Final answer:
By 1962, Atlantic Records had become completely independent, allowing it full control over its artist roster, recordings, and business choices, marking a significant point in the company's history as a pioneering music label.
Step-by-step explanation:
By 1962, Atlantic Records had gone completely independent. Atlantic Records, founded in 1947 by Ahmet Ertegun and Herb Abramson, initially functioned as an independent label specializing in jazz, R&B, and soul music. Throughout the 1950s and early 1960s, the label expanded its reach, producing hits for artists like Ray Charles and the Drifters.
Becoming completely independent meant that the company had the ability to make autonomous decisions regarding their musical artists, recordings, and business practices without external influence. This independence was significant during a time when many labels were part of larger corporate structures.
The move enabled Atlantic Records to cultivate a distinct identity, giving it the freedom to innovate and contribute to the shaping of popular music during that era.