In 1958, Philips created a subsidiary label, Fontana Records, which meant that American-Columbia recordings were being issued on both the Philips and Fontana labels. This arrangement lasted until April 1962, when, under pressure from Columbia in America, Philips then created a third label for them, CBS Records (it could not name the label Columbia as the copyright for that name had long been owned by EMI). In late 1964, under the stewardship of U.S. President of Columbia Records Goddard Lieberson, CBS Records formed its own international operations, adopting the name of its then parent CBS. CBS Records set up their UK operation in Theobalds Road in Holborn. Singles and albums on the Philips and Fontana labels by Columbia-owned product were subsequently deleted from the catalogue.