Please answer the following question: Universal Music TV (often abbreviated as UMTV) is a London-based record label that was formed in 1998 and owned by Universal Music Group UMTV specialises in producing compilation albums and occasional single releases. It was founded when Seagram acquired PolyGram and merged the company's record labels under the same umbrella replacing the PolyGram TV label.Every UMTV release receives extensive TV advertising. Given a list of categories: company, educational institution, artist, athlete, office holder, mean of transportation, building, natural place, village, animal, plant, album, film or written work, what category does the paragraph belong to?
Answer:
Company