The Penny Has Dropped --- Old imprint, new brand.

Until very recently there was the 'Universal Classics and Jazz' imprint with a name that quite accurately had all the impression of one that, while representing a very broad approach to the palette implied (also true), was chosen as the result of a lack of a better idea.
Well, its changed... not to some clever digital-age acronym but instead to that of an old friend from the strictly analogue age!
"The penny has dropped" is an appropriately old-fashioned analogy and one of certain relevance.

It is I think part of a policy that is actually more widespread in the world of major labels; witness the current major promotion of the 50th anniversary of Island Records, now another Universal imprint. The rôle of the major label as behemoth isn't the panacea the industry once believed it would be and it certainly isn't cool anymore, if it ever was, with a public that more than ever need tempting with incentives to buy music on whatever format rather than just download it illegally.