Title: Polydor Records
Content: Polydor redirects here. For the French-born Italian actor, see Ferdinand Guillaume.  Polydor Records Ltd. is a German-British record label that operates as part of Universal Music Group. It has a close relationship with Universal's Interscope Geffen A&M Records label, which distributes Polydor's releases in the United States. In turn, Polydor distributes Interscope releases in the United Kingdom. Polydor Records Ltd. was established in London in 1954 as a British subsidiary of German company Deutsche Grammophon GmbH. It was renamed Polydor Ltd. in 1972. Notable current and past artists signed to the label include ABBA, Cream, The Moody Blues, The Who, Ringo Starr, Bee Gees, The Jam, Take That, The Shadows, James Brown, Level 42, Ellie Goulding, Status Quo, Eric Clapton, Marie Osmond, Yngwie Malmsteen, Lana Del Rey,  and Buckingham Nicks
Title: Polydor Records
Content:  Over the next few years, Polydor tried to keep itself afloat with new artist signings, new releases, and reissues, while still becoming more and more dormant. In 1998, PolyGram was purchased by Seagram and absorbed into its Universal Music Group. During the consolidation of these two music giants, Polydor's United States operations were folded into Interscope-Geffen-A&M and Universal Records, while its overseas branch remained intact, with its records continuing to be distributed domestically through Interscope and A&M. Today, in North America, the Polydor Records name and logo is mostly used on reissues of older material from its 1960s and 1970s heyday. Island Records handles the US distribution of most pre-1998 Polydor releases, including the reissues from the British Decca pop/rock collections. Island's sister label Republic Records distributes reissues from James Brown and MGM Records. However, starting in the 2010s, Interscope Records has been signing acts such as Azealia Banks and Lana Del Rey jointly to Polydor and its logo has been seen on both releases.
Title: Cast recording
Content:  has included original cast and studio cast albums of notorious Broadway flops, recordings of lesser-known off-Broadway and off-off-Broadway shows, and the commercial release of privately made theatre-related recordings (such as composer's demos). Polydor – Part of the Polygram group that includes London (U.S. label for British Decca), Deutsche Grammophon and Philips. Polydor released a few show CDs under license from John Yap's TER label in UK but these were quickly deleted. Polydor also released many of the cast recordings from the Andrew Lloyd Webber musicals through the Really Useful Records label. Polygram merged with MCA to form Universal Music Group, and many of 
Title: Polydor Records
Content:  the rockumentary film This Is Spinal Tap (whose soundtrack album was distributed by Polydor), where "Polymer Records" was the band's record company. By the early 1990s, Polydor had begun to underperform. PolyGram subsequently trimmed most of Polydor's staff and roster, and shifted it to operate under the umbrella of PolyGram Label Group (PLG), a newly constructed "super label" specifically designed to oversee the operations of PolyGram's lesser performing imprints, which included Island Records, London Records, Atlas Records and Verve Records at the time. In 1994, as Island Records recovered from its sales slump, PolyGram dissolved most of PLG into it. Meanwhile, Polydor Records and Atlas Records merged, briefly called "Polydor/Atlas", and began operating through A&M Records, another PolyGram subsidiary. In 1995, Polydor/Atlas became simply Polydor Records again.
Title: List of Polydor Records artists
Content: Zucchero 
Title: Polydor Records
Content:   In 1972, The Grammophon-Philips Group (GPG) reorganized to create PolyGram, from Polydor and PhonoGram. The Polydor label continued to run as a subsidiary label under the new company. Throughout the 1970s, Polydor became a major rock label, also releasing records by such platinum-selling acts as the Bee Gees and Gloria Gaynor. Into the 1980s, Polydor continued to do respectable business, in spite of becoming increasingly overshadowed by its PolyGram sister label Mercury Records. Polydor took over management of British Decca's pop catalogue. A&R manager Frank Neilson was able to score a major top ten hit in March 1981 for the label with "Do the Hucklebuck" by Coast to Coast as well as signing Ian Dury and Billy Fury to the company. In 1984, the company name was parodied 
Title: Polydor Records
Content:  label, as well as many French, Spanish and Latin-American figures. Siemens entered into a joint venture with Philips in 1962 creating the Grammophon-Philips Group, of which Polydor became a subsidiary label. Polydor opened a US branch in 1969 (in years prior, they licensed their catalogue to Atlantic Records), but did not become a real presence in the US record industry until its purchase of the recording contract and back catalogue of R&B performer James Brown in 1971, and the absorption of the MGM Records label by its parent company PolyGram in 1972. In 1970, Polydor acquired the Hong Kong–based Diamond Records, which had been owned and founded by the local Portuguese merchant Ren da Silva in the late 1950s.
Title: Polydor Records
Content:  US label Hollywood Records, such as Demi Lovato, the Jonas Brothers, Miley Cyrus and Selena Gomez & the Scene were also signed to Fascination. In 2008, A&M Records UK was founded as an imprint of Polydor UK. The same year Polydor obtained distribution of the Rolling Stones' back catalogue as well as new releases. With the establishment of A&M Records UK, A&M Records' Canadian division became a separate entity for the first time since the formation of Universal Music Group. Polydor, meanwhile, continued to distribute Interscope, Geffen and selected Lost Highway releases in Canada through Universal Music Canada, as it does to this day.
Title: List of Polydor Records artists
Content: U2 ; U.K. 
Title: Polydor Records
Content:  work with groups such as the Jesus and Mary Chain and Saint Etienne the late 1980s and 1990s. Later, in the late 1970s and early 1980s, the label was also home to the Who and the Jam (as well as its successor act the Style Council). Although Polydor's American branch is nearly inactive, in the United Kingdom Polydor remains one of the most prominent labels in the country—with artists such as Take That, Cheryl, Duffy, Girls Aloud, the Saturdays, Kaiser Chiefs, Ellie Goulding and Lawson. Polydor also has a strong indie roster through the Fiction imprint with acts such as Ian Brown, Bright Eyes, Elbow, 

Question: Verify the following claims with "True" or "False": Polydor Records' parent company is known as Universal Music Group.
Answer: True