In 1887: Columbia was created which is still the oldest label in the history of the recording industry. From that point, Sony Music evolved and developed growing to the best in the business to create a world class record label and leader of the industry. In the UK, labels like Columbia, Epic, RCA, Commercial Group, RED, Relentless and Black Butter all make up the Sony Music company. Sony renamed the record company Sony Music Entertainment on January 1, 1991, following the terms set under the 1988 buyout. Epic Associated, Also on January 1, 1991, to replace the CBS label, Sony reintroduced the Columbia label globally, which it previously only had in the US and Canada. March 2010: Sony Corp partnered with The Michael Jackson Company with a contract of more than $250 million, the largest deal in recorded music history. August 8, 2011: the Sony music distribution centre in London, was destroyed in an arson attack during the 2011 England riots. In 2015, Sony fully acquired its independent distributor The Orchard, as well as the metal label Century Media Records.