Universal Music Group Overview

Universal Music Group is the number one firm in the recording industry. It got its start as an attachment to the film studio Universal Pictures. UMG is now owned by Vivendi, a monstrous French conglomerate. However, UMG is the highest fundamental entity that oversees the music recording. However, some Vivendi news is relevant to UMG, such as executive changes and more.

In 2008, UMG initiated a website called Vevo. Dubbed "the big Four's Hulu," Vevo was initially announced as a joint venture between Youtube and Universal. Since then, it has accumulated multiple partners and participants, including Sony and EMI (but not Warner). You'll see any and all Vevo updates on the weekly UMG update page. It launched in North America on December 8, 2009.

Market Share

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Universal Music Group has 32% of the current overall music sales (downloaded, cd and otherwise) market.

Major sub-groups

* Interscope-Geffen-A&M
* Island Def Jam Music Group
* Universal Motown Republic Group
* Universal Music Group Nashville
* Universal Music Latin Entertainment
* Sanctuary Group
* The Verve Music Group
* Decca Label Group
* Universal Music Enterprises
* V2/Co-Operative Music

Here's the complete list of all record labels in the UMG family.

Here's a list of websites that you should read up on for more background on UMG:

General

Business-Focused

Major Artists

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Kanye West
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Lady Gaga

CEO

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Doug Morris
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