News tagged with universal music group

Universal Music Group (UMG) is the largest business group and family of record labels in the recording industry. With a 25.5% market share (est. 2005), it is one of the "big four" record companies. It is a wholly owned subsidiary of Vivendi; Universal Studios, the movie studio, was sold in part to NBC to form NBC Universal, which itself is part of GE.

UMG owns the largest music publishing business in the world, Universal Music Publishing Group, following the acquisition of BMG Music Publishing in May 2007.

Vivendi's headquarters are in Paris, France. The UMG global headquarters are located New York City. Other major offices are located in Santa Monica, California, along with Universal Music Group Nashville in Nashville; in the UK the group has a number of offices in London and Romford.

Universal Music has announced that it will develop an online site for music videos inspired by Hulu.com, the site setup by News Corp. and NBC that allows free, ad-supported streaming of TV shows