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
Areito (record label) Areito (record label) Areito is a Cuban record label founded in 1964 as the primary imprint of EGREM, which is based in Havana. Areito is named after the recording studio from which the vast majority of its catalog stems, which in turn was named after the Taíno ritual of the same name. Prior to the nationalization of the Cuban music industry in 1961, the studio was property of the Panart record label. Since the 1960s, Areito/EGREM has been the main music company in Cuba, managing most of the recording, manufacture and distribution of albums, EPs and singles in the country.