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Interscope Records (Topic)

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Interscope Records is an American record label owned by Universal Music Group through its Interscope Geffen A&M imprint. It was founded in late 1990 by Jimmy Iovine and Ted Field as a $20 million joint venture with Warner Music Group's Atlantic Records. At the time, it differed from most record companies by giving decision-making authority to its A&R staff and allowing artists and producers complete creative control. It had its first hit records less than a year after it was founded, and achieved profitability in 1993. Iovine served as chairman and CEO until May 2014, when he was succeeded by John Janick.

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