Career
He oversaw what became a major multimarket, multi-label company, which, for its jazz subsidiary Impulse!, included Ray Charles, Oliver Nelson, Archie Shepp, Pharoah Sanders, and John Coltrane. Newton’s career began in 1938, while still in high school, when he worked in the stockroom of a Columbia distributor in Philadelphia. Salesman for Varsity, Combo, and Rainbow Records
World World War II – 5 years as a paratrooper in the Army.
He enlisted December 1, 1941, and was released November 15, 1945.
In 1946, Newton was the sales manager of Black & White Records. In March 1949, Newton left B&West to become general manager of Peak Records.
Also, around that time, Newton started his own label, Derby Records and turned out a hit by the Eddie Wilcox Orchestra – with Sunny Gale singing “Wheel of Fortune" – and Jaye P. Morgan. He overextended and, in 1953, formed a record Central Records with Lee Magid 1953.
Eventually, in 1954, he had to file for bankruptcy.
The Derby masters were sold to Radio Corporation of America where Newton became an executive. 1955 –General Manager of Murray Katz"s Treat Records, then located at 236 West 55 Street in Manhattan. He joined American Broadcasting Company-Paramount in 1956 as sales manager.
In 1959, he became vice president of sales.
In 1965, he became president In 1970, Newton becomes vice-president of American Broadcasting Company Pictures.
In 1972, Newton returns to the record business by co-founding and heading Goldman Sachs Group Records. Dorothy (Dolly) and Larry Newton are buried at Star of David Memorial Gardens, North Lauderdale, Florida.