Take context from the input text and decide on the accurate relationship between 'Focus Features' and 'Universal Pictures' from the options provided.
Options: industry, parent organization, subsidiary, creator

As you know, from our previous announcement, this is a multiyear agreement that provides for a theatrical exclusivity for all Universal Pictures and Focus Features theatrical releases for at least three weekends comprising at least 17 days, the time when as much as 80% of the films theatrical viewing has already taken place.
parent organization