Record label done this. Historically, companies started in this manner have been re-absorbed into the major labels (two examples are American singer Frank Sinatra's Reprise Records, which has been owned by Warner Music Group for some time now, and musician Herb Alpert's A&M Records, now owned by Universal Music Group). Similarly, Madonna's Maverick Records (started by Madonna with her manager and another partner) was to come under control of Warner Music when Madonna divested herself of controlling shares in the company. Some independent labels become successful enough that major record companies negotiate contracts to either distribute music for the label or in
Herb Alpert has been married to recording artist Lani Hall, who is one of the singers of the Sérgio Mendes band Brasil '66, and the singer of the hit "Never Say Never Again", of the James Bond movie of the same name. They have one daughter, actress Aria Alpert. Alpert was referenced in the first show of the fourth season of "Get Smart" where one of the code signals between Maxwell Smart and his contact was "Herb Alpert takes trumpet lessons from Guy Lombardo." (This was also the pivotal episode where Maxwell and 99 express their love for each other & in