Title: UMG Philippines
Content:  UMG Philippines Inc. (previously MCA Music, Inc.) is a Philippine regional branch of the multinational Universal Music Group. The company retains the MCA name on legal purposes because of a trademark dispute with an unrelated label known as Universal Records, which preempted the rights to the word "Universal" for recorded music in the Philippines. However, the company has adopted the moniker "MCA/Universal", just like the US home video unit of Universal Pictures from 1990-1997, to simplify identification, even though no formal "Universal" branding is exercised. Despite the naming, the label is known outside the Philippines as Universal Music Philippines. MCA Music Inc. also released video karaoke VCDs versions of the label's songs in the Philippines.
Title: Universal Records (Philippines)
Content:  Universal Records Philippines Inc. is a Filipino record label founded in 1977 as part of Warner Music Group. Since 1992, it is an independent label. The label is currently a member of the Philippine Association of the Record Industry. Universal Records also released video karaoke VCD versions of the label's songs in the Philippines.
Title: Universal Records (Philippines)
Content:  Universal Music Group cannot use the Universal name in the Philippines as URPI has the rights for the said trade name. With this, UMG currently makes business in the Philippines as MCA Music, Inc., the former global trade name for UMG.
Title: Universal Records (Philippines)
Content:  URPI was founded in 1977 as WEA Records Philippines Inc. The company was the licensee of WEA in the Philippines for 15 years, but the latter still decided to put its own office, the precursor of what is now Warner Music Philippines. In 1992, the company adopted a new name, Universal Records Philippines Inc., and since then it rose as one of the Philippines' best and biggest record labels. Universal Records officially distributed K-pop albums from September 2009, to be followed by some J-pop albums which was announced late May 2011. Currently, it is the leading independent recording company in the country, being home to best-selling OPM artists. In 2018, the company launched Mustard Music, a sublabel focusing on the growth of homegrown indie acts.
Title: Univision Music Group
Content:  Univision Music Group is a Latin music company in the United States. Founded in April 2001 by Univision Communications, the Univision Music Group included three record labels: Univision Records, Fonovisa Records and Disa Records. In June 2001, Univision Music acquired a 50% interest in Mexico-based Disa Records, the second largest independent Spanish language record label in the world, and Mexico's leading independent label. More recently in April 2002 Univision acquired Fonovisa, the largest Latin independent label specializing in Regional Mexican music. Its headquarters were located in Woodland Hills, Los Angeles, California; the company had planned to move its headquarters to Woodland Hills in 2002. Univision Music Group also had an extensive and growing publishing business as well as an exclusive distribution and licensing agreement with Universal Music & Video Distribution for several of its labels in the U.S., Puerto Rico and Mexico. The music group was bought by Universal Music Group in February 2008 and absorbed into Universal Music Latin Entertainment.
Title: Universal Music Group Nigeria
Content:  Universal Music Group Nigeria abbreviated as UMGNG is the West African division of global record label Universal Music Group. Founded in 2017, it has its corporate headquarters located in Victoria Island, Lagos, Nigeria. The label has signed at least seventeen artists from various African countries. UMGNG is engaged in recorded music, music publishing, merchandising, and audiovisual content. The label is led by General Manager Ezegozie Eze Jr, a former executive at South African based music station, Channel O. The label has signed a marquee deal with Mr Eazi, co-signed Tekno in conjunction with Island Records UK and Vanessa Mdee in conjunction with AfroForce1 Records/Universal Music Central Europe/Universal Music South Africa.
Title: Universal Records (1988)
Content:  Record producer Jimmy Bowen established the Universal label in December 1988. It was distributed by MCA Nashville, and featured its own team of producers, promotion, and artists and repertoire (A&R). The label's roster at foundation consisted of Joe Barnhill, Lacy J. Dalton, Larry Gatlin and the Gatlin Brothers, Joni Harms, Tim Malchak, Scott McQuaig, Nitty Gritty Dirt Band, Carl Perkins, Eddie Rabbitt, Eddy Raven, and Roger Whittaker. Dalton's Survivor was issued in January 1989 as the label's inaugural album. Nitty Gritty Dirt Band also issued Will the Circle Be Unbroken: Volume Two through the label. In July 1989, Bowen announced that Universal would be the first Nashville label not to issue phonograph records. A September 1989 article in Billboard described the label as "fledgling" and noted that projects by John Anderson, Wild Rose, and other artists had been delayed. Bowen dissolved the Universal label in December 1989, and its entire roster was merged into Capitol Records Nashville when Bowen assumed presidency of that division.
Title: Universal Music Australia
Content: Casablanca Records Australia ; Caroline Records ; Dew Process ; EMI Music Australia ; Island Records Australia Capitol Music Group ; Co-Op Records ; Def Jam ; Fiction Records ; Geffen Records ; Interscope-Geffen-A&M ; Island Records ; MCA Nashville ; PM:AM ; Polydor Records ; Republic Records ; Virgin Records Universal Music Australia operates local record labels, as well distribution deals with independent Australian labels. UMA also represents all Universal Music Group's international labels within Australia. {[cn}} Australian labels include: International labels include: 
Title: List of Universal Music Group labels
Content: will.i.am Music Group ; Flawless Records 
Title: Universal Music Group
Content:  Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch–American multinational music corporation. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion  and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021 at a valuation of €46 billion. In 2019, Fast Company named Universal Music Group the most innovative music company and listed UMG among the Top 50 most innovative companies in the world and "amid the music industry's digital transformation, Universal is redefining what a modern label should look like." UMG has signed licensing agreements with more than 400 platforms worldwide.

Question: Verify the following claims with "True" or "False": Universal Music Group's, Philips Records, is the label of Agustín Barboza.
Answer: True