Universal Music Group

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Universal Music Group is a company that runs four record labels in the music industry. It started in 1934 as "Decca Records USA" and had some other names, before it became "Universal Music Group" in 1996. The company is based in Santa Monica, California.[1][2]

History of the company [change]

"Universal Music" was once the music company for the movie studio Universal Pictures. MCA Inc. bought American Decca in 1962. Seagram, the owner of MCA, would buy PolyGram in 1998 to form Universal Music Group (which had been MCA before 1996).

The branches of "UMG" now count Capitol Records, Virgin Records, Interscope Records, A&M Records, Geffen Records, Island Records and Def Jam Recordings.

In 2007, Universal bought BMG's music publishing branch and folded it into the "Universal Music Publishing" division.

In 2012, Universal bought most of EMI's music recordings. After the buyout, Universal then sold some labels such as V2, Sanctuary, Mute, and Parlophone.

References [change]

  1. "History". Universal Music Group. http://new.umusic.com/history.aspx. Retrieved 2008-07-03.
  2. "Universal Music Group". About.com. http://musicians.about.com/od/companyprofiles/p/Universal.htm. Retrieved 2008-07-03.