Some time ago the German record label Delta Music declared bankruptcy.  They owned the classical label Capriccio, though it only contributed 12% to 15% of the sales for Delta. The artistic director at Capriccio started on May 1 a new high end classical label, Phoenix Edition. The derivation of the new name is clear. Phoenix Edition is now an independent, separated label, with great plans for future recording sessions. Capriccio continues as a sublabel of Delta Music. Phoenix is partnered with the WDR, NDR, Deutschlandradio Kultur, the Deutsche Oper Berlin and Vienna’s Volksoper.  The label is also planning DVDs of operas by Krenek and Kurt Weill. Some of the instrumental releases will be Schnittke’s piano concertos, piano sonatas by Boely and Shostakovich’s cello concertos.