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Island (Universal)
Island Records is a multinational record label owned by Universal Music Group. It was founded in 1959 by Chris Blackwell, Graeme Goodall, and Leslie Kong in Jamaica, and was eventually sold to PolyGram in 1989. Island and A&M Records, another label recently acquired by PolyGram, were both at the time the largest independent record labels in history, with Island having exerted a major influence on the progressive music scene in the United Kingdom in the early 1970s. Island Records operates four international divisions: Island US, Island UK, Island Australia, and Island France (known as Vertigo France until 2014). Current key people include Island US president Darcus Beese, Officer of the Most Excellent Order of the British Empire, OBE and MD Jon Turner. Partially due to its significant legacy, Island remains one of UMG's pre-eminent record labels. Artists who have signed to Island Records include Bob Marley, Nick Drake, Queen (band), Queen, Jethro Tull (band), Jethro Tull, Gr ... [...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] |
