Can we draw the following hypothesis from the context?

Context:

Boneyard Beach is a 1995 album by Raleigh, North Carolina band Dish, led by singer and pianist Dana Kletter, on Interscope Records. The album was produced by John Agnello at Ardent Studios in Memphis, Tennessee. Interscope's VP, Tom Whalley, told "Billboard" magazine that "the high quality of songwriting in Dish and the sound of Dana's voice are two things that set this band apart."

Hypothesis: When Boneyard Beach was released the record label that it was released on gave praise to billboard complimenting the album.
Yes