Casablanca is merely an "imprint" now, not a real label. A couple of acts (most notably Mika) were signed to what was intended to be a re-launch of the label a couple of years ago, but I think that's over.
PolyGram is no more. Universal bought them out several years ago. Universal will put out Casablanca titles if they think there's money to be made on them. Having said that, much of the Casablanca back catalog that got reissued a few years ago is now out-of-print again.
Also, I'm not sure if this "reissue" is even legit. The label shows Casablanca's office as being at 8255 Sunset Blvd, the same as it was in the 70s. Obviously they are no longer there. There are a surprising number of fake vinyl "reissues" out there made by bootleggers.





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