A&M Records form A&M Octone Records, which operated until 2013, when A&M Octone was folded into Interscope. Today, A&M's catalog releases are managed by Verve Records, Universal Music Enterprises and Interscope. A&M Records was formed in 1962 by Herb Alpert and Jerry Moss. Their first choice for a name was Carnival Records, under which they released two singles before discovering that another label had already taken the Carnival name. The company was subsequently renamed A&M, after Alpert's and Moss's initials. From 1966 to 1999, the company's headquarters were on the grounds of the historic Charlie Chaplin Studios at 1416 North La Brea
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