Jimi Hendrix

Ostin signed deals with major pop and rock talent over the decades, including Joni Mitchell, Fleetwood Mac and R.E.M. He said the industry didn't have to prioritize sales over artistic freedom.

On Aug. 26, 1970, Jimi Hendrix opened his legendary studios New York City. He died just three weeks later before he could see its success, decline and rebirth as a palace of hits.

The past is always present — but with a practically endless selection of music to choose from via the web, it's nice when some of the world's best record labels help excavate it for us.

This week's best new albums includes Lil Peep's posthumous follow-up to Come Over When You're Sober, 50th-anniversary editions of Electric Ladyland and The Beatles "White Album," Hanson and more.

Deluxe reissues of Jimi Hendrix's Electric Ladyland and The Beatles' self-titled "White Album" celebrate their 50th anniversaries, and reveal the remarkable creative abandon behind them.

Festival organizer Lou Adler, documentarian D.A. Pennebaker and more recall the historic music festival that helped define the Summer of Love and set a template for rock extravaganzas to come.