Looks like a duplicate label, although I am not completely sure. To merge / not to merge?
The first label points to the discogs page which contains the label code LC 12979 entered for the second label.
We can either merge into the oldest Delphian - logo is DELPHIAN and they call themselves Delphian in their bio - or we can simply keep both but add a relationship Delphian is an imprint of Delphian Records.
I have merged labels into “Delphian” (the older one, with more external links): https://musicbrainz.org/edit/71813797
Please consider to vote to speed up.
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