Early History
In 1922, Columbia Phonograph, as it was then known, sold its UK subsidiary Columbia Graphophone. However, in 1925 Columbia Graphophone bought its former parent for $2.5 million. In 1926 Odeon Records and Parlophone Records were acquired. On April 21, 1931, the Gramophone Company and the Columbia Graphophone Company merged and formed a new company Electric and Musical Industries (EMI). American anti-trust laws forced EMI to sell its American Columbia operations.
Read more about this topic: Columbia Graphophone Company
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