Yes, I agree with you on both counts
Should of used reverse direction (and of course it's the company that owns the label not the other way 'round); has been corrected.
I think I read or over-read somewhere (can't recall now, visited so many sites and added links to many edits) that they were into own production, but yeah, label is fine. Will change (after cancelling).
In the meantime, just found more work to do: many releases under Metronome Musik GmbH incorrectly attributed to this label...