Universal Music Group

Overview

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• TickerUMG on Amsterdam Stock Exchange¹
• Industrymusic industry, phonographic industry¹
• HeadquartersCalifornia¹
• Websitewww.universalmusic.com
• Legal formnaamloze vennootschap¹

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Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Dutch-American music corporation under Dutch law. While UMG's corporate headquarters are located in Hilversum, Netherlands, its operational headquarters are located in Santa Monica, California. As the biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music Entertainment and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG before its IPO on the Euronext Amsterdam stock exchange. The French Bolloré family still owns 28 percent of UMG (18 percent directly, and ten percent through Vivendi, formerly Vivendi Universal, the Bolloré family's investment company). The company went public on September 21, 2021, at a valuation of €46 billion.²

The story

Founded by MCA Inc. on Sep 1934.¹

Leadership

Who has led Universal Music Group, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerLucian Grainge Jan 1, 2011 to now¹
• Chief executive officerDoug Morris 1995 to Dec 31, 2010¹

Products and brands

• music

Listed on Wikidata.¹

Subsidiaries and ownership

Owners

• Tencent 20%
• Pershing Square Holdings 10%
• Vivendi 10%

Subsidiaries

• A&M Records
• Aftermath Entertainment
• All Star Records
• Amaru Entertainment
• Angel
• Black Frog Music
• Blue Thumb Records
• Boominati Worldwide
• Calderstone Productions
• Capitol Latin
• Capitol Music Group
• Capitol Recording Corporation
• Capitol Records
• Capitol Records Nashville
• Caroline International
• Caroline Records
• Casablanca Music, LLC
• Cash Money Records
• Charisma
• Chess Records
• Clan Celentano S.r.l.
• Comp Music
• Copenhagen Records
• DGC Records

Divisions

• UMG Soundtracks
• UTV Records
• Universal
• Universal Classics & Jazz
• Universal Music
• Universal Soundtracks

Also owns

• PIAS Group 49%
• Cosmos Music Group
• MCA Inc.
• PolyGram Entertainment
• Spinnup
• Poko Rekords since 2013

From Wikidata.¹

Acquisitions

1. Feb 2024Republic Corps became a subsidiary¹
2. Jun 2020EMI Records became a subsidiary¹
3. 2016Acquired TenThousand Projects¹
4. 2014Acquired Dot Records¹
5. 2014Acquired Spinefarm Records¹
6. 2013Acquired Poko Rekords¹
7. 2012Acquired Capitol Recording Corporation¹
8. 2012Acquired I.R.S. Records¹
9. 2012Acquired Liberty Records¹
10. 2003Acquired DreamWorks Records¹
11. 2003Venkow Records became a subsidiary¹
12. 2002Acquired Spin-Farm¹
13. 2000Republic Records, Inc. became a subsidiary¹
14. 1999Polar Music International AB became a subsidiary¹
15. 1998Acquired Barclay¹

Employees over time

• 20177,912¹
• 20167,547¹
• 20155,108¹
• 20144,557¹
• 20137,649¹
• 20126,422¹
• 20106,967¹
• 20097,524¹

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

• 20175.7B EUR¹

Net income

• 2017$970.0M¹

Timeline

1. Sep 23, 2021Went public Listed on Amsterdam Stock Exchange¹
2. Jan 1, 2011New chief executive Lucian Grainge becomes CEO¹
3. 1995New chief executive Doug Morris becomes CEO¹
4. Sep 1934Founded Founded¹

Links

• Websitewww.universalmusic.fr¹
• Websitewww.universalmusic.com¹
• X (Twitter)x.com/UMG¹
• Facebookwww.facebook.com/UniversalMusicGroup¹
• Instagramwww.instagram.com/universalmusicgroup¹
• YouTubewww.youtube.com/channel/UCU4qlPNKbtQxH3KEiy4_aIA¹
• WikipediaUniversal Music Group
• WikidataQ38903