Verve Forecast is a record label formed as a division of Verve Records to concentrate on pop, rock, and folk music.
Founding
Jerry Schoenbaum of Verve and Moe Asch of Folkways created Verve Folkways in 1964 to take advantage of the popularity of folk music.[1][2] To broaden the label's appeal, the named was changed from Verve Folkways to Verve Forecast in 1967.[3] Schoenbaum was president of the label.[4]
History
Schoenbaum left in 1969 and Verve Forecast was closed by its parent company, MGM, in 1970.[4] After PolyGram bought MGM, the Verve Forecast catalog was incorporated into Polydor. The label was revived in the 1990s for smooth jazz releases by Chris Botti, Jeff Lorber, and Will Downing. When PolyGram merged with MCA Records to become Universal, the imprint was deactivated and its roster was transferred to GRP. In 2004, Verve Forecast was revived again to replace Blue Thumb Records to handle acts outside of jazz.