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
Karen Carpenter (album) heart." The liner notes (including comments from Richard Carpenter and producer Phil Ramone) include Richard's explanation for shelving the album in 1981, and his later decision to release it as Karen approved it. Karen was backed by various New York and Los Angeles studio musicians, including Steve Gadd, Greg Phillinganes, Louis Johnson and members of Billy Joel's band. A&M executives in New York approved the material, but the executives in Los Angeles, including label owners Herb Alpert and Jerry Moss, responded negatively. Ramone recalls that Carpenter broke down in tears. Devastated, she accepted A&M's urging not to release the album.