Title: Phonogram Inc.
Content:  In 1972 Grammophon-Philips Group was reorganized as The PolyGram Group. Following PolyGram's acquisition of Mercury in the United States, the corporate name was changed from Mercury Record Productions, Inc., to Phonogram, Inc. In the U.S. Phonogram artists were generally released on Mercury Records, but the label is independent from its U.K. counterpart. By 1982, Mercury and all other PolyGram owned labels including, RSO, Polydor, Total Experience and Casablanca carried the following wording "Manufactured And Marketed by PolyGram Records" with the PolyGram Records logo. In the United Kingdom, Phonogram was the holding company for Philips Records, which was established in 1953 and also launched the Fontana label in 1958. As well as producing their own recordings many of which became U.K. hits, Philips/Fontana licensed the rights from Columbia Records (U.S.) 
Title: Philips Records
Content:  name of its then parent CBS. CBS Records set up their UK operation in Theobalds Road in Holborn. Singles and albums on the Philips and Fontana labels by Columbia-owned product were subsequently deleted from the catalogue. In 1962, Philips Records and Deutsche Grammophon formed the Grammophon-Philips Group joint venture (GPG), which later became PolyGram in 1972. UK pressings were manufactured at the company's large factory based at Walthamstow in N.E. London. In 1964, after Philips lost its US and Canadian distribution deal with Columbia Records, it entered an exchange agreement with Mercury Records. A year later, Philips' US affiliate Consolidated Electronics Industries 
Title: Philips
Content:  Philips subsidiary Philips-Duphar(nl) manufactured pharmaceuticals for human and veterinary use and products for crop protection. Duphar was sold to Solvay in 1990. In subsequent years, Solvay sold off all divisions to other companies (crop protection to UniRoyal, now Chemtura, the veterinary division to Fort Dodge, a division of Wyeth, and the pharmaceutical division to Abbott Laboratories). PolyGram, Philips' music television and movies division, was sold to Seagram in 1998; merged into Universal Music Group. Philips Records continues to operate as record label of UMG, its name licensed from its former parent. In 1980 Philips acquired Marantz, a company renowned for high-end audio and video products, based at Kanagawa, Japan. In 2002 Marantz Japan merged with Denon to form D&M Holdings 
Title: Phonogram Inc.
Content:  Phonogram Incorporated was started in 1970 as a successor to Philips Phonographic Industries, a unit of the Grammophon-Philips Group (GPG), a joint venture of Philips N.V. of the Netherlands and Siemens A.G. of Germany. Phonogram was the name of a parent company that owned and or distributed many different record labels. Phonogram was never a record label as such, but a holding company for labels which included Philips, Fontana, Vertigo and Mercury and many other licensed labels.
Title: Philips Records
Content:  Philips Records is a record label founded by the Dutch electronics company Philips. In 1946, Philips acquired the company which pressed records for British Decca's Dutch outlet in Amsterdam.
Title: Mercury Records
Content:  label to release cassette music tapes (Musicassettes). In 1969, Mercury changed its corporate name to Mercury Record Productions Inc., while its parent Conelco became North American Philips Corp. (NAPC) after Philips bought control of the company. Philips and German Electronics giant Siemens reorganized their joint-ventured record operations, Grammophon-Philips Group, home of Deutsche Grammophon, Philips Records, and Polydor to become PolyGram in 1972. That year, PolyGram bought Mercury from NAPC. Mercury's corporate name was changed to Phonogram Inc. to match a related company in the UK that operated the Mercury label there. During the 1970s, Mercury released hits of musicians such as Paper Lace "The Night Chicago Died", Rod Stewart, Daniel Moone, BTO and 10cc. From late 1974 to 
Title: Philips Records
Content:  In 1983, Philips became one of the first record labels to issue compact discs using digital recordings that had been made since 1978. Philips and its subsidiaries eventually re-issued many of its pre-digital stereo and mono recordings on compact disc. Philips and DuPont partnered in four CD manufacturing plants in Hanover, Germany; Blackburn in the UK (formerly the Philips Laservision Disc factory); Kings Mountain in North Carolina, and Louviers in France. By the mid-1990s, PolyGram Classics handled the classical labels (Philips, Mercury, Decca, Deutsche Grammophon) and Verve Music Group handled the jazz back catalogue (from Verve, Mercury, etc.) and new jazz releases. Island Records absorbed Mercury in 2014 and in doing so, Island has continued to manage the Philips pop back catalogue to this day. Philips Records has been part of Universal Music since 1998, the name continuing to be licensed from 
Title: PolyGram
Content:  In 1962, PPI and DGG formed the Grammophon-Philips Group (GPG) as a joint-venture holding company, with Philips taking a 50% share in DGG and Siemens a 50% share in PPI. In 1971, the UK record labels of Philips, Fontana, Mercury, and Vertigo were amalgamated into a new company called Phonogram, Ltd. In 1972, Grammophon-Philips Group reorganized all its operations and was renamed The PolyGram Group (in some countries, like Argentina, its name was Phonogram), of which Philips and Siemens each owned 50%. In 1977, both organizations merged operationally, integrating the recording, manufacturing, distribution and marketing into a single organization. The various record labels within PolyGram continued to 
Title: Philips (family)
Content:  his other brother-in-law Henk van Riemsdijk. It was rumoured that Frits continued to help run the company after his official retirement. Frans Otten jnr. and Warner Philips jnr., great grandsons of two former CEOs, co-founded a new lighting company (Lemnis) which has no connection with the Philips company and is not allowed to use the Philips name. According to former economist and family historian Warner Philips, no current member of the family has any business connection with the company, any shares which were once owned by the family were sold long ago to finance expansion. Gerard and his brother Anton supported education and social initiatives in Eindhoven, including the Philips Sport Vereniging (Philips Sports Association), which they founded. From it the professional football department developed into the independent Philips Sport Vereniging N.V.
Title: PolyGram
Content:  PolyGram N.V. was an entertainment company and major music record label formerly based in the Netherlands. It was founded in 1962 as the Grammophon-Philips Group by Dutch corporation Philips and German corporation Siemens, to be a holding for their record companies, and was renamed "PolyGram" in 1972. The name was chosen to reflect the Siemens interest Polydor Records and the Philips interest Phonogram Records. The company traced its origins through Deutsche Grammophon back to the inventor of the flat disc gramophone, Emil Berliner. Later on, PolyGram expanded into the largest global entertainment company, creating film and television divisions. In May 1998, it was sold to the alcoholic 

Question: Verify the following claims with "True" or "False": The Usaha Tegas is the parent company of Philips Records right?
Answer: False