|
Fonovisa Records
Fonovisa Records is an American Spanish language record label founded in 1984 by Guillermo Santiso as a subsidiary of Televisa. Its former name before being acquired by Televisa in 1984 was Profono Internacional, which was founded in 1978. Fonovisa mainly produces Mexican style music. It is well known for its signing with artists such as Los Tigres Del Norte, Los Bukis, Los Temerarios, Enrique Iglesias, Lucero and Thalía. In late 2002, Fonovisa was acquired from Televisa by the Univision Music Group. Fonovisa was owned by the Univision Music Group until May 2008 when it was bought by Universal Music Group. It is now part of Universal Music Latin Entertainment. Fonovisa headquarters are now in the Capitol Record Building, in Hollywood, California. Lawsuits On January 25, 1996, Fonovisa was allowed to proceed with its copyright infringement lawsuit against Cherry Auction (which is known for operating the Cherry Avenue Auction in Fresno, CA) for allowing vendors to sell unlic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch– American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the " Big Three" record labels, along with Sony Music 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 prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021, at a valuation of €46 billion. In 2019, ''Fast Company'' named Universal Music Group the most innovative music company and listed UMG among the Top 50 most innovative companies in the world and "amid the music industry's digital tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
