A&M Records all newer artist signings were made under the A&M/Octone joint venture. Acts that were already signed to the label before the merger with Octone, however, would remain on the main A&M label. After six successful years of operation, in September 2013, Octone initiated its buy/sell rights in the joint venture, resulting in Interscope-Geffen-A&M purchasing Octone Records' 50% interest in A&M/Octone, absorbing and restructuring the artist roster into Interscope operations in 2014 as announced. A&M Records A&M Records was an American record label founded as an independent company by Herb Alpert and Jerry Moss in 1962. Due to the success of
Herb Alpert Alpert Awards in the Arts with The California Institute of the Arts (CalArts). The Foundation supports youth and arts education as well as environmental issues and helps fund the PBS series "Bill Moyers on Faith and Reason" and later "Moyers & Company". Alpert and his wife donated $30 million to University of California, Los Angeles in 2007, to form and endow the UCLA Herb Alpert School of Music as part of the restructured UCLA School of the Arts and Architecture. He gave $24 million, which included $15 million from April 2008, to CalArts for its music curricula, and provided funding