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
Herb Alpert recording industry as executives and the Grammy Lifetime Achievement Award in 2007. In May 2000, Alpert was awarded an honorary doctorate from Berklee College of Music. For his contribution to the recording industry, Alpert has a star on the Hollywood Walk of Fame at 6929 Hollywood Blvd in 1977. Moss also has a star on the Walk of Fame. Alpert and Moss were also inducted into the Rock and Roll Hall of Fame on March 13, 2006 as non-performer lifetime achievers for their work at A&M. Alpert received the "El Premio "Billboard"" for his contributions to Latin music at the