This story is going to make thousands of people sick with envy. What happened next?
The label got successful fairly quick. The first year was exciting. We spent the first two months trying to think up the name of the label and finding out where to plug the phones in. Meanwhile, all these bands were passing through our hands because of all of Jimmy’s connections. Everyone was excited about Jimmy heading up a new label with Ted Field. Ted’s holding company was called Interscope, but nobody wanted to call the label Interscope. Everybody thought it sounded like an aerospace company. But we never thought of another name, so it stuck.