Classifier Instance:

Anchor text: Paramount
Target Entity: Paramount_Records_\u00281969\u0029
Preceding Context: In 1955, ABC established a recording division, the AmPar Record Corporation, which founded and operated the popular label ABC-Paramount Records (which became ABC Records in 1965) and the noted jazz label Impulse Records, created in 1961. ABC-Paramount subsequently purchased more labels from the Famous Music division of Gulf+Western – Dot, Steed, Acta, Blue Thumb, and
Succeeding Context: , along with legendary Country and R&B label Duke/Peacock in 1974. The entire group was sold to MCA Records in 1979; as a result of subsequent takeovers, the remnants of the ABC music group are now owned by Universal Music Group. After the merger with Disney, ABC became sister company to a record label group once again, the Buena Vista Music Group (which includes such labels as Walt Disney Records and Hollywood Records).
Paragraph Title: null
Source Page: American Broadcasting Company

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