Perry also came closest to organizing a Beatles reunion in 1973 when he helped bring together all four members' talents on the Ringo album, which became one of the best selling solo albums by any of the Beatles. On one track, "I'm the Greatest", written especially for the album by John Lennon, John, George and Ringo all played together. Perry was then asked by Paul McCartney to be Music Supervisor for his first BBC Television special. He then encouraged McCartney to write something for the album, which resulted in the song "Six O'Clock".
In 1973, Perry was named Producer of the Year by Rolling Stone and in 1977 by Billboard.
In 1975, he received the Outstanding Achievement Award from his alma mater, the University of Michigan, the second highest honor bestowed by the University.
In 1978, Perry founded his own record company, Planet Records, which was the home of the Pointer Sisters for a decade. The nine albums they did together contained numerous hit singles, beginning with "Fire" and "He's So Shy," which both went gold.
In 1985, he produced the hit single "Rhythm Of The Night" by DeBarge, giving him an almost unprecedented 6 top 10 singles in 12 months. That year he became one of the very few producers to have #1 records on the Pop, Urban, Country and Dance charts in his career.
In 1988, he completed a special project, Rock, Rhythm, and Blues. It consisted of classic rock 'n' roll songs from the 1950s, each one performed by a different contemporary artist. Included were Elton John, Chaka Khan, Christine McVie, The Pointer Sisters, Michael McDonald, Rick James, El DeBarge, Manhattan Transfer, and Randy Travis. The Randy Travis track, "It's Just A Matter Of Time", was not only a Grammy nominated #1 country hit, but when Radio & Records, the bible of the industry, conducted a SoundScan survey of the top 750 country records of all time, it was listed at #4. He also directed the music videos for the Travis track as well as for Rick James and El DeBarge.
1992 brought Perry into the studio to do an album with Ray Charles, an artist he had longed to work with for many years. Released in 1993, the album, My World, produced the first top 10 solo single hit Charles had had in over 25 years, "A Song For You", the classic Leon Russell composition. In addition, it earned Charles the 1994 Grammy Award for Best Male R&B Vocal Performance.
In 1995, Perry created an album for The Temptations. It contained ten of the most memorable love songs recorded with modern R&B arrangements and enhanced by The Temptations exquisite vocal interpretations. This album, For Lovers Only, was released in September 1995 and re-released in 2002. Perry's favorite track, the Cole Porter classic, "Night And Day", was the featured song in the Mel Gibson - Helen Hunt film, What Women Want.
Perry has successfully used that genre again with Carly Simon and Art Garfunkel. In 2005, the Perry/Simon standards collaboration Moonlight Serenade debuted at #7 on the Billboard Album Chart giving Simon her first top ten album in 27 years. She also gave an unprecedented concert on board the Queen Mary 2 from New York to Southampton, England which became a PBS special and a DVD release entitled Moonlight Serenade On The Queen Mary 2. Once again Perry conducted the orchestra.
His Art Garfunkel standards album Some Enchanted Evening was released on Atco Records on January 31, 2007 and has been universally praised and is considered by Garfunkel to be some of the finest work of his solo career.
Perry is one of only 8 producers whose work is featured in the National Academy of Recording Arts and Sciences' Franklin Mint Series of the greatest recordings of the 20th century. He was also the subject of a one hour BBC Television documentary and, in 2006, a four part radio special for BBC2.
Perry is one of the only record producer's to direct his own music videos. These videos have been recognized for several awards including a Grammy nomination as Director for Best Music Video (short form) as well as The Pointer Sisters' American Music Awards for Best Black Video Group in 1984 and 1985.
Perry has had albums in the top ten every decade since the 1960's. Twenty-eight of Perry's albums have earned gold status; 15 have gone platinum. He's earned 13 gold singles along with 6 Grammy nominations for himself as well as many others for his artists.