Stanley Kubrick's Lolita, as well as forging a successful production partnership with noted British studio Hammer Films. Hyman's purchase of Jack L. Warner's controlling share of the Warner group for US$32 million stunned the film world—Warner Records executive Joe Smith later quipped that it was The newly merged group was renamed Warner Bros.-Seven Arts (often referred to in the trade press by the abbreviation it adopted for its new logo, "W7"). Although Warner Bros. Pictures was faltering, the purchase coincided with a period of tremendous growth in the music industry, and Warner-Reprise was now on its way to becoming a major player in the industry. Hyman's investment banker Alan Hirshfeld, of Charles Allen and Company, urged him to expand the company's record holdings, and arranged a meeting with Jerry Wexler, and Ahmet and Nesuhi Ertegun, co-owners of leading independent label Atlantic Records, which eventually resulted in the purchase of Atlantic in 1968. In June 1967, Mo Ostin attended the historic Monterey International Pop Festival, where The Association performed the opening set. Ostin had already acquired the US rights to The Jimi Hendrix Experience's recordings, sight unseen, but he was reportedly unimpressed by Hendrix's now-famous performance. During his visit he met Andy Wickham, who had come to Monterey as an assistant to festival promoter Lou Adler. Wickham had worked as a commercial artist in London, followed by a stint with Andrew Loog Oldham's Immediate Records before moving to Los Angeles to work for Adler's Dunhill label. Ostin initially hired Wickham as Warner's "house hippie" on a generous retainer of $200 per week. Hanging out around Laurel Canyon, Wickham scouted for new talent and established a rapport with the young musicians Warner Bros. was seeking to sign. Like Lenny Waronker, Wickham's youth, intelligence and hip attitude allowed him to bridge the "generation gap between these young performers and the older Warner 'establishment'". He played a major role in signing Eric Andersen, Jethro Tull, Van Morrison, and Joni Mitchell (who signed to Reprise), whom Wickham successfully recommended to Ostin in his first week with the company. Over the next thirty years, Wickham became one of Warner's most influential A&R managers, signing such notable acts as Emmylou Harris, Buck Owens, and Norwegian pop trio a-ha. During this formative period, Warner Bros. made several other notable new signings including Randy Newman and Van Dyke Parks. Newman would not make his commercial breakthrough until the mid-1970s