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UMG
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 transfor ...
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Lucian Grainge
Sir Lucian Charles Grainge (born 29 February 1960) is the chairman and chief executive officer of Universal Music Group. Grainge has worked in the music business for his entire career. ''Billboard'' magazine named Grainge as the most powerful person in the music business on four occasions in the 2010s, and the first-ever Executive of the Decade. Early life and career Grainge grew up in North London. He was raised Jewish. Grainge left Queen Elizabeth's Grammar School for Boys at the age of 18, and began working as a runner at MPC, a talent scout company in 1978. After contacting several record label bosses, he was offered a job by Maurice Oberstein, chairman of CBS Records, working at publishing company April Music's A&R department. His first signing was The Psychedelic Furs. In 1982, he became the director of RCA Music Publishing. Two years later he became an A&R director for MCA Records. He set up PolyGram Music Publishing in 1986 and joined Polydor as general manager of A ...
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Boyd Muir
Boyd Muir is a music industry executive and the chief financial officer and executive vice president of Universal Music Group. Career Muir's music industry career began in the entertainment media division of Ernst & Young in London from 1984 until 1991. He then served as the head of internal audit at EMI from 1991 to 1994, and was closely involved with the company's acquisition of Virgin Music and Chrysalis Records. In 2010, Lucian Grainge named Muir the CFO of Universal Music Group. As CFO, Muir oversees global finance operations as well as UMG's global merchandising company, Bravado, and producer and distributor of music video programming, Eagle Rock Entertainment Eagle Rock Entertainment is an international producer and distributor of music films and programming. It operates two record labels (Eagle Records and Armoury Records), a full-service production company (Eagle Rock Productions) and a music publis .... Muir was also involved with a number of acquisitions for the compa ...
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List Of Universal Music Group Labels
Universal Music Group owns, or has a joint share in, many of the record labels listed here. According to UMG official site, the main labels are Abbey Road Studios, Bravado, Capitol Music Group, Decca Records, Def Jam Recordings, Deutsche Grammophon, EMI, Interscope Geffen A&M, Island Records, Motown Records, Polydor, Republic Records, Verve Label Group, and Virgin Music, as well as other UMG divisions (Universal Music Enterprises, Universal Music Nashville, Universal Music Latin Entertainment, and Universal Music Publishing Group). Interscope & Geffen Records Interscope Records *Aftermath Entertainment * AWGE * Billion Dollar Baby Entertainment *Shady Records * F2 Records *Maloof Musi *Top Dawg Entertainment *Downtown Records *Dreamville Records * Streamline Records * Suretone Records * Weapons of Mass Entertainment * Zone 4 *KonLive Distribution *Tropical Records *KIDinaKORNER * 222 Records * EarsDrummers Entertainment * N.E.E.T. Recordings *Konichiwa Records * Hits Since '87 * ...
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Decca Records
Decca Records is a British record label established in 1929 by Edward Lewis (Decca), Edward Lewis. Its U.S. label was established in late 1934 by Lewis, Jack Kapp, American Decca's first president, and Milton Rackmil, who later became American Decca's president. In 1937, anticipating Nazi Germany, Nazi aggression leading to World War II, Lewis sold American Decca and the link between the U.K. and U.S. Decca labels was broken for several decades. The British label was renowned for its development of recording methods, while the American company developed the concept of cast albums in the musical genre. Both wings are now part of the Universal Music Group. The U.S. Decca label was the foundation company that evolved into UMG (Universal Music Group). Label name The name dates back to a portable phonograph, gramophone called the "Decca Dulcephone" patented in 1914 by musical instrument makers Barnett Samuel and Sons. The name "Decca" was coined by Wilfred S. Samuel by merging the w ...
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Record Label
A record label, or record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists, and maintaining contracts with recording artists and their managers. The term "record label", derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and promote their singles on streaming services, radio, and television. Record labels also provide publicists, who assist performers in gaining positi ...
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Sony Music
Sony Music Entertainment (SME), also known as simply Sony Music, is an American multinational music company. Being owned by the parent conglomerate Sony Group Corporation, it is part of the Sony Music Group, which is owned by Sony Entertainment and managed by the American umbrella division of Sony. It was originally founded in 1929 as American Record Corporation and renamed as Columbia Recording Corporation in 1938, following its acquisition by the Columbia Broadcasting System. In 1966, the company was reorganized to become CBS Records, and Sony Corporation bought the company in 1988, renaming it under its current name in 1991. In 2004, Sony and Bertelsmann established a 50-50 joint venture known as Sony BMG, which transferred the businesses of Sony Music and Bertelsmann Music Group into one entity. However, in 2008, Sony acquired Bertelsmann's stake, and the company reverted to the Sony Music name shortly after; the buyout allowed Sony to acquire all of BMG's labels, which ...
