The Paul Masson label is definitely still alive. I bought a jug of fairly cheap brandy with that name on it just a few days ago. Maybe they're running their old juice through the still to get rid of what they couldn't sell when the called it whine wine.

The bubbly stuff isn't popular enough to be in much demand 'mongst the rednecks here, and I can't recall whether I've ever seen a Paul Masson bubbly.

John