A&M Octone Records
A&M Octone Records (formally known as OctoScope Music LLC) was an American record label. It was a joint venture between Universal Music Group and Octone Records.
The label represented a merger of Interscope-Geffen-A&M's A&M Records defunct label with Octone Records. A full-service artist development label, A&M/Octone operated music publishing, merchandising and touring entities – in addition to specializing in recorded music.
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.
Overview
History
Launched in 2000, Octone Records was founded by CEO/President James Diener and distributed through Sony BMG. After successful signing, release, marketing and promotion on Octone, artists were given the option of upstreaming to RCA Music Group, via a joint-venture between the two companies. Upon launch, Diener and Octone Records were also well known in the music industry for their entrepreneurial private-equity financing model.