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
Amiga (record label) Amiga (record label) Amiga is a popular music record label in Germany. Once an organ of the East German state-owned music publisher VEB Deutsche Schallplatten, Amiga became a label of the Bertelsmann Music Group in 1994. In 1947, actor and singer Ernst Busch got permission from the Soviet Military Administration in Germany to create a music publishing house, which was named Lied der Zeit GmbH ("Song of the Times"). This publishing company included the label Amiga. In the 1950s, Lied der Zeit became VEB Deutsche Schallplatten ("German Records"), a state-owned company with a monopoly on record production. VEB Deutsche Schallplatten