EMI Records (formerly EMI Records Ltd.) is a multinational record label owned by Universal Music Group. It originally founded as a British flagship label by the music company of the same name in 1972, and launched in January 1973 as the successor to its Columbia and Parlophone record labels. The label was later launched worldwide. It has a branch in India called EMI Records India, run by director Mohit Suri. In 2014, Universal Music Japan revived the label in Japan as the successor to EMI Records Japan. In June 2020, Universal revived the label as the successor to Virgin EMI, with Virgin Records now operating as an imprint of EMI Records. History An EMI Records Ltd. legal entity was created in 1956 as the record manufacturing and distribution arm of EMI in the UK. It oversaw EMI's various labels, including The Gramophone Co. Ltd., Columbia Graphophone Company, and Parlophone Co. Ltd. The global success that EMI enjoyed in the 1960s exposed the fact that the company had the rights to only some of its trademarks in some parts of the world, most notably His Master's Voice and Columbia, with RCA Victor and the American Columbia Records owning the rights to these trademarks in North America. Complicating matters was Columbia's formation of its own operations in the UK by purchasing Oriole Records and changing its name to that of its then-parent company CBS (the legal trademark designation bearing the full name of the parent company, "Trade Mark of Columbia Broadcasting System, Inc."), and as CBS Records International becoming highly successful, a serious rival to EMI, in the UK. In July 1965, the standalone EMI Record labels were extracted from E.M.I. Records Ltd. and folded into The Gramophone Company Ltd. On 1 July 1973, The Gramophone Co. Ltd. was renamed EMI Records Ltd. At the same time, E.M.I. Records Ltd. was wound down and its activities were absorbed into EMI Records Ltd. Earlier, on 1 January 1973, all of The Gramophone Company Ltd. pop labels (Columbia, Parlophone, Harvest, Sovereign and Regal) had been rebranded as EMI. EMI Records then signed new music artists that became worldwide successes: Kraftwerk, Renaissance, Queen, Olivia Newton-John, Iron Maiden, Kate Bush, Sheena Easton, and Pink Floyd (though some of these acts were on different labels in the US, not EMI's Capitol Records). In 1978, EMI launched EMI America Records as its second label in the United States