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
Tommy LiPuma representative for Liberty Records which eventually acquired Imperial Records and its publishing catalog. From here, LiPuma began working in music publishing, but also produced demo sessions for young songwriters such as Jackie DeShannon, Randy Newman and P.J. Proby. In late 1964, LiPuma produced his first recording for release with fellow Clevelanders The O'Jays, yielding the Top 40 R&B hit, "Lipstick Traces". In 1965, Herb Alpert and Jerry Moss hired him to be the first staff producer for their A&M label. Over the next four years, he produced the Top 40 hits, "Guantanamera" for the Sandpipers, "The More I See You"