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
Calliope (record label) Calliope (record label) Calliope is a French classical record label originally based in Compiègne. It was founded in 1972 by Jacques Le Calvé, a record shop owner, upon the encouragement of Erato Records producer Michel Garcin. The label was named after Calliope, the muse of epic poetry and mother of Orpheus, and not the calliope organ. Its artists included the organists André Isoir and Louis Thiry and Jean-Claude Casadesus with the Orchestre de Lille. Le Calvé retired from the label in 2010. The rights to some of the Calliope catalogue were then acquired by Phaia Records with a dozen reissues