A&M Records all newer artist signings were made under the A&M/Octone joint venture. Acts that were already signed to the label before the merger with Octone, however, would remain on the main A&M label. After six successful years of operation, in September 2013, Octone initiated its buy/sell rights in the joint venture, resulting in Interscope-Geffen-A&M purchasing Octone Records' 50% interest in A&M/Octone, absorbing and restructuring the artist roster into Interscope operations in 2014 as announced. A&M Records A&M Records was an American record label founded as an independent company by Herb Alpert and Jerry Moss in 1962. Due to the success of
Herb Alpert 1997 "Billboard" Latin Music Awards. Alpert has worked as a Broadway theatre producer, with his production of Tony Kushner's "Angels in America" winning a Tony Award. Alpert was awarded Society of Singers Lifetime Achievement Award by Society of Singers in 2009. Alpert was awarded one of the 2012 National Medal of Arts awards by President and Mrs. Obama on Wednesday, July 10, 2013, in the White House's East Room. Alpert won a Grammy Award on January 26, 2014 for Best Pop Instrumental Album for his work on "Steppin' Out". In the 1980s Alpert created The Herb Alpert Foundation and the