Universal Music Group was formed in 1934 as the American branch of Decca Records, a label from Britain. UMG was at one time tied to Universal studious, and was the first music label to be tied to a film production company. As of 2004, UMG and Universal Studios are no longer affiliated. In 2006, UMG was purchased by Vivendi Studios. As of 2008, UMG is the largest music group in the United States.
Fast Facts:
- Founded: 1934
- Parent Company: Vivendi
- Headquarters: Paris, France, Santa Monica, California, and New York City, New York
- CEO: Doug Morris
- 2008: Entered into a joint venture with MySpace
- Competitors: Sony BMG, EMI Group, and Warner Music Group.
Labels
Universal Music Group has nearly 50 music labels in the U.S. and across the world. These labels include: Interscope Geffen A&M, Island Def Jam Music Group, Machete Music, Universal Music Group Nashville and Verve Records.http://new.umusic.com/Labels.aspx?Group=1 Universal Music Group] UMG labels feature such popular and diverse artists as Eminem, Elton John, 50 Cent, Marilyn Manson, Dr. Dre, Mariah Carey, George Strait and many others.
Univeral Music Group Competitors
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