In 2002, BMG fully acquired J Records, which it had founded in 2000 as a joint venture with Clive Davis. Davis was then named chairman of RCA Records and J Records under the auspices of a new entity, the RCA Music Group, which included RCA Records, J, and Arista Records. In 2004, Sony and BMG merged their music divisions to create Sony BMG, and in 2007, the RCA Music Group was rebranded as the BMG Label Group. In 2006, Sony BMG merged its former Broadway music and classical labels, including Red Seal and Gold Seal, to Sony Masterworks. Legacy Recordings, Sony Music Entertainment's catalog division, reissues classic albums for RCA.