Avant moved from Manhattan to Beverly Hills to work with Venture Records Inc. in the Fall of 1967, doing so until 1969 when MGM Records shut down the label and joint venture. During this time, record producer, songwriter, and executive Al Bell enlisted the aid of Avant, whom he had met through the National Association of Television and Radio Announcers (NATRA), to sell Stax Records to Gulf+Western. The deal was finalized on May 29, 1968 for $4.3 million, with Avant receiving ten percent of all debentures.