Philips Records
In 1958, Philips created a subsidiary label, Fontana Records, which meant that American-Columbia recordings were released on the Philips and Fontana labels. Under the direction of US President of Columbia Records, Goddard Lieberson, in late 1964 CBS Records formed its own international operations, adopting the name of its then parent CBS. CBS established their UK operation on Theobalds Road in Holborn. Products issued by Philips and Fontana Columbia were later withdrawn.