if Joe wasn't a complete schmoo he knew that Liberty was a much bigger fish than BN.
They had Julie London, Del Shannon, Eddie Cochran, Bobby Vee, The Alladin label, among much other stuff.
In 1963 Si Woronker and Al Bennett sold the company to Avnet, an electronics corp for $12 million. Woronker retired, but Bennett stayed with Liberty.
In 1965 Bennett bought Liberty back from Avnet for $8 million.
In 1968 Transamerica Corp acquired Liberty for $38 million [wow, you go Bennett!].
In 1978 Liberty and United Artists masters were sold to a couple of private investors who somehow borrowed money from EMI, but defaulted the very next year and that's how Blue Note became a bastard child of EMI.
..recalling what I read about the history of Liberty on a discographical page.