A&M Records form A&M Octone Records, which operated until 2013, when A&M Octone was folded into Interscope. Today, A&M's catalog releases are managed by Verve Records, Universal Music Enterprises and Interscope. A&M Records was formed in 1962 by Herb Alpert and Jerry Moss. Their first choice for a name was Carnival Records, under which they released two singles before discovering that another label had already taken the Carnival name. The company was subsequently renamed A&M, after Alpert's and Moss's initials. From 1966 to 1999, the company's headquarters were on the grounds of the historic Charlie Chaplin Studios at 1416 North La Brea
Karen Carpenter (album) heart." The liner notes (including comments from Richard Carpenter and producer Phil Ramone) include Richard's explanation for shelving the album in 1981, and his later decision to release it as Karen approved it. Karen was backed by various New York and Los Angeles studio musicians, including Steve Gadd, Greg Phillinganes, Louis Johnson and members of Billy Joel's band. A&M executives in New York approved the material, but the executives in Los Angeles, including label owners Herb Alpert and Jerry Moss, responded negatively. Ramone recalls that Carpenter broke down in tears. Devastated, she accepted A&M's urging not to release the album.