Title: EMI Classics
Content:  EMI Classics was a record label founded by Thorn EMI in 1990 to reduce the need to create country-specific packaging and catalogues for internationally distributed classical music releases. After Thorn EMI demerged in 1996, its recorded music division became the EMI Group. Following the European Commission's approval of the takeover of EMI Group by Universal Music in September 2012, EMI Classics was listed for divestment. The label was sold to Warner Music Group, which absorbed EMI Classics into Warner Classics in 2013. Classical recordings were formerly simultaneously released under combinations of Angel, Seraphim, Odeon, Columbia, His Master's Voice, and other labels, in part because competitors own these names in various countries. These were moved under 
Title: EMI Classics
Content:  The Blue Note Label Group in the U.S. until 2013. With the sale of EMI to Universal Music Group in 2012, European regulators forced Universal Music to divest itself of EMI Classics, which was operated with other European EMI assets to be divested as the Parlophone Label Group. In February 2013, Universal Music sold the Parlophone Label Group, including EMI Classics and Virgin Classics, to Warner Music Group. The European Union approved the deal on May, and WMG took control of the label on 1 July. It was then announced that the EMI Classics artist roster and catalogue would be absorbed into the Warner Classics label and Virgin Classics would be absorbed into Erato Records.
Title: EMI
Content:  Joseph Lockwood. The strong combination of EMI and its subsidiary labels (including Parlophone, HMV, Columbia and Capitol Records) along with a roster of stellar groups such as the Hollies, the Shadows, the Beach Boys and the Beatles along with hit solo performers such as Frank Sinatra, Cliff Richard, and Nat 'King' Cole, made EMI the best-known and most successful recording company in the world at that time. In 1967, while shifting their pop and rock music roster to Columbia and Parlophone, EMI converted HMV solely to a classical music label exclusively. For the emerging progressive rock genre including Pink Floyd, who had 
Title: EMI
Content:  EMI Group Limited (originally an initialism for Electric and Musical Industries, also referred to as EMI Records Ltd. or simply EMI) was a British transnational conglomerate founded in March 1931 in London. At the time of its break-up in 2012, it was the fourth largest business group and record label conglomerate in the music industry, and was one of the "Big Four" record companies (now the "Big Three"). Its labels included EMI Records, Parlophone, Virgin Records, and Capitol Records, which are now owned by other companies. EMI was listed on the London Stock Exchange, and was also once a constituent of the FTSE 100 Index, but faced financial problems and US$4 billion in debt, leading to its 
Title: EMI Classics
Content: Naji Hakim 
Title: EMI Classics
Content:  EMI Classics umbrella to avoid the trademark problems. Prior to this, compact discs distributed globally bore the Angel Records recording angel logo that EMI owned globally. Releases created for distribution in specific countries continued to be distributed under the historical names, with the exception of Columbia, since EMI had sold the Columbia name to Sony Music Entertainment. The red logo harkens back to the Red Seal releases, introduced by EMI predecessor the Gramophone Company in 1902: HMV classical releases were issued with red labels. EMI Classics was also responsible for managing Pye Records' classical recordings acquired by Thorn EMI in 1990. EMI Classics also included the Virgin Classics label, both of them were formerly managed 
Title: EMI Records
Content:  2003, selling over 7 million records for the label in Australia by 2007. Virgin EMI Records retained use of the EMI branding after Universal Music Group's acquisition of EMI in September 2012, but it is otherwise unrelated to the old label which was defunct and renamed Parlophone Records in 2013 and is now part of Warner Music Group. EMI Christian Music Group was renamed Capitol Christian Music Group. EMI Classics was sold to Warner Music Group in February 2013. After EU regulatory approval, EMI Classics was absorbed into Warner Classics in July 2013. The reissues of pre-1997 releases from EMI America and EMI Records USA are handled by UMG's Capitol Music 
Title: EMI
Content:  Ltd. in 2013, when Warner Music Group acquired Parlophone Music Group which has the rights to the old EMI Records catalogue. Warner Music incorporated EMI Classics and Virgin Classics into its Warner Classics unit with the EMI Classics artist roster and catalogue absorbed into the Warner Classics label and the Virgin Classics artist roster and catalogue absorbed into the revived Erato Records label. On 14 November 2013, EMI's Middle Eastern branch was folded into Universal Music, causing the distribution of Warner Music Group's releases in that region to be moved to Universal Music. On 30 June 2014, Universal Music Group re-established 
Title: Virgin Records
Content:  Virgin Classics was founded in 1988 as part of Virgin Records. Along with EMI Classics, it too was acquired by UMG in 2012 as part of the takeover of the EMI Group. But the terms of the European Commission's approval of the takeover required divestment of the two classical labels. Accordingly, both were sold in February the following year to Warner Music Group, and this transaction was approved by the European Union that May. Warner placed the Virgin Classics artist roster and catalogue in its Erato Records division, and the "Virgin Classics" name, along with "EMI Classics," disappeared.
Title: EMI Records
Content:  EMI United Kingdom is a brand of EMI Records that, despite the name, appeared worldwide between roughly 1993 and 1998, used mainly for artists such as Iron Maiden, Kraftwerk and Pink Floyd, as a sister imprint to Parlophone, EMI Premiere, hEMIsphere, Eminence, EMI Gold and the home video division Picture Music International. During the 90s, it reissued albums that originally bore the Harvest Records, Columbia Graphophone Company, RAK Records, Regal Zonophone, HMV, Music for Pleasure and Starline labels. As of 2013, EMI UK's catalogue is owned by Warner Music Group after the acquisition of the Parlophone Label Group's assets. By contrast, UMG owns the catalogue of reissues from Deep Purple's albums between 1972 to 1975 on the band's vanity label Purple, in addition to their last albums for EMI in Europe, Abandon and Bananas.

Question: Verify the following claims with "True" or "False": I read that EMI Classics had a parent company.
Answer: True