As Universal Records Philippines Inc., the company continued to build its reputation in the industry and signed various prominent local artists, such as Gary Valenciano, Regine Velasquez, and Christian Bautista.

In 2003, the company signed the pop-rock band Sponge Cola, which became a major success in the local music scene.

In 2018, Universal Records Philippines Inc. launched Mustard Music, a sub-label focused on the growth of homegrown indie acts.

The new label aimed to provide a platform for emerging Filipino artists to showcase their music and reach a wider audience.

Mustard Music's roster includes promising acts such as Janine Teñoso, Keiko Necesario, and Arthur Nery.