Vernon Yard Recordings was an independent label owned by Virgin Records. Vernon Yard is a small mews off the Portobello Road in Notting Hill. Although Virgin owned a controlling interest in the label, they let Vernon Yard operate as a traditional indie (much like Virgin's relationship with Caroline Records), and therefore very few Vernon Yard releases were distributed by Virgin. In fact, Vernon Yard used many different distributors throughout its run, primarily the aforementioned Caroline, but also competing major label Capitol Records and other willing distributors. The label had a strong relationship with Virgin's British indie, Hut Records, importing Hut bands into the USA, and sending Vernon Yard-signed acts over to the UK for release on Hut.
Although the Vernon Yard label would still pop up occasionally up to the early 21st century, Virgin took greater control over the label in 1997, leading many key acts to leave the label. Virgin wanted to heavily promote The Verve's 1997 Urban Hymns and, as such, released the album on Virgin and not Vernon Yard. The label's other two most popular acts, Acetone and Low, left for Vapor Records and Kranky Records, respectively, around the same time. These moves effectively left Vernon Yard without its key artists, and only a handful of releases on Vernon Yard have appeared over the years. The most notable post-1997 release on Vernon Yard was the Low remix album OwL Remix.