Verve
Records was a jazz label founded by Norman Granz in USA in 1956, absorbing
the catalogues of his earlier labels, Clef Records and Norgran Records.
Granz sold the label to MGM in 1961 for $3 million. Creed Taylor was appointed
as producer, and adopted a more commercial approach, cancelling several
contracts.
In
1972, MGM sold its record labels to Polydor, bringing Verve into PolyGram's
international family of labels |