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
Herb Alpert "Steppin' Out", which won a Grammy for Best Pop Instrumental Album. Next came "In The Mood" (2014) and "Come Fly With Me" (2015), which peaked at #7 on Billboard's Top Jazz Albums chart. Also, Alpert formed a new label called "Herb Alpert Presents" in order to release his catalog reissues and his new works. The first reissues were in November 2015 with the Tijuana Brass' "Whipped Cream & Other Delights" and "Christmas Album". Reissues of most of the other Tijuana Brass albums came in September 2016, along with another new album "Human Nature", which was nominated for a 2017 Grammy