The captioning isn't
quite right
Stereo records are cut with both vertical & horizontal modulation, so the encoding of the two channels of data is a little more
subtle than that!
This actually turned out to be very important in the early days of stereo. REAL mono cartridges have (had) essentially no vertical compliance, and will tear up a stereo record. Some (perhaps most?) of today's "mono" cartridges have both vertical and horizontal compliance and just mix the two channels together to output a mono signal.
It gets even weirder in the transitional years from mono to stereo LPs in the mass market (1960s). Some mono LPs were true mono (no vertical modulation), others were mono signals cut with a stereo cutterhead (both vertical and horizontal modulation). Like lots of things in the real world, things get
complicated...
https://www.vinylrecorder.com/stereo.html
https://www.ortofon.com/hifi/cartridges-ranges/true-mono/