Polygram

"Early adopters have embraced DVD at a rate well beyond our expectations," said PolyGram Video's president, Bill Sondheim, at a Philips-PolyGram press conference here.

She recently signed a deal with PolyGram that brings her BetCar label under that corporate giant's aegis; the first fruit of the collaboration is the aptly tided Look What I Got (Verve), which includes her first recording of "The Man I Love," the tune that launched her career forty-two years ago.

Polygram may be long gone, but its name could be poised for an unlikely comeback.

Catalina has met bosses at Polygram and hopes to release her debut album in autumn.

Meanwhile, I hear hunky Adam Rickitt, who plays Nicky Tilsley, has bagged himself a nice little record deal with Polygram and should have an album of disco numbers and ballads out later this year.

The Canadian-based group announced in May that it was putting the business up for sale, to fund its purchase of the world's biggest music company, PolyGram.

Philips Electronics yesterday fuelled speculation they would soon be selling all or part of their 75 per cent share in music and film group PolyGram.

In 1993, it was resold to Polygram Records for $300 million.

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COMPOSER Andrew Lloyd Webber is suing record giant Polygram for ruining his chances of a record-breaking single with Boyzone, it was revealed yesterday.

Mr Alain Levy, president and chief executive of PolyGram, which is being sold to Seagram, has quit for a pay-off package believed to be worth around pounds 12m.