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Universal Music Group

From Academic Kids

Universal Music Group (UMG) is the largest major label in the record industry, with a 23% market share it is one of the Big Four record labels. It is owned by the Vivendi Universal. They have some of the world's biggest artists including Aerosmith, Mariah Carey, Eminem, Luciano Pavarotti and U2. It also own one of the largest music publishing businesses of the world, the Universal Music Publishing Group.

"Universal Music" was originally the music company attached to film studio Universal Pictures; its history is long and complex[1] (http://www.universalmusic.com/history.aspx), but the present organisation was formed when its owners, Seagram, bought PolyGram and merged it with UMG in 1998. Seagram has since sold UMG to Vivendi.

Record labels

UMG owns a large number of record labels, including:

Universal Music Group also owns local "Universal" labels in Australia, Brazil, Canada, Colombia, the Czech Republic, Finland, Germany, Hong Kong, Hungary, Italy, Japan, Mexico, the Netherlands, Norway, Poland, Russia, Spain, Switzerland and Turkey.

See also

External links

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