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Endpoint: Universal Music



created on: 10/02/2020
by: Lo55o (12474)
 
 

Brand properties

General info :
Universal Music is a business or label name used by Universal Music Group (also known in the United States as UMG Recordings, Inc. and abbreviated as UMG), an American global music corporation that is majority owned by the French media conglomerate Vivendi as Chinese tech company Tencent owns a minority stake.
UMG's global corporate 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.
Ten percent of Universal Music Group was acquired by Tencent in January 2020 for US$3 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[6] and "amid the music industry's digital transformation, Universal is redefining what a modern label should look like." UMG has signed licensing agreements with more than 400 platforms worldwide.
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Item number : 29737

Submitted by : Lo55o (12474)
on : 10/02/2020