Compact Disc Era
In 1983, Philips became the first record label to issue compact discs, using digital recordings that went as far back as 1978. (The first digital recordings, however, were actually remastered versions of vintage recordings by the legendary tenor Enrico Caruso, using the Soundstream process developed in Salt Lake City, Utah in 1975-76. RCA Victor released vinyl versions of these reprocessed, historic recordings. Philips was among the record labels to use the Soundstream process for modern digital recordings.)
Philips and its subsidiaries eventually re-issued many of its pre-digital stereo and mono recordings on compact disc. Philips and DuPont partnered on a CD manufacturing plant in North Carolina called PDO. By the mid-1990s, Polygram Classics handled the classical labels (Philips, Mercury, Decca, DGG) and Verve Music Group handled the jazz back catalogue (from Verve, Mercury, etc.) and new jazz releases. Mercury continues to manage the Philips pop back catalogue to this day.
Philips Records has been part of Universal Music since 1998, the name continuing to be licensed from the label's former parent company. In 1999, Philips Classics was absorbed into the Decca Music Group, and Philips recording and mastering operations in Holland were shut down. Former employees bought the Philips Recording Center in Baarn, Netherlands, and formed Polyhymnia International (a recording and mastering company) and Pentatone Records (which specializes in SACD releases).
Many of the Philips classical recordings have been reissued on the Eloquence label. Universal also released a "Philips 50" series marking the 50th anniversary of Philips Records in the early 2000s; some of those CD's are still in print. Pentatone has released Philips Quadraphonic sound recordings from the early and mid 1970s in 4-channel SACD format, as their RQR Series.
Philips' classical catalog is issued on CD under the headings Digital Classics, Legendary Classics and Silver Line Classics.
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