One of the major record companies in the Philippines. In the 1960s, it was the country's largest licensee of foreign labels. The first independent record label in the Philippines, Dyna Music was founded as Dyna Products, Inc. by businessman James Go Dy in 1959. It was the local distributor for PolyGram (including MGM Records, Polydor Records, Casablanca Records, RSO Records, Mercury Records, Fontana Records, Island Records, A&M Records, and London Records) Hansa Records (for Modern Talking releases only), and EMI Records (under the name Dyna EMI and later Dyna EMI Virgin). In the late 1980s and in the mid-1990s, Dyna did not renew their contracts with both EMI and PolyGram, and two local companies assumed distribution of their releases, Cosmic Records assumed distribution of PolyGram releases and later became PolyCosmic Records in 1993, then PolyGram Records Philippines in 1997 and after the merger with Universal Music Group in 1999, MCA-Universal/MCA Music Inc., then UMG Philippines/Umusic.ph in 2021, while EMI signed with OctoArts International in 1995 and they became OctoArts-EMI, which eventually became Polyeast Records. It is a member of the Philippine Association of the Record Industry. The company had its own record manufacturing and printing facilities.