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
Korova (record label) Korova (record label) Korova is a record label, named after the fictitious Korova Milk Bar that was featured in the film "A Clockwork Orange", 'korova' also being the Russian word for 'cow'. The imprint was founded in London, UK in 1979 as a division of Warner Music Group, with its first album release being Echo & The Bunnymen's debut "Crocodiles". The label was active throughout the 1980s, not only releasing recordings by Echo & the Bunnymen, but also Airhead, The Sound, Guns for Hire, Dalek I Love You, Tenpole Tudor, Lori & The Chameleons, Ellery Bop and Strawberry Switchblade. The