Polygram company absorbed MGM Records before 1974 .
Polydor had opened a U.S. divison in the late 1960s , but did n't become a real presence in the U.S. record industry until it 's purchase of the recording contract and back catalog of R & B suoperstar James Brown in 1971 and its absorption of the MGM Records label by parent company PolyGram in 1974.
Polydor Records