, Capricorn Records was restructured and ready to forge a comeback, however, in the middle of negotiating a distribution deal with Mo Ostin, the Chairman of Warner Bros. Records, Fenter died of a heart attack in the Capricorn office; and with his death, the deal with Warner Bros. fell apart.