Parlophone is a record label, founded in Germany 1896 by Carl Lindström (1869-1932), a Swedish inventor living in Berlin, it originally produced phonographs or gramophones with the brand names “Parlograph” and “Parlophon” and eventually began producing records as well. The ₤ trademark is not the British pound sign, but a German L, for Lindström. During the war, the Transoceanic Trading Company was set up in the Netherlands to look after its overseas assets. Parlophone established a master leasing arrangement with co-owned United States based «Okeh Records» In 1927, «Columbia Graphophone Company» of the United Kingdom acquired a controlling interest in the Carl Lindström Company and thereby in Parlophone. In 1931, Columbia merged with the «Gramophone Company» to form Electric & Musical Industries Ltd (EMI).