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PolyEast Records Albums
PolyEast Records (formerly Canary Records, OctoArts International, OctoArts EMI Music Inc. and EMI Philippines) is a record label in the Philippines. It is a member of the Philippine Association of the Record Industry and from 2008 until 2013, the international licensee of EMI. History PolyEast Records was established in 1977 as Canary Records by Orly Ilacad after leaving Vicor Music, Vicor Music Corporation due to a major conflict with co-founder and then co-owner Vic del Rosario. Canary Records became OctoArts International in 1978. It was the first record company that introduced "minus one" (music used for karaoke) in the market. During the 1970s, the releases of EMI Records were distributed in the Philippines by Dyna Music, Dyna Records under the name ''Dyna EMI'' (later remained in 1992 as ''Dyna EMI Virgin Records, Virgin'' as a result of EMI's purchase of Virgin Records). OctoArts at that time was the distributor of Sony Music's international releases. In 1995, OctoArt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |