Music Executive Mo Ostin Donates $10 Million to UCLA Library

Gift from the discoverer of the Beach Boys and Prince is also in his late wife Evelyn's name.

Music executive Mo Ostin has donated $10 million to the University of California, Los Angeles to build recording and production studios, a rehearsal space and other facilities for student musicians.

The university announced Wednesday that the Ostin Music Center will be constructed next to UCLA's Schoenberg Music Building.

Ostin, who graduated from UCLA in 1951, has worked at Verve, Reprise, Warner Bros. and DreamWorks. He was inducted into the Rock and Roll Hall of Fame in 2003.

During his 25-year stint at Warner Bros., Ostin signed acts including the Beach Boys, Neil Young, Prince and the Red Hot Chili Peppers.

The gift is also in the name of Ostin's late wife, Evelyn, who died in 2005.