Complex sentence: TVT Records is an American record label (and the nation's largest independent label) founded by Steve Gottlieb, who initially launched the label from his New York City apartment in 1985 with the release of "Television's Greatest Hits".
Split into simpler sentences: TVT Records is an American record label, founded by Steve Gottlieb, and is the nation's largest independent label. Gottlieb launched the label from his New York City apartment in 1985 with the release of "Television's Greatest Hits".