Jerry Moss their new-found company A&M Records. After the A&M label was purchased by PolyGram, the two men went on to form Almo Sounds in 1994, a new record label which continues to operate. Moss and Herb Alpert were inducted into the Rock and Roll Hall of Fame in 2006 as nonperformers. Jerry Moss and his wife, Ann, are also longtime horse breeders and owners who received the largest ever first-place purse from the Kentucky Derby in 2005 after the victory of the first horse he had ever entered in that race, Giacomo. In 2004, Moss was appointed to the California Horse
UCLA Herb Alpert School of Music of Theater, Film, Television, a redefined School of the Arts and Architecture, and the new School of Music. In 2017, UCLA announced the Herb Alpert School of Music would establish the Lowell Milken Fund for American Jewish Music to support research and performance of American Jewish music. The name Herb Alpert School of Music was approved by the Board of Regents after the acceptance of a generous gift of $30 million from the Herb Alpert Foundation in 2007. The entire school is housed in either the Schoenberg Music Building, established in 1955 and 1965, and the Evelyn and Mo Ostin