It was founded by businessman Peter Lam and singer Leon Lai on 28 July 2004.

[citation needed] On 20 December 2005, Amusic released a Christmas compilation album consisting of songs of Leon Lai, Janice Vidal, Charles Ying, Jill Vidal and Chapman To.

At the same time, Leon participated in the vocals of Chapman R&B style song "Joy till dawn".

Capital Artists closed down in 2001, due to financial problems, and was said not to produce music.

Miriam Yeung was the first singer to sign back to Capital Artists in 2010.