Universal Music Group: Difference between revisions
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===Background=== | ===Background=== | ||
Though the history of '''Universal Music Group N.V.''' dates as far back as the 1930s, the current group (UMG) was created with the acquisition of PolyGram by Universal on | Though the history of '''Universal Music Group N.V.''' dates as far back as the 1930s, the current group (UMG) was created with the acquisition of PolyGram by Universal on December 10, 1998. The name appeared two years before, when MCA Music Entertainment Group was renamed. From its inception until 2004, UMG was part of [[Universal Studios]] before the film giant's merger with [[NBC]]. Since May 2004, UMG is a separate entity and is part-owned by Vivendi SE, which also bought the BMG Music Publishing brand in 2007, and later some of the recorded music operations of EMI in 2012. In 2018, Tencent acquired a minority stake in UMG. In 2021, UMG officially split from Vivendi as the company went public and became a Dutch-owned music giant. | ||
Labels under UMG consist of Republic Records, Island Records, Def Jam Recordings, Capitol Records, Motown, Virgin Records, Decca Records, Verve Records, Interscope Geffen A&M Records and Deutsche Grammophon. Other divisions are either genre or foreign-based like UMG Latin Entertainment, UMG Christian, UMG Nashville, UMG UK, UMG Africa, UMG Asia or UMG Canada. | Labels under UMG consist of Republic Records, Island Records, Def Jam Recordings, Capitol Records, Motown, Virgin Records, Decca Records, Verve Records, Interscope Geffen A&M Records and Deutsche Grammophon. Other divisions are either genre or foreign-based like UMG Latin Entertainment, UMG Christian, UMG Nashville, UMG UK, UMG Africa, UMG Asia or UMG Canada. | ||