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Vivendi
Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video game, book publishing, print press, communication, Ticket (admission), tickets and video hosting services. Bolloré is the largest shareholder at approximately 30% of the company. Vivendi's chairman Yannick Bolloré is also CEO of Havas, which was spun-off from Vivendi in 2000 but has since become a subsidiary. History Origins On 14 December 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in that capacity for over a hundred years. In 1861, it obtained a 50-year concession with the Paris, City of Paris. CGE also supplied water to Nantes, Venice (from 1880), Istanbul, Constantinop ...
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MCA Records
MCA Records was an American record label owned by MCA Inc., which later became part of Universal Music Group. Pre-history MCA Inc., a powerful talent agency and a television production company, entered the recorded music business in 1962 with the purchase of the New York-based US Decca Records (established in 1934), including Coral Records and Brunswick Records. MCA was forced to exit the talent agency business in order to complete the merger. As American Decca owned Universal Pictures, MCA assumed full ownership of Universal and made it into a top film studio, producing several hits. In 1966, MCA formed Uni Records and in 1967, purchased Kapp Records which was placed under Uni Records management. History The early years In 1937, the owner of Decca, E. R. Lewis, chose to split off the UK Decca company from the US company (keeping his US Decca holdings), fearing the financial damage that would arise for UK Companies if the emerging hostilities of Nazi Germany should lead t ...
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MCA Music Entertainment Group
MCA Records was an American record label owned by MCA Inc., which later became part of Universal Music Group. Pre-history MCA Inc., a powerful talent agency and a television production company, entered the recorded music business in 1962 with the purchase of the New York-based US Decca Records (established in 1934), including Coral Records and Brunswick Records. MCA was forced to exit the talent agency business in order to complete the merger. As American Decca owned Universal Pictures, MCA assumed full ownership of Universal and made it into a top film studio, producing several hits. In 1966, MCA formed Uni Records and in 1967, purchased Kapp Records which was placed under Uni Records management. History The early years In 1937, the owner of Decca, E. R. Lewis, chose to split off the UK Decca company from the US company (keeping his US Decca holdings), fearing the financial damage that would arise for UK Companies if the emerging hostilities of Nazi Germany should lead t ...
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Music Industry
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write songs and musical compositions; the singers, musicians, conductors, and bandleaders who perform the music; the record labels, music publishers, recording studios, music producers, audio engineers, retail and digital music stores, and performance rights organizations who create and sell recorded music and sheet music; and the booking agents, promoters, music venues, road crew, and audio engineers who help organize and sell concerts. The industry also includes a range of professionals who assist singers and musicians with their music careers. These include talent managers, artists ...
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Warner Music Group
Warner Music Group Corp. ( d.b.a. Warner Music Group, commonly abbreviated as WMG) is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the " big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME). Formerly part of Time Warner (now Warner Bros. Discovery), WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. With a multibillion-dollar annual turnover, WMG employs more than 3,500 people and has operations in more than 50 countries throughout the world. The company owns and operates some of the largest and most successful labels in the world, including Elektra Records, Reprise Records, Warner Records, Parlophone Records (formerly owned by EMI), ...
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Vincent Bolloré
Vincent Bolloré (born 1 April 1952) is a French billionaire businessman. He is the chairman and CEO of the investment group Bolloré. As of September 2021, his net worth is estimated at US$9 billion. Early life Bolloré was born in Boulogne-Billancourt. He attended the Lycée Janson-de-Sailly, before graduating with a business degree from Université Paris X Nanterre. Bolloré started his career as an investment bank trainee at Edmond de Rothschild. Career Bolloré's personal investment career began when he took over at his family-controlled conglomerate Bolloré, which deals in maritime freight and African trade, and paper manufacturing (cigarette and bible paper). Bolloré employs 33,000 people worldwide. He is a well-known corporate raider in France who has succeeded in making money by taking large stakes in French listed companies, in particular the building and construction group Bouygues, where he left with a sizeable capital gain after a power struggle. He pulled a ...
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