A&M/Octone To Launch
February 20, 2007 at 2:22 PM (PT)
A&M/OCTONE has been formed and will be headed by CEO/President JAMES DIENER, formerly Pres. of OCTONE RECORDS and Sr. VP/A&R-Marketing for J RECORDS and the RCA MUSIC GROUP. In the formation of the label, A&M/OCTONE is acquiring SONY BMG's interest in OCTJAY, a joint venture between SONY BMG and OCTONE RECORDS. A&M/OCTONE will be based in NEW YORK and distributed worldwide by the UNIVERSAL MUSIC GROUP. The current A&M roster artists will remain within the INTERSCOPE GEFFEN A&M family marketed under the established A&M name.
DIENER will be joined by his senior executive team of GM DAVID BOXENBAUM and Exec. VP/Head of Promotion BEN BERKMAN. Other key A&M/OCTONE executives will be announced shortly.
"A&M is one of the jewels in our family of labels, which has thrived under the leadership of RON FAIR," said INTERSCOPE GEFFEN A&M Chairman JIMMY IOVINE. "Ever since he became Chairman of GEFFEN RECORDS, I have been thinking about the next chapter for A&M. Once I got to know JAMES DIENER, and recognized his accomplishments with OCTONE, I saw the opportunity to marry these two imprints in order to create a new exciting company, in the tradition established by HERB ALPERT and JERRY MOSS, ideal for these dynamic times."
DIENER said, "The launch of A&M/OCTONE represents an important new artist-development opportunity for the industry. I couldn't be more excited, enthusiastic and determined to honor the heritage and tradition of the A&M legacy. On behalf of myself, my OCTONE executive team and our artists, we are uniquely grateful to JIMMY IOVINE and the entire INTERSCOPE family -- as well as DOUG MORRIS and the UNIVERSAL MUSIC GROUP -- for this endorsement of support and partnership."
A&M/OCTONE will be home to GRAMMY AWARD-winning band MAROON 5 and alternative rockers FLYLEAF. The label's first release will be the highly anticipated studio follow-up to MAROON 5's debut album, "Songs About Jane